Job Purpose
The role is a critical element of organization’s defense against money laundering, terrorist financing and fraud.
Responsible for analyzing and reporting of Transaction alerts generated for operations.
Identification and Implementation of improvement areas as prescribed by Regulatory bodies such as RBI, and FIU-IND and other AML Compliance initiative.Duties and Responsibilities
Conducting detailed and thorough investigation of cases/alerts in accordance with internal policies, process and external regulations (e.g. RBI KYC Policies, PMLA Act & Rules)
Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act & Rules)
Good domain knowledge of BFL product, processes and systems like Pennant, Miles, Finacle,CRM
Identification of improvement areas in regard to regulatory mandates and Product constructs
Actionizing of improvement areas identified in coordination with PMO, IT, Compliance, and COE teams
Support in developing and implementing an effective compliance program related to KYC / AML to meet the regulatory expectations of the authorities, e.g. RBI, on a regular basis
Preparation of SOP in accordance with Compliance requirements




Identification of practices across different processes and systems and their impact on transactions from an AML perspective
Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act & Rules)
Identification and timely escalation of potentially suspicious transactions for further investigationRequired Qualifications and Experience
Graduate Degree, five years plus of experience in the lending business.
Understanding of Financial Crime Policies & Documentations, knowledge of banking terminologies, Onboarding/Compliance/AML/KYC experience.
Ability to interpret Regulatory requirements
Applicant should be well versed with various MS Excel, MS Power-point and working knowledge of SQL preferred
Ability to work independently and accomplish the task assigned
Cooperative work style to engage with peers & colleagues in other functions across the company
High motivational levels and a self-starter.
Should possess the below skill sets:
Robust Analytical skills, Positive written and verbal communication, Good Interpersonal Skills, Influencing skills

📌 Unit Manager Operations And Service/senior Unit Manager Operations And Service Pune
🏢 Bajaj Finance
📍 Pune