The Head of AML/KYC Advisory & Surveillance Operations position is a holistic role covering various aspects of internal and regulatory requirements – leading the AML/CFT/KYC/CDD process and risk for the Bank; cater to AML/CFT transaction surveillance unit, ensuring sanctions compliance and continuous upliftment of preventive and detective controls; besides handling the regulatory aspects of PMLA and RBI KYC Directions. The candidate will independently manage the AML/KYC/Sanctions/Transaction Surveillance, function as the alternate Principal Officer and report to the Executive Director, Principal Officer & Head Financial Crime Compliance.
In the role, the candidate will handle the development and implementation of processes and technology systems to detect AML/CFT for the bank in India while working in close alignment with the Group for enterprise-wide solutions, closely collaborate with the Business units and support units in establishing processes and controls around AML/CDD/KYC/CFT/Sanctions.
Key Responsibilities
- Be responsible for overall management of AML/CFT/Sanctions/KYC Advisory and AML/CFT transaction surveillance activities for the bank
- Ensure that the bank complies with regulatory and internal guidelines related to AML/CFT/Sanctions/KYC/CDD
- Work with stakeholders including business and support units to foster a solid risk and controls culture within the organization
- Manage the team effectively and ensure that team members are highly engaged and facilitate joyful employee experience
Key Accountabilities
- Develop and implement policies, standards and practices that are necessary to meet obligations pursuant to internal guidelines of the bank and extant regulations catering to AML / CFT /KYC/ Sanctions Compliance obligations
- Assist in RBI Inspections/ audit / compliance related activities. Ensure compliance to all policies and procedures laid down by the bank
- Effective coordination with regulators, internal and external stakehold