Anti-Money Laundering Manager

The AML/CFT Manager plays a crucial role in developing, implementing, and managing anti-money laundering (AML) and counter financing of terrorism (CFT) policies and procedures to ensure compliance with relevant laws and regulations. This position involves conducting risk assessments, monitoring transactions for suspicious activity, and providing training to staff on AML/CFT practices. The manager collaborates with regulatory bodies, conducts internal audits, and ensures that the organization maintains a robust compliance framework. Additionally, the AML/CFT Manager analyzes data to identify trends and recommends improvements to enhance the organization's AML/CFT program. In this role, you will ensure compliance with all applicable laws, rules, and regulations governing the industry, such as RBI and FIU-IND requirements. You will oversee the implementation and monitoring of compliance AML frameworks, policies, and procedures while developing internal controls to minimize AML compliance risks and breaches. Collaborating with senior leadership to implement the company's objectives and interacting with cross-functional teams to ensure seamless business operations will be crucial aspects of your responsibilities. You will be responsible for ensuring that the day-to-day operations of the business adhere to internal policies and external regulatory requirements. Reviewing and approving major AML operational decisions, ensuring they align with the company's objectives and compliance standards, and optimizing the use of resources to maintain cost-effective and efficient business operations will be part of your operational oversight. Developing training programs to ensure all staff members are aware of AML compliance and regulatory requirements, keeping the team updated on changes in regulatory frameworks, and ensuring ongoing education for AML compliance-related matters are essential for the role. Establishing and maintaining positive relationships with regulators, representing the company in meetings, discussions, and negotiations with external stakeholders will also be key responsibilities. To qualify for this position, you should hold a Masters or Bachelors degree in law, Finance, Business Administration, or a related field. A minimum of 7-10 years of experience in an AML role, preferably in compliance, governance, or risk management, is required. Experience in managing interactions with regulatory bodies such as RBI, FIU-IND, and a proven track record in implementing compliance programs and leading operational improvements are essential. Strong knowledge of the Indian regulatory landscape and industry-specific requirements, excellent leadership, decision-making, and problem-solving skills, as well as strong communication, interpersonal, and negotiation abilities, are necessary for success in this role. Proficiency in AML compliance software and tools will also be beneficial.,