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20/10 Western Union HR Team
Regional Senior Recruitment Consultant - Talent Acquisition at Western Union

Views:1763 Applications:246 Rec. Actions:Recruiter Actions:0

Western Union - AML Officer (2-3 yrs)

Mumbai Job Code: 503152

The Opportunity: AML Officer 1

Want to do work on a massively global scale with a FINTECH company that is poised to revolutionize the industry- Get to know WU as we establish a new, world-class Technology Engineering Center (TEC) in Pune, India to support global strategic initiatives. Be one of the first leaders to join the team and help shape our company's digital capabilities and revolutionize an industry!

Among digital, person-to-person, international money transfer providers Western Union is the leader in number of customers, transactions and receive countries. We- ve built a powerful, cross-border technology platform for quickly moving money almost anywhere in the world. What sets us apart is a combination of a physical AND rapidly expanding digital network across 200 countries and territories with access to over 130 global currencies, our global compliance expertise and the proprietary technology behind it all.

We continue to invest heavily in using, and developing technology that allows us to move money seamlessly; eliminating barriers based on location, currency, payment method, platform, etc. Some companies specialize in cash-based retail money transfer and others play only in digital. We are a leader in both!

We are looking for AML Compliance Officer, who will be responsible to provide AML Compliance support to agents of Western Union in India and its affiliates in order to build programs that are in compliance with the Bank Secrecy Act, USA Patriot Act, RBI regulations and other anti-money laundering laws as they apply to Money Services Businesses.

Key responsibilities:

- Supports agents' efforts to comply with company policies and procedures as they relate to anti-money laundering

- Evaluates internal controls and anti-money laundering compliance programs for agents through transaction analyses, compliance reviews and training sessions.

- Responsible for follow up with agents concerning review findings. Work will be closely supervised until skills are consistently demonstrated

- Conduct on-site inspections of agent locations as part of Western Union's Agent Oversight Program

- Support agents' efforts to comply with company policies and procedures as they relate to anti-money laundering

- Provide training and resource support to the agent network and agent location staff if required

- Evaluate, train and test internal controls and anti-money laundering compliance programs for agents through transaction analyses, compliance reviews and training sessions

- Report suspicious activity related to ML,TF & fraud risk concerns observed at the location during the review for appropriate action.

- Provide assistance to AML compliance team to meet the department objectives.

- Follow up on remediation required at agent locations to ensure cases are completed and closed

- Engage with other Western Union departments as required

What we require:

- Minimum 2 - 3 years- experience in AML Operations, AML Compliance, Audit or Risk related fields.

- Bachelor's Degree.

- Excellent written and verbal communication skills.

- Strong analytical and problem-solving skills.

- Proven experience and ability to analyze and utilize industry standards and employ sound judgment to draw conclusions related to ML /TF/Fraud risks.

- Excellent multi-tasking ability.

- Good interpersonal skills and be capable of dealing with people at all levels.

- Proficient in the use of MS applications.

- Capable of handling tasks independently and also demonstrate good teamwork.

- Fluency in English, Hindi and preferably other Indian languages is strongly preferred.

- Willing to travel extensively, 50% of work time, depending upon location and area assigned for conducting review.

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If you- re ready for a challenge and want to be involved in something that will change an industry and impact millions of people and businesses around the world, then apply today!

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This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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