Department

Compliance

Role

Team Leader – AML Transaction Monitoring

Designation

AVP

Location

Head Office, Kolkata

Reporting To

Principal Officer

Job Purpose To lead and manage the Anti-Money Laundering (AML) Transaction Monitoring team, ensuring compliance with regulatory requirements, timely resolution of alerts, and adherence to internal audit observations. The role focuses on identifying and mitigating risks, improving departmental processes, and fostering a culture of integrity and compliance.

Key Duties and Responsibilities

- Oversee the submission of regulatory reports and statutory notices within stipulated deadlines.
- Monitor and ensure timely closure of transaction-monitoring alerts in line with defined timelines.
- Review, enhance and approve Suspicious Transaction Reports (STRs) submitted by analysts.
- Coordinate with Branch Heads, Cluster Heads, Regional Heads and Zonal Heads to obtain necessary due-diligence inputs and support other unit activities.
- Monitor and track team performance, maintain attrition below 15%, and ensure completion of training as planned.
- Coordinate with Internal and External Audit, Compliance, IT, Operations and other relevant stakeholders to ensure timely completion of AML activities.
- Analyse bulk data for trend analysis and present findings to Senior Management.
- Take action on Action Taken Reports (ATRs) advised by internal and external authorities.
- Prepare ACB, Board and Compliance Committee reports for the AML unit.
- Coordinate timely completion of the bank’s ML-TF Risk Assessment.




- Ensure completion of internal and external training for the team and self.
- Interview candidates for recruitment within AML units.
- Drive continuous improvement in systems, controls and processes to enhance the overall efficiency of the AML department.
- Drive additional projects assigned by the Principal Officer / Chief Compliance Officer (PO/CCO).

Qualifications, Experience and Skills

- Education: Postgraduate qualification in Finance, Banking, Economics or a related field.
- Additional training or certifications in AML, KYC compliance, Risk Management or regulatory compliance frameworks will be considered an advantage.
- Experience: 15+ years of relevant experience, with at least 5 years in AML / Transaction Monitoring, Risk, Vigilance or related compliance functions. Prior experience handling regulatory audits and transaction-monitoring systems is required.
- Strong knowledge of AML regulations, risk-management practices and transaction-monitoring tools.
- Experience handling projects / central roles and participating in decision-making.
- Robust drafting, reporting and presentation skills.
- Experience dealing with regulators and the Reserve Bank of India (RBI).
- Excellent analytical skills, including the ability to identify and mitigate risks effectively.
- Leadership and team-management skills, with a focus on performance monitoring and attrition control.
- Strong communication and stakeholder-management skills.

High attention to detail, problem-solving ability and the capacity to manage multiple priorities.

📌 Anti-Money Laundering Analyst (Kolkata)
🏢 Peoplemint Consultants
📍 Kolkata