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Role description JOB DESCRIPTION APosition Overview Position Title Senior Manager & Manager Compliance Department Compliance Level/ Band Senior Manager & Manager Compliance Count 2 Locations Lower Parel, Peninsula Business Park, Mumbai Role Summary: . Implementation of AML/CFT Guidelines/Regulations issued by the regulator and ensuring compliance. . Implementation of Revised Red Flag Indicator & reporting format issued by FIU-Ind and ensure compliance. . Developing and enhancing controls within processes, systems to adhere to regulatory directions. . Preparation of AML Policy in line with the Regulatory requirement and update it regularly depending upon Regulatory changes or any other relevant factors. . Ensuring compliance to AML Policy. . Setting up processes for categorization of customer into High and Low Risk through various control mechanism such as AML Risk Grids, and market study etc. . Analyzing, monitoring, disposition of s and transaction. . Preparation of ground of suspicion and filing of Reports under new FINnet 2.0 portal with the relevant Authority post approval from the Principal Officer. . Filing of Monthly and Annual Statutory returns: o Cash Transaction Report (CTR) o Counterfeit Currency Report (CCR) o Non-Profit Organization Transaction Report (NTR) o Suspicious Transaction Report (STR). . Perform Product Risk Assessment for risk categorization of product. . Preparing the AML Training content and ensuring all new, existing Employees and Agents are trained on AML. . Screening of Customers, Agents etc. on ongoing basis and identifying reportable transactions. . Conduct open-source search to find relevant information to complete the analysis and review. . Reviewing Politically Exposed Person (PEP) - High Risk case before issuance of the policy. . Circulating the FATF identified countries list to the relevant stakeholders and ensure compliance. . Regular communication on AML/CFT regulation/policy to all Employees through emailer or other mode. . Advisory on AML queries raised/opinion received from Regulator, Company Sales and Operations functions. . Monthly and Annual review conducted to check adherence of AML Risk Grid, AML policy and sharing of observation. . Filing of Annual Compliance Certificate with the local regulator. . Presenting Monthly, Quarterly and Annual status update to Senior Management. . Liaison with Auditors, FIU-Ind and IRDAI if required. BOrganizational Relationships Reports To AVP- Compliance Supervises Same as above CJob Dimensions Geographic Area Covered Mumbai Internal Stakeholders All functions of the Company External FIU-Ind and IRDAI DKey Result Areas Organization Process Key Contributions Sales . Establish AML Risk Grid for various channel with relevant Board approvals. . Ensuring effective implementation of AML/KYC process in various operational and business process. . Establishment of awareness and training program on AML/KYC norms. . Provide well researched legal advice to business within prescribed timelines. Relationship Management . Establishment of effective communication mechanism on Compliance culture, AML & KYC norms as per Annual Ethics Communication plan. . Liaison with IRDAI & FIU-Ind to resolve business issues. Ensure Compliance . Effective Implementation of AML/KYC regulations and statutes on regular basis. . Review of AML Policy, AML processes, SOPs, Framework, regulatory impact on processes and recommend changes. . Ensuring building of appropriate control mechanism within processes, systems to ensure that regulations are adhered to. . Ensuring appropriate reporting of suspicious transaction cases on a regular basis. . Enhancement of Software and technology for generation of s and reporting. . Respond to queries raised on any issues pertaining to AML/CFT guidelines and rules. . No significant outage or adverse remarks from IRDAI / GIA. MIS . Maintaining Monthly, Quarterly and Annual filling MIS. ESkills Required Technical . Regulatory Requirements: knowledge and understanding of Red Flag Indicator and revised reporting format issued by FIU-Ind & AML Master Guidelines issued by IRDAI and how to meet these on a day-to-day basis. . Analytical Thinking and Judgment: Ability to reach decisions by using the information systematically ability to interpret complex concepts and cause and effect relationships. . Company & Industry Know How: knowledge and understanding of the organization & industry. . Drafting & Documentation Skills: Good Documentation skills for record maintenance . Negotiation Skills: Effectively exploring alternatives to reach outcomes that gain the support and acceptance of all parties. . Subject Matter Expertise: Has complete domain knowledge. . Connecting with Others: Ability to effectively bring together diverse teams to jointly create results Behavioral . Essential Desired Interpersonal skills Communication skills Creative thinking skills Supervising/Leadership skills Teamwork Skills Influencing skills Relationship Building skills Decision making skills . High levels of flexibility, adaptability to manage long hours, working under strict timelines to reach deadlines. FIncumbent Characteristics Essential Desired Qualification Graduate & above Professional Degree (CA, CS) Experience 6-8 years of experience in AML Compliance Age Any

