About the company
SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.
SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.
Join us to shape the future of digital payment in India and unlock your full potential.
What’s in it for YOU
- SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
- Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
- Dynamic, Inclusive and Diverse team culture
- Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
- Commitment to the overall development of an employee through comprehensive learning & development framework
Role Purpose
Manage a team of analysts for conducting watchlist screening of applicants and monitoring daily transactions to identify potential Money Laundering/Terrorist financing activities and report them for suitable remedial action.
Role Accountability
- Resolve system generated AML alerts as per agreed SLAs and ensure 100% monitoring coverage of all watchlists/suspicious transactions
- Follow Standard Operating Procedure for wing to wing closure of an alert including Alert Review, Updation of Comments, Alert Allocation, Resolve an alert, Report updation for watchlist screening process
- Create, Analyze and closely monitor the suspicious transaction trends, processes, customer behavior patterns, platform gaps and ensuring required process improvements are implemented
- Perform risk categorization of all corporate and retail customers on a periodic basis as mandated by RBI
- Perform monitoring for high value refund cases to spot potential money laundering intent and share findings with the AML lead for remediation
- Ensure implementation of digitization/process enhancement initiatives by participating in BRD preparation, UAT and sign off
- Generate and publish Alert Reports with relevant stakeholders as per the business agreed frequency
- Ensure timely preparation of regulatory reports for regulatory filing (STR, NTR, CTR, CBWT)
- Ensure appropriate resource availability for seamless completion of periodic DR drills
Measures of Success
- Timely closure of daily alerts
- Alert report publication as per agreed frequency
- Timely and accurate regulatory report preparation
- No adverse observations in internal/external audits
- Timely and accurate MIS/business dashboard preparation
- Process adherence as per MOU
Technical Skills / Experience / Certifications
- Knowledge of AML processes & tools (World check/SAS/Actimize/Livingston etc.)
- Knowledge of interpreting Dow Jones watchlist & news from an AML standpoint
- IIBF/CAMS/CFCS/CAMI Certification
Competencies critical to the role
Qualification
Graduation in any discipline
Preferred Industry
FSI
