Manager - Compliance/AML - Bank

Manager Compliance / AML/ MNC Bank / Delhi/ Mumbai

- Developing and maintaining an effective Compliance program to ensure a best-in-class Compliance culture

- Providing guidance to business units on regulatory matters and interpretation of guidelines issued by various regulators.

- Providing guidance and support to the lines of businesses through participation in new product/service projects.

- Providing direction and assist business partners regarding Compliance activities, laws, and regulations.

- Ensure that business activities are aligned to Company's compliance program and local regulations in local market

- Providing advice and guidance on compliance issues within the market in a manner consistent with all local directives, circulars, and communications.

- Supporting the Market Compliance Office in achieving the Market Goals within the defined timeline, in closing out the identified Gaps and resolving outstanding compliance issues.

- Maintaining working knowledge of relevant legal and regulatory requirements. As needed, utilize General Counsel's Office, Global / Market Compliance Office, or other line of business subject matter compliance experts.

- Provide regular updates to various committees within the company

The Successful Applicant :

- Minimum of 8 to 12 years of relevant experience in consultancy within the Big Four or in a bank/financial institution background.

- Good knowledge of AML Laws and practices

- Strong knowledge of Banking Regulations Act, Prevention of Money Laundering Act and other laws applicable to Commercial Banks and Payment Operators

- Working knowledge of Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control (preferred)

- Ability to operate multi-nationally with regulators, law enforcement, business partners and Agents

- Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks.

- Ability to address large groups and conduct training.

- Educational Qualifications ; CA/CS/LLB/CAMS/CIA/MBA.

- Handled Regulatory Compliance within large banks or payment operators

- Experience in working with regulatory bodies will be an added advantage