The incumbent will be responsible to ensure that Bank complies with AML regulations and provides necessary support to the Compliance function in monitoring of transactions.
Deliverables
1. Closure of alerts with respect to AML
2. Recommending STRs on cases fit for STR filing
3. To do various transaction monitoring activities
4. Preparation and Updation of data for FIU reporting
5. Suggesting AML process improvement plans to eliminate gaps
6. Ensuring that the Bank complies with FIU/RBI regulations
Demonstrate (Key competencies)
- Result-oriented with ability to complete tasks within the timelines defined by the Regulator
- In-depth knowledge on PMLA including FINGate
- Analytical and problem solving abilities
- Excellent communication skills
- Hands on MS-Excel; SQL would be an added advantage
Decision Level
Prime: Final Decision Making authority, accountable to the Management
1. Closure and Recommendations on AML alerts
2. Conduct trainings on RBI Compliances
3. Process Improvement Plans
4. Reporting and presentations on non- compliances
Shared: Decisions reached jointly with peers on a collective basis
1. Documentation on AML procedures
2. Coordinate with other Control functions
Contributory: Makes a major contribution to a decision or policy judgment reached by others
1. Guidance to staff and various team members on AML related issues.
Interested candidate can share their cv at [HIDDEN TEXT]