Role description JOB DESCRIPTION APosition Overview Position Title Senior Manager & Manager Compliance Department Compliance Level/ Band Senior Manager & Manager Compliance Count 2 Locations Lower Parel, Peninsula Business Park, Mumbai Role Summary: . Implementation of AML/CFT Guidelines/Regulations issued by the regulator and ensuring compliance. . Implementation of Revised Red Flag Indicator & reporting format issued by FIU-Ind and ensure compliance. . Developing and enhancing controls within processes, systems to adhere to regulatory directions. . Preparation of AML Policy in line with the Regulatory requirement and update it regularly depending upon Regulatory changes or any other relevant factors. . Ensuring compliance to AML Policy. . Setting up processes for categorization of customer into High and Low Risk through various control mechanism such as AML Risk Grids, and market study etc. . Analyzing, monitoring, disposition of s and transaction. . Preparation of ground of suspicion and filing of Reports under new FINnet 2.0 portal with the relevant Authority post approval from the Principal Officer. . Filing of Monthly and Annual Statutory returns: o Cash Transaction Report (CTR) o Counterfeit Currency Report (CCR) o Non-Profit Organization Transaction Report (NTR) o Suspicious Transaction Report (STR). . Perform Product Risk Assessment for risk categorization of product. . Preparing the AML Training content and ensuring all new, existing Employees and Agents are trained on AML. . Screening of Customers, Agents etc. on ongoing basis and identifying reportable transactions. . Conduct open-source search to find relevant information to complete the analysis and review. . Reviewing Politically Exposed Person (PEP) - High Risk case before issuance of the policy. . Circulating the FATF identified countries list to the relevant stakeholders and ensure compliance. . Regular communication on AML/CFT regulation/policy to all Employees through emailer or other mode. . Advisory on AML queries raised/opinion received from Regulator, Company Sales and Operations functions. . Monthly and Annual review conducted to check adherence of AML Risk Grid, AML policy and sharing of observation. . Filing of Annual Compliance Certificate with the local regulator. . Presenting Monthly, Quarterly and Annual status update to Senior Management. . Liaison with Auditors, FIU-Ind and IRDAI if required. BOrganizational Relationships Reports To AVP- Compliance Supervises Same as above CJob Dimensions Geographic Area Covered Mumbai Internal Stakeholders All functions of the Company External FIU-Ind and IRDAI DKey Result Areas Organization Process Key Contributions Sales . Establish AML Risk Grid for various channel with relevant Board approvals. . Ensuring effective implementation of AML/KYC process in various operational and business process. . Establishment of awareness and training program on AML/KYC norms. . Provide well researched legal advice to business within prescribed timelines. Relationship Management . Establishment of effective communication mechanism on Compliance culture, AML & KYC norms as per Annual Ethics Communication plan. . Liaison with IRDAI & FIU-Ind to resolve business issues. Ensure Compliance . Effective Implementation of AML/KYC regulations and statutes on regular basis. . Review of AML Policy, AML processes, SOPs, Framework, regulatory impact on processes and recommend changes. . Ensuring building of appropriate control mechanism within processes, systems to ensure that regulations are adhered to. . Ensuring appropriate reporting of suspicious transaction cases on a regular basis. . Enhancement of Software and technology for generation of s and reporting. . Respond to queries raised on any issues pertaining to AML/CFT guidelines and rules. . No significant outage or adverse remarks from IRDAI / GIA. MIS . Maintaining Monthly, Quarterly and Annual filling MIS. ESkills Required Technical . Regulatory Requirements: knowledge and understanding of Red Flag Indicator and revised reporting format issued by FIU-Ind & AML Master Guidelines issued by IRDAI and how to meet these on a day-to-day basis. . Analytical Thinking and Judgment: Ability to reach decisions by using the information systematically ability to interpret complex concepts and cause and effect relationships. . Company & Industry Know How: knowledge and understanding of the organization & industry. . Drafting & Documentation Skills: Good Documentation skills for record maintenance . Negotiation Skills: Effectively exploring alternatives to reach outcomes that gain the support and acceptance of all parties. . Subject Matter Expertise: Has complete domain knowledge. . Connecting with Others: Ability to effectively bring together diverse teams to jointly create results Behavioral . Essential Desired Interpersonal skills Communication skills Creative thinking skills Supervising/Leadership skills Teamwork Skills Influencing skills Relationship Building skills Decision making skills . High levels of flexibility, adaptability to manage long hours, working under strict timelines to reach deadlines. FIncumbent Characteristics Essential Desired Qualification Graduate & above Professional Degree (CA, CS) Experience 6-8 years of experience in AML Compliance Age Any