Team Member - AML-SUPPORT SERVICES-Compliance

Job role - Team Member -AML Cell - Compliance

As an Anti-Money Laundering (AML) team member you would be responsible for identifying and monitoring transactions in the accounts as per the PMLA provisions, KYC / AML / CFT guidelines issued by RBI from time to time. The role involves other key activities like :

• Analysis of red flags / alerts generated by AML system to identify potential suspicious activity.
• Analysis of unusual pattern of transactions based on various scenario defined in the system
• Forward AML alerts to branches / respective businesses for carrying out enhanced due diligence and follow-up for ultimate closure of the alerts
• Timely reporting of suspicious transactions and execution of instructions from law enforcement agencies
• Updation of names in negative database as and when applicable
• Preparation and filing of CTR / CCR / NTR / STR / CBWTR Reports to FIU India within prescribed time frame.
• Maintain current understanding of money laundering / terrorist financing issues including processes, policies, procedures, regulations and developing trends.
• Assist in identifying systemic procedural weakness and additional training requirements / process revisit if any.

Job Requirements -

Skills Required

Kyc, Aml