Compliance:AML Reporting and Process Improvements - Team Lead

About the role

It ensures strict observance of all statutory provisions in various legislations such as Banking Regulation Act, Foreign Exchange Management Act, Prevention of Money Laundering Act, Reserve Bank of India Act, etc. as well as the regulatory guidelines issued from time to time, the standards and codes prescribed by BCSBI, FEDAI, FIMMDA, etc. and also the Bank�s internal policies and fair practice code About the Role The AML Reporting and Process Improvements team is responsible for AML regulatory…

What you'll do

• Responsible for AML regulatory reporting, AML Process improvements, managing AML Audits, Risk Categorization, Process documentation, Risk and Control Matrix
• Responsible for framing of rules/logic/thresholds for AML scenarios or AML transaction monitoring scenarios
• Responsible for risk categorization of customers - onboarding and periodic risk
• Responsible for formulation of rules for name screening in RAMP application and optimization of rules for reduction of false positives
• Ensure Risk and Controls are updated and monitored through each AML processes

What you need

• 15–20 yrs of experience
• AML
• Reporting
• Compliance
• Excel
• KYC
• Audit
• Any graduate

Good to have

• SOP writing