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