Job
Description
Key Responsibilities: conduct end-to-end due diligence on Transaction Monitoring alerts, including performing in-depth independent research to thoroughly assess and mitigate risks. Support the team responsible for performing transaction monitoring simulations by providing necessary data, insights, and analysis to enhance system robustness and identify gaps. Develop and continuously refine system rules for Transaction Monitoring to efficiently detect and interpret complex red flag indicators, ensuring proactive risk mitigation. Manage internal and external SLAs for alerts to maintain 100% compliance. Leverage advanced internal tools to track SLAs and establish robust controls for adherence. Gain and apply expertise in investigative tools such as Dow Jones, World-Check, and other relevant platforms to identify and address potential risks comprehensively. Identify, escalate, and resolve risks/issues with urgency, ensuring adherence to compliance timelines and protocols. Collaborate effectively with oversight teams, business partners, and key stakeholders to address identified gaps and implement long-term, sustainable solutions. Conduct Enhanced Due Diligence (EDD) on high-risk customers by leveraging risk categorization frameworks and ensuring detailed reporting. Maintain expertise in sanctions, Politically Exposed Persons (PEP) screening processes, and international compliance requirements to strengthen risk management capabilities. Design and maintain comprehensive dashboards for committees to provide real-time insights into key compliance metrics and emerging risks. Conduct periodic risk assessments to identify emerging threats, develop mitigation strategies, and ensure alignment with regulatory expectations. Provide comprehensive and well-documented audit information to internal and external auditors in a structured and organized manner. Ensure continuous improvement and effectiveness of the Compliance program by fostering a best-in-class compliance culture across the organization. Qualifications, Skills and Experience · A strong academic qualification such as CA, MBA, CAMS, or LLB is preferred. Prior experience in AML compliance will be considered an added advantage. Overall 6+ years of experience is required. · Sound understanding of global anti-money laundering trends, along with RBI-issued regulations applicable to commercial banks and payment operators, particularly in the context of AML/KYC compliance. · Self-motivated, dependable, and adaptable with strong attention to detail. Proven ability to work effectively both independently and within a collaborative team environment. · Familiarity with applicable laws, regulations, and enterprise-wide policies. Capable of interpreting and applying them in the context of local compliance standards. · Excellent collaborative skills to foster positive working relationships with peers, compliance counterparts, and business stakeholders. · Proficient in managing multiple stakeholders and providing timely guidance and support to business partners. · Exceptional verbal and written communication abilities, with the capacity to interact effectively with senior management. · Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint, to ensure effective documentation and reporting. Show more Show less
