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.
- 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 RBI regulations and provides necessary support to the Compliance function.
- Team player and result-oriented
- In-depth knowledge on PMLA
- Analytical and problem solving abilities
- Excellent communication skills
Hands on MS-Excel; SQL would be an added advantage
Prime: Final Decision Making authority, accountable to the Management
- Closure of AML alerts
- Conduct trainings on RBI Compliances
- Process Improvement Plans
- Reporting and presentations on non- compliances
Shared: Decisions reached jointly with peers on a collective basis
- Documentation on AML procedures
- Coordinate with internal auditor
Contributory: Makes a major contribution to a decision or policy judgment reached by others
Guidance to staff and various team members on AML related issues
