Job Description

Monitoring transaction pattern of the customer with respect to AML to identify outliers triggering suspicious transactions.
Anchoring Enhance Due Diligence (EDD) and logical closures of outliers and suspicious transactions.
Analyzing the transaction with the customers profile to ascertain if transactions are in line with customers profile.
Review of transactions vis--vis dos and don'ts laid down in policies to identify process improvement if any.
Formulating and periodically reviewing the KYC/AML & CFT Policies/ process notes/ operating guidelines in line with the applicable regulatory guidelines.
Dissemination of relevant regulatory guidelines to business groups in timely manner and ensuring implementation of same.
Liaising with the regulatory/enforcement authorities on KYC/AML matters/ handling queries received on AML/KYC aspects.
Submission of periodic reports to various Committees/ senior management including the adequacy of the systems and controls for managing ML risks and for recommending any changes or improvements, as necessary.
Review and approve all products/services to ensure compliance with KYC/AML & policies and procedures.
Ensure that AML controls are put in place before any new product is launched.
Key Skills: MLRO
AML
KYC
Transaction Monitoring
Compliance
Location: Mumbai
Required Experience: 5-12 yrs
Positions: 1
Contact Person: Mamta Chauhan
Email ID: mamta.chauhan@v-konnect.com