Hiring For AML/Transaction Monitoring Associate - Gurugram

Financial Crime Prevention & Detection

Monitor transactions and activities to identify suspicious behavior related to money laundering, fraud, bribery, corruption, terrorist financing, and other financial crimes.

Analyze alerts and investigate potential financial crime cases using internal systems and external databases.

Escalate and report suspicious activities to relevant authorities in compliance with legal and regulatory requirements.

2. Risk Assessment & Mitigation

Conduct risk assessments related to financial crime exposure for clients, products, and business units.

Identify vulnerabilities and recommend controls to mitigate financial crime risks.

Support the development and implementation of risk-based policies and procedures.

3. Compliance & Regulatory Adherence

Ensure adherence to local and international regulations such as AML (Anti-Money Laundering), KYC (Know Your Customer), sanctions, and fraud prevention standards.

Keep abreast of changes in financial crime laws, regulations, and industry best practices.

Assist in preparing regulatory filings and responses to audits or examinations.

4. Transaction Monitoring & Reporting

Oversee the transaction monitoring process to detect anomalies or suspicious patterns.

Prepare and submit Suspicious Activity Reports (SARs) or equivalent to regulatory bodies.

Maintain accurate records of investigations and reporting for audit trails.

5. Stakeholder Collaboration

Work closely with internal teams such as compliance, legal, finance, and operations to ensure cohesive financial crime risk management.

Liaise with external agencies, regulators, law enforcement, and auditors as required.

Provide training and awareness sessions to staff on financial crime risks and compliance requirements.

6. Policy & Procedure Development

Assist in developing and updating anti-financial crime policies, procedures, and controls.

Participate in the design and enhancement of the financial crime risk framework.

7. Data Analysis & Reporting

Utilize data analytics tools to monitor and identify emerging financial crime risks and trends.

Prepare regular reports and dashboards for senior management highlighting key risk indicators and incidents.

8. Incident Management & Investigation

Lead or support investigations into suspected financial crime incidents.

Document findings, provide recommendations, and support remediation efforts.

• Job Posting Title : Sr. Specialist - R&C - Financial Crime & Risk Management 4C

Job Description : Financial Crime Prevention & Detection

Monitor transactions and activities to identify suspicious behavior related to money laundering, fraud, bribery, corruption, terrorist financing, and other financial crimes.

Analyze alerts and investigate potential financial crime cases using internal systems and external databases.

Escalate and report suspicious activities to relevant authorities in compliance with legal and regulatory requirements.

2. Risk Assessment & Mitigation

Conduct risk assessments related to financial crime exposure for clients, products, and business units.

Identify vulnerabilities and recommend controls to mitigate financial crime risks.

Support the development and implementation of risk-based policies and procedures.

3. Compliance & Regulatory Adherence

Ensure adherence to local and international regulations such as AML (Anti-Money Laundering), KYC (Know Your Customer), sanctions, and fraud prevention standards.

Keep abreast of changes in financial crime laws, regulations, and industry best practices.

Assist in preparing regulatory filings and responses to audits or examinations.

4. Transaction Monitoring & Reporting

Oversee the transaction monitoring process to detect anomalies or suspicious patterns.

Prepare and submit Suspicious Activity Reports (SARs) or equivalent to regulatory bodies.

Maintain accurate records of investigations and reporting for audit trails.

5. Stakeholder Collaboration

Work closely with internal teams such as compliance, legal, finance, and operations to ensure cohesive financial crime risk management.

Liaise with external agencies, regulators, law enforcement, and auditors as required.

Provide training and awareness sessions to staff on financial crime risks and compliance requirements.

6. Policy & Procedure Development

Assist in developing and updating anti-financial crime policies, procedures, and controls.

Participate in the design and enhancement of the financial crime risk framework.

7. Data Analysis & Reporting

Utilize data analytics tools to monitor and identify emerging financial crime risks and trends.

Prepare regular reports and dashboards for senior management highlighting key risk indicators and incidents.

8. Incident Management & Investigation

Lead or support investigations into suspected financial crime incidents.