Manager - Anti Money Laundering - Transaction Monitoring - Bank - CA

Urgent Hiring for one of leading Indian Bank

CA fresher can also apply if they have experience in AML, Transaction Monitoring, and forensic audit

Unit: Fraud Containment & Anti Money Laundering unit

The Fraud Containment Unit (FCU) is responsible for the prevention and detection of internal and external frauds in the areas of Liabilities, Product and Support functions. The unit conducts transaction monitoring, forensic scrutiny of documents, employee awareness training's and Fraud Vulnerability Assessments to help achieve the said objective

The Anti Money Laundering Unit is responsible for identifying and reporting of suspicious transactions as prescribed under the PMLA Act & Regulators, across all Business segments of the Bank

Job Role & Descriptions :

Quality Assurance/Review of the activities carried out within FCU and AML unit. This will involve a review of processes for control adherence & adequacy, data integrity testing, system logic validation, covering the following aspects:

1. Perform detailed analysis of alerts checked at first line for adequacy and adherence to laid down guidelines.

2. Intelligent sampling and review of samples to ascertain control adherence.

3. Reporting of significant exceptions identified as part of the review process.

4. Ensure productivity for alerts allocated is maintained

5. Any other matters assigned by line manager or Heads of the Unit.