Develop and implement the AML framework to enhance organization process/ transaction monitoring & watch list screening capabilities
Oversee monitoring and analysis of suspicious transaction trends, business processes, customer behavior patterns and platform gaps to identify improvement areas and ensure necessary changes are implemented
Oversee preparation of and publish AML program reports/ business dashboards with relevant stakeholders as per the business agreed frequency
Monitor industry regulatory activities and other trends (external and internal) through appropriate early warning systems in order to take pre-emptive actions
Monitor implementation of AML related audit recommendations by internal/external auditors & regulators and ensure its timely and effective closure
Monitor timely submissions of various reports/returns/responses to RBI/FIU and other regulatory bodies as necessary
Oversee process documentation and compliance adherence
Measures of Success
Timely and accurate regulatory report preparation
Timely generation and dissemination of Alert Reports
