Job Purpose
The role is a critical element of organizations defense against money laundering, terrorist financing and fraud.Responsible for Reviewing, analyzing, disposing AML transaction monitoring alertsIdentification and Implementation of improvement areas as prescribed by Regulatory bodies such as RBI, and FIU-IND and other AML Compliance initiative.Duties and ResponsibilitiesEnsure timely review, analyse and disposition of AML alertsConducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)Knowledge of KYC/ML/CDD/EDD/Sanctions/PEP Screening/Knowledge of SAR/STR process, desirable.Handling team of analysts and providing support and guidance Mentor team members, provide training on AML best practices, and foster a culture of compliance and data-driven decision-makingEnsure strong documentation and adherence to regulatory requirementsPrepare detailed reports, dashboards, and presentations on AML findings, ensuring clear communication of complex data to stakeholders and senior management.Identification of improvement areas in regard to regulatory mandates and Product constructsProject management experience including system upgrades, workflow transformation, and cross-team coordinationSupport in developing and implementing an effective compliance program related to KYC / AML to meet the regulatory expectations of the authorities, e.g. RBI, on a regular basis Preparation of SOP in accordance with Compliance requirementsEnsure adherence to SOP and timely incorporation of changes if anyIdentification of practices across different processes and systems and their impact on transactions from an AML perspectiveAbility to work on multiple projects on involving usage of AI / ML / RPARequired Qualifications and ExperiencePost Graduate Degree, six to eight years plus of experience in the lending business / Bank.Working knowledge of AML monitoring systems and case management tools.Familiarity with AML/CFT regulations and typologies (FATF, FIU-IND)Good domain knowledge of BFL products, processes and systemsExcellent verbal and written communication skills for reporting and stakeholder engagement. Demonstrated leadership abilities to guide teams, influence decisions, and drive initiatives.Ability to perform statistical analysis, interpret complex data, and make evidence-based recommendations under tight deadlines.Understanding of Financial Crime Policies Documentations, knowledge of banking terminologies, Onboarding/Compliance/AML/KYC experience.Ability to interpret Regulatory requirements Applicant should possess advanced skills in MS Excel, MS Power-point and working knowledge of SQL preferredAbility to manage and meet SLAs in high-volume environments.Ability to work independently and accomplish the task assigned Auditing, risk assessment, and compliance testing to ensure accuracy and regulatory alignment.
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