About the Team:
The department responsibilities include screening of Merchants as per the regulatory guidelines and against the internal negative lists maintained, ongoing monitoring and review of the transactional activity for the existing customers and to report STRs to FIU India.
About the Role:
We are seeking a dynamic and experienced Senior Manager - AML to lead our Anti-Money Laundering AML) team.
The ideal candidate will have a strong background in financial crime prevention, regulatory compliance, and risk management, with the ability to develop and execute strategies to mitigate risk and ensure compliance with relevant regulations.
This role will be responsible for overseeing the day-to-day operations of the AML and RiskOps function, ensuring compliance with AML/CFT regulations, identifying emerging risks, and implementing effective risk management practices across the organization.
Responsibilities:
- Leadership & Strategy: Lead the AML team, providing strategic direction, coaching, and development to ensure the team is high-performing and capable of addressing complex risk and compliance challenges.
- AML & CFT Compliance: Ensure adherence to Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations and guidelines. Lead efforts to enhance policies and procedures to meet evolving regulatory requirements.
- Risk Management: Design, implement, and manage risk management frameworks and controls across various business units. Identify emerging risks and develop strategies to mitigate them effectively.
- Regulatory Reporting: Ensure timely and accurate filing of Suspicious Activity Reports (SARs), Currency Transaction Reports (CTRs), and other regulatory filings as required by local and international authorities.
- Stakeholder Management: Collaborate with internal and external stakeholders, including regulators, auditors, and senior leadership, to ensure alignment on compliance and risk mitigation efforts.
- Transaction Monitoring: Oversee transaction monitoring and screening processes, ensuring robust systems and processes to detect and report suspicious activities.
- Training & Awareness: Lead the development of training programs on AML and risk management to educate employees on regulatory requirements and best practices.
- Continuous Improvement: Stay updated on industry trends, regulatory changes, and best practices in AML and RiskOps, and drive continuous improvement in processes and controls.
Requirements:
- 8+ years of relevant experience in AML, Risk Operations, Compliance, or related roles in the financial services industry, with a minimum of 3-4 years in a leadership role.
- bachelors or masters degree in Finance, Business, Law, or related field.
- Deep understanding of AML regulations, financial crime prevention, and risk management practices. Familiarity with global regulatory environments, including FATF guidelines.
- Strong leadership and team management skills.
- Excellent analytical and problem-solving abilities.
- Strong communication and stakeholder management skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
- CAMS (Certified Anti-Money Laundering Specialist) or equivalent certification is highly desirable.
What we offer?
- A positive, get-things-done workplace
- A dynamic, constantly evolving space (change is par for the course important you are comfortable with this)
- An inclusive environment that ensures we listen to a diverse range of voices when making decisions.
- Ability to learn cutting edge concepts and innovation in an agile start-up environment with a global scale
- Access to 5000+ training courses accessible anytime/anywhere to support your growth and development (Corporate with top learning partners like Harvard, Coursera, Udacity)
