Job Summary The prospective candidate shall handle work related to:

- Analysis of AML transaction monitoring alerts generated through monitoring systems.

- Review of closed AML alerts to identify quality issues, trends, and emerging ML/TF risks.

- Preparation of periodic MIS, dashboards, and management reports.

- Identification of unusual customer behavior, suspicious patterns, and monitoring gaps.

- Data extraction, validation, and analytical review of alert populations.

- Tracking closure quality and TAT adherence for AML investigations.

- Coordination with business, operations, fraud risk, and technology teams for alert-related information.

Duties and Responsibilities

- Conduct sample-based and thematic review of closed AML alerts to assess quality and consistency of investigations.

- Perform analytical review of AML transaction monitoring alerts and identify unusual trends.

- Prepare periodic MIS on alert volumes, productivity, closure trends, backlogs, and exceptions.

- Assist in monitoring compliance with internal AML/CFT policies, RBI guidelines, and PMLA requirements.

- Support preparation of regulatory submissions, audit requirements.

- Analyze large datasets using Excel and other analytical tools to identify risk patterns.

- Escalate significant deficiencies, suspicious trends, and process gaps to reporting manager.

- Maintain documentation and audit trail of analytical reviews performed.

- Support development of dashboards and key risk indicators relating to AML monitoring.

Key Decisions / Dimensions

- Identification and escalation of unusual alert trends and potential monitoring gaps.

- Selection of samples for quality review of closed AML alerts.

- Highlighting exceptions requiring management attention.





- Recommending process improvements and analytical enhancements in transaction monitoring controls.

Major Challenges

- Managing and analyzing large volumes of AML alerts and investigation data.

- Identifying meaningful risk indicators amidst high volumes of false-positive alerts.

- Ensuring consistency in review of alerts across multiple products and customer segments.

- Understanding evolving AML typologies, regulatory expectations, and risk indicators.

- Coordinating with multiple stakeholders for data gathering and validation.

Required Qualifications and Experience Skills

- Basic understanding of RBI KYC Directions, PMLA, AML/CFT requirements, and transaction monitoring concepts.

- Strong analytical and problem-solving skills.

- Good knowledge of MS Excel, PowerPoint, and data analysis techniques.

- Ability to work with large datasets and generate meaningful insights.

- Good written and verbal communication skills.

- Attention to detail and investigative mindset.

- Ability to work independently and manage multiple assignments.

- Knowledge of AML systems, transaction monitoring tools, SQL, Power BI, or data analytics tools will be an added advantage.

Qualifications

- Graduate / Post-graduate in Commerce, Finance, Management, Statistics, Economics, or related discipline.

- Skilled certifications in AML/KYC, Financial Crime Compliance, or Data Analytics will be an added advantage.

Work Experience

- 1 to 3 years of experience in Operations, AML Operations, KYC, RCU, Risk Analytics, Internal Audit, or related functions.

- Freshers with strong analytical aptitude and interest in AML/KYC may also be considered.

- Prior exposure to transaction monitoring alerts, AML investigations, MIS preparation, or data analytics would be preferred.

📌 Unit Manager - Compliance (Pune)
🏢 Bajaj Finance
📍 Pune