AML Officer

The incumbent will be responsible to ensure that Bank complies with AML regulations and provides necessary support to the Compliance function in monitoring of transactions.

• Closure of alerts with respect to AML
• Recommending STRs on cases fit for STR filing
• To do various transaction monitoring activities
• Preparation and Updation of data for FIU reporting
• Suggesting AML process improvement plans to eliminate gaps
  
  

Ensuring that the Bank complies with RBI regulations and provides necessary support to the Compliance function.

• Team player and result-oriented
• In-depth knowledge on PMLA
• Analytical and problem solving abilities
• Excellent communication skills
  
  

Hands on MS-Excel; SQL would be an added advantage

Prime: Final Decision Making authority, accountable to the Management

• Closure of AML alerts
• Conduct trainings on RBI Compliances
• Process Improvement Plans
• Reporting and presentations on non- compliances
  
  

Shared: Decisions reached jointly with peers on a collective basis

• Documentation on AML procedures
• Coordinate with internal auditor
  
  

Contributory: Makes a major contribution to a decision or policy judgment reached by others

Guidance to staff and various team members on AML related issues