Location Name: Pune Corporate Office - Mantri
Job Purpose
- The role is a critical element of organization's defense against money laundering, terrorist financing and fraud.
- Responsible for analyzing and reporting of Transaction alerts generated for operations.
- Identification and Implementation of improvement areas as prescribed by Regulatory bodies such as RBI, and FIU-IND and other AML Compliance initiative.
Duties And Responsibilities
- Conducting detailed and thorough investigation of cases/alerts in accordance with internal policies, process and external regulations (e.g. RBI KYC Policies, PMLA Act & Rules)
- Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act & Rules)
- Good domain knowledge of BFL product, processes and systems like Pennant, Miles, Finacle,CRM
- Identification of improvement areas in regard to regulatory mandates and Product constructs
- Actionizing of improvement areas identified in coordination with PMO, IT, Compliance, and COE teams
- Support in developing and implementing an effective compliance program related to KYC / AML to meet the regulatory expectations of the authorities, e.g. RBI, on a regular basis
- Preparation of SOP in accordance with Compliance requirements
- Identification of practices across different processes and systems and their impact on transactions from an AML perspective
- Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act & Rules)
- Identification and timely escalation of potentially suspicious transactions for further investigation
Required Qualifications And Experience
- Graduate Degree, five years plus of experience in the lending business.
- Understanding of Financial Crime Policies & Documentations, knowledge of banking terminologies, Onboarding/Compliance/AML/KYC experience.
- Ability to interpret Regulatory requirements
- Applicant should be well versed with various MS Excel, MS Power-point and working knowledge of SQL preferred
- Ability to work independently and accomplish the task assigned
- Collaborative work style to engage with peers & colleagues in other functions across the company
- High motivational levels and a self-starter.
- Should possess the below skill sets: - Strong Analytical skills, Good written and verbal communication, Good Interpersonal Skills, Influencing skills
