Anti-Money Laundering Officer

Purpose of the Job:

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

Deliverables:

- 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 FIU/RBI regulations.

Demonstrate:

- Result-oriented with ability to complete tasks within the timelines defined by the Regulator.

- In-depth knowledge on PMLA including FINGate.

- Analytical and problem solving abilities.

- Excellent communication skills.

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

Decision Level:

- Closure and Recommendations on AML alerts.

- Conduct trainings on RBI Compliances.

- Process Improvement Plans.

- Reporting and presentations on noncompliances.

- Documentation on AML procedures.

- Coordinate with other Control functions.

Education:

- Post Graduate preferably in Banking related courses.

Working Experience:

- 7 - 15 years in Banking Industry.