Job Description
Skill required: Transaction risk management - Anti-Money Laundering (AML)
Designation: Management Level - Senior Analyst
Job Location: Bengaluru
Qualifications: Any Graduation
Years of Experience: 5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 6++,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do?
You will be aligned to our Financial Services, banking, Insurance, and Capital Market vertical which is focused on helping clients with their tax preparations, insurance coverage, and investment portfolios. You will be working as a part of the Transaction risk management team which focuses on reviewing potential fraudulent/high-risk transactions and take necessary action on customer accounts as per defined client policy. The team screens KYC documents as applicable and determines the authenticity of the customer profile while also investigating fraud claims from customers and take required actions on customer accounts as per client policies. The Anti Money Laundering team focuses on articulating the business requirements and implement the process and system controls required to prevent moving illegally acquired cash through an organization's financial systems. The role requires a good understanding of anti-money laundry laws and regulations, client on-boarding, sanction screening, remediation, periodical reviews, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
What are we looking for?
Ability to establish strong client relationship
Ability to handle disputes
Ability to perform under pressure
Commitment to quality Ensure internal compliance to Central Bank’s AML regulations and Banks AML policy by accurate analysis and investigation of RFIs adhering to the laid down procedures. To validate and provide feedback on RFIs which are being recommended for closure or SAR / Exit based on the investigation performed by the analysts in order to mitigate bank’s ML risk. Maintaining and providing of accurate MI as instructed on all aspects related to FCRM RFIs within the expected timelines. Undertaking any testing requirements on the AML or related systemsthat is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team. Review policy and procedure and provide feedback for any changes. Supervise the RFI team and guide them on cases to case basis to take appropriate action. Obtain opinion from Unit Manager for conclusion of complex RFIs, as applicable
Roles and Responsibilities
Ensure internal compliance to Central Bank’s AML regulations and Banks AML policy by accurate analysis and investigation of RFIs adhering to the laid down procedures. - To validate and provide feedback on RFIs which are being recommended for closure or SAR / Exit based on the investigation performed by the analysts in order to mitigate bank’s ML risk. - Maintaining and providing of accurate MI as instructed on all aspects related to FCRM RFIs within the expected timelines. - Undertaking any testing requirements on the AML or related systems that is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team. - Review policy and procedure and provide feedback for any changes. - Supervise the RFI team and guide them on cases to case basis to take appropriate action. - Obtain opinion from Unit Manager for conclusion of complex RFIs, as applicable. Meet TAT as agreed with stakeholders. - Monitoring and mitigating risk in a timely and effective manner whilst keeping Senior Management, Compliance fully informed of action taken and the outcomes. - Escalating issues to Senior Management, Compliance for information and necessary action. - Timely recommending and concluding potential Suspicious Transaction for SAR to be reported to Central Bank. - Investigation and resolution of such matters in a timely manner Ensure all ad-hoc requests from RFI Manager are met within the prescribed deadlines. -Co-ordinate with stakeholders related to any ongoing project deliverables Meet Quality levels as per standards laid down in TMU procedure manual. - Complete corrective actions for issues raised by QA unit
Any Graduation
Designation: Management Level - Senior Analyst
Job Location: Bengaluru
Qualifications: Any Graduation
Years of Experience: 5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 6++,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do?
You will be aligned to our Financial Services, banking, Insurance, and Capital Market vertical which is focused on helping clients with their tax preparations, insurance coverage, and investment portfolios. You will be working as a part of the Transaction risk management team which focuses on reviewing potential fraudulent/high-risk transactions and take necessary action on customer accounts as per defined client policy. The team screens KYC documents as applicable and determines the authenticity of the customer profile while also investigating fraud claims from customers and take required actions on customer accounts as per client policies. The Anti Money Laundering team focuses on articulating the business requirements and implement the process and system controls required to prevent moving illegally acquired cash through an organization's financial systems. The role requires a good understanding of anti-money laundry laws and regulations, client on-boarding, sanction screening, remediation, periodical reviews, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
What are we looking for?
Ability to establish strong client relationship
Ability to handle disputes
Ability to perform under pressure
Commitment to quality Ensure internal compliance to Central Bank’s AML regulations and Banks AML policy by accurate analysis and investigation of RFIs adhering to the laid down procedures. To validate and provide feedback on RFIs which are being recommended for closure or SAR / Exit based on the investigation performed by the analysts in order to mitigate bank’s ML risk. Maintaining and providing of accurate MI as instructed on all aspects related to FCRM RFIs within the expected timelines. Undertaking any testing requirements on the AML or related systemsthat is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team. Review policy and procedure and provide feedback for any changes. Supervise the RFI team and guide them on cases to case basis to take appropriate action. Obtain opinion from Unit Manager for conclusion of complex RFIs, as applicable
Roles and Responsibilities
Ensure internal compliance to Central Bank’s AML regulations and Banks AML policy by accurate analysis and investigation of RFIs adhering to the laid down procedures. - To validate and provide feedback on RFIs which are being recommended for closure or SAR / Exit based on the investigation performed by the analysts in order to mitigate bank’s ML risk. - Maintaining and providing of accurate MI as instructed on all aspects related to FCRM RFIs within the expected timelines. - Undertaking any testing requirements on the AML or related systems that is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team. - Review policy and procedure and provide feedback for any changes. - Supervise the RFI team and guide them on cases to case basis to take appropriate action. - Obtain opinion from Unit Manager for conclusion of complex RFIs, as applicable. Meet TAT as agreed with stakeholders. - Monitoring and mitigating risk in a timely and effective manner whilst keeping Senior Management, Compliance fully informed of action taken and the outcomes. - Escalating issues to Senior Management, Compliance for information and necessary action. - Timely recommending and concluding potential Suspicious Transaction for SAR to be reported to Central Bank. - Investigation and resolution of such matters in a timely manner Ensure all ad-hoc requests from RFI Manager are met within the prescribed deadlines. -Co-ordinate with stakeholders related to any ongoing project deliverables Meet Quality levels as per standards laid down in TMU procedure manual. - Complete corrective actions for issues raised by QA unit
Any Graduation
💡 Quick Summary
Seeking a career-building opportunity? The Bus Process Delivery Senior Analyst|Transaction risk management position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
