Principal Officer - BFS

WE are looking for Principal Officer for a Bank in Mumbai

- To handle the vital role of KYC/AML Compliance of the entire Bank in the capacity of the Principal Officer of the Bank. Ensuring Compliance to various Law Enforcement Agencies and Regulators.

- M.L.R.O of the Bank for KYC/AML compliance, overseeing and ensuring the reporting of CTR, NTR, CCR and CBWTR to FIU-IND.

- Approving all the Suspicious Transaction Reports (STRs) and ensuring the maintenance of quality of reporting.

- Submission of STR Categorisation report to FIU-IND on monthly basis

- Managing a team of around 40 members and ensuring that all the TATs are adhered to and the laid down processes are strictly followed by these members.

- Review of Rules under Thematic Study, BAAS as well as also review the transaction monitoring in JOCATA periodically

- Actively involved in coordinating with JOCATA for resolution of issues/developments in STAR (Transaction monitoring module of JOCATA)

- Ensuring that all the RFIs implemented basis thematic study are monitored by the team

- Ensuring Transaction Monitoring and Surveillance of Demat accounts.

- Ensuring timely Compliance to various notices/queries received from Law Enforcement Agencies such as income Tax department, Enforcement Directorate, SFIO etc and also from Regulators like SEBI and RBI.

- Approving exceptional cases of matches found in Negative List and guiding the Negative List Team.

- MBA or LLB will be an added advantage

- RBI Compliance is mandatory