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
Closure of alerts with respect to AML
Recommending STRs on cases fit for STR filing
To do various transaction monitoring activities
Preparation and Updation of data for FIU reporting
Suggesting AML process improvement plans to eliminate gaps
Ensuring that the Bank complies with FIU/RBI regulations
Demonstrate
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
Closure and Recommendations on AML alerts
Conduct trainings on RBI Compliances
Process Improvement Plans
Reporting and presentations on non- compliances
Documentation on AML procedures
Coordinate with other Control functions
Education
Post Graduate preferably in Banking related courses
Working Experience:
7-15 years in Banking Industry