AML Team Lead_ Banking

Role & responsibilities

• Handling the team of AML Transaction Monitoring and Suspicious Transaction Reporting. Alerts review shall include review of customer profile, transaction pattern, financials, & ancillary information obtained through public and private sources to identify potential money laundering patterns.
• Drafting and / or review of Grounds of Suspicion and taking such cases to logical closure including filing of STR with FIU-IND.
• Ensuring high reporting standards to FIU India in terms of quality of STRs and identification and submission of P1 STRs as well as typology reports.
• Ensure 100% process compliance, robust internal control across the unit and product coverage through review of products / services from AML / CFT perspective at the time of implementation as well as periodic renewals.
• Good knowledge of complex customer types.
• Work closely with the product / business teams to ensure smooth day to day functioning.
• Provide inputs on processes to improve the system performance, rule optimization etc.

Liaising with internal (branches / BCU / product teams) and external (FIU / RBI / auditors / vendors / peer banks) stakeholders for various requirements, on need basis

Skills Required

AML transaction monitoring, suspicious transaction reporting, STR filing, FIU compliance, money laundering detection, customer profile analysis