Job Requirements
About the Role

As a
Team Lead – AML Transaction Monitoring
within the Risk function, you will be responsible for overseeing day-to-day Anti-Money Laundering (AML) operations, including transaction monitoring, risk assessments, and regulatory reporting. You will lead a team in reviewing suspicious transactions, filing Suspicious Transaction Reports (STRs), and optimizing AML systems and controls. The role also involves collaborating with internal stakeholders, regulators, and auditors, while contributing to the development of effective compliance strategies and training programs.

Key Responsibilities

Primary Responsibilities
- Lead and manage the AML transaction monitoring team to ensure timely and accurate review of alerts and escalation cases.
- Review suspicious transactions in customer accounts and file STRs with the Financial Intelligence Unit (FIU).
- Prepare periodic MIS reports for senior management and head office.
- Establish, review, and update SOPs, processes, and guidelines to ensure effective controls aligned with regulatory standards.




- Provide risk assessments and coherent recommendations to senior management during business decision-making.
- Identify error trends and emerging typologies; guide business units on transaction monitoring practices.
- Coordinate with Compliance, Audit, and Regulators to resolve concerns and support inspections.
- Develop indicators and tolerance limits; perform threshold tuning and AML system optimization.
- Address action items and deliverables assigned by the Principal Officer or Chief Compliance Officer.

Secondary Responsibilities
- Collaborate with internal stakeholders to leverage synergies and enhance compliance effectiveness.
- Stay updated on regulatory developments and evolving best practices in AML and compliance.
- Foster a collaborative learning setting and promote shared ownership of responsibilities.

What We Are Looking For

Education
- Graduation: Full time graduate in any discipl

📌 Team Lead-AML Transaction Monitoring (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai