Job Description

Associate Director in the banking domain, with expertise in AML, JRP, Financial Transaction, and Settlement Reconciliation, plays a strategic leadership role in overseeing key functions and ensuring compliance. Here's an overview of the roles and responsibilities:



Roles and Responsibilities

1. Strategic Leadership:

Develop and implement strategic plans to ensure compliance with AML regulations, efficient financial transactions, and accurate settlement reconciliation.

2. AML Oversight:

Oversee AML processes, ensuring compliance with regulations and laws, and implementing effective risk management practices.

3. Financial Transaction Management:

Manage financial transactions, ensuring accuracy, efficiency, and compliance with regulations.

4. Settlement Reconciliation:

Oversee settlement reconciliation processes, ensuring accuracy and efficiency.

5. Risk Management:

Identify and mitigate potential risks, ensuring compliance with regulations and laws.

6. Team Management:

Manage and develop teams, providing guidance, coaching, and feedback.



7. Manage P&L for the business



Experience Needed

1. Banking Experience:

Typically 10-15 years of experience in the banking industry, with expertise in AML, financial transactions, and settlement reconciliation.

2. AML Expertise:

Strong knowledge of AML regulations, laws, and processes, with experience in implementing effective risk management practices.

3. Financial Transaction Experience:

Experience in managing financial transactions, ensuring accuracy, efficiency, and compliance with regulations.

4. Settlement Reconciliation Experience:

Experience in overseeing settlement reconciliation processes, ensuring accuracy and efficiency.

5. Leadership Skills:

Proven leadership skills, with experience in managing teams and motivating staff.

6. Analytical Skills:

Strong analytical skills, with ability to identify and mitigate potential risks.



Typical Background

1. Banking Industry:

Strong background in the banking industry, with experience in areas such as risk management, operations, or customer experience.

2. UG/PG Degree/MBA or Professional Certification:

Advanced degree, such as an MBA, or professional certification, such as CFA or FRM.