Job Function:
Legal, Compliance & Secretariat ensures that the bank's interests are protected
by zealously guarding and enhancing its reputation and capital. We also work to
maintain a good standing with all our regulators, customers, and business
partners. Because we believe that at the heart of business banking is to uphold
the values of trust and integrity for all our stakeholders.

* Job Purpose

We are seeking a highly motivated and detail-oriented Money Mule Detection
Specialist to join our agile Financial Crime Management team. The successful
candidate will play a crucial role in identifying and preventing money mule
activity within DBS Bank, protecting our customers and the bank's reputation.
This involves using advanced analytical techniques, innovative technologies, and
a deep understanding of mule behavioural patterns to detect suspicious activity
early in the process. This is a critical role requiring a proactive and
collaborative approach.

Key Accountabilities – Roles & Responsibilities:

Requirements:

* Build SOP on mule monitoring in line with regulation.




* Expedite regulatory reporting for all mule cases identified
* Continuously work on money mule detection mechanism including automation of
BAU processes, system upgradation, data analytical skills upgradation.
* Feed in learnings to the various stakeholders like BU to combat reoccurrence
of mule typology at the onboarding stage, transaction monitoring team both on
KYC AML as well as Fraud side basis amount/threshold/account pattern
behaviour.
* Work closely with internal stakeholders managing core AML /KYC/Fraud related
matters
* Work closely with other stakeholders including operations (CCTR), business
for queries related on the subject matter
* Develop and maintain advanced analytical models and algorithms to identify
potential money mules based on transactional data, behavioural patterns, and
other relevant information.
* Monitor and analyse transaction data in real-time or near real-time to

📌 Vice President, Mule Risk Management, Legal Compliance and Secretariat (Mumbai)
🏢 DBS Bank
📍 Mumbai