Senior Manager - Anti Money Laundering Compliance Role - BFSI

We are hiring for an Anti Money Laundering Compliance role based with a reputed housing finance company in Mumbai.

- Managing a Team of Investigators for monitoring transactional activity and identify patterns and trends associated with money laundering and any other potential risks related to it

- Collect and document data, including KYC (Know Your Customer) information, relevant account and transaction data, information from public sources, plus any other addition information to assist in the investigation of trends

- Review and analyze the various pattern of transactions and prepare Notes for submission to the FIU

- Preparing and reviewing Notes and Case Studies based on the study of various accounts and scenarios

- Support development of procedural improvements to maximize effectiveness

- Formulating and periodically reviewing the AML Policy in line with the applicable regulatory guidelines

- Dissemination of relevant regulatory guidelines to business groups in timely manner

- Liaisoning with the regulatory/enforcement authorities on AML matters

- Submission of periodic reports to the Audit & Risk Management Committee including the adequacy of the systems and controls for managing Money Laundering (ML) risks and for recommending any changes or improvements, as necessary

- Review and approve all products/services to ensure compliance with AML policies and procedure

- Ensure that AML controls are put in place before any new product is launched. The control shall include the ML risk rating of product, checklist on ML indicators, definition of suspicious behaviour and compliance framework and systems for monitoring and mitigating the ML risks

- Participate in strategic planning meetings or comment on proposed plans specifically if the new strategy increases the ML risk exposure

- Advise the detailed responsibilities of the respective AML compliance functionaries, if any, in consultation with the respective Business Group Head from time to time

- Conducting AML training programme at the company

Experience in NBFC or HFC is a must

Interested candidates may share your resume to Kandra@dimensionshrd.com