Job Description
Role Responsibilities Overall Job Purpose Lead the AML CDD, operations to support end-to-end client onboarding, including the performance of CDD reviews during onboarding, periodic or even trigger to mitigate the sanctions, money laundering, client tax compliance risks as per global and local regulations, whiling aspiring to deliver superior client experience through digitization and process streamlining for Consumer, Private and Business Banking (CPBB) segment for INDIA. Strategy Appraise and contribute to the development of the Bank&rsquos strategic plans. E2E ownership of the client onboarding journey to drive AMLCDD quality, client experience and operational efficiency, with an aspiration to deliver the best consumer digital onboarding experience. Align the AML CDD risk and liabilities onboarding operations strategy of the function with business strategy and risk appetite and oversee its execution. Effectively deliver the strategic initiatives on digital onboarding and embedding new technologies for eKYC and faster TAT. Embed principles of Right Shoring as part of the operational strategy including the following: Oversight and supervision of the Centre of excellence Proper documentation of implementation plan and process, oversight of timeliness and quality of activities performed at the Centre of excellence Review of Key risk indicators and assessment of Residual Risk Training of staff at Centre of excellence on processes and regulatory requirements Ongoing dialogue with country regulatory compliance, environment scan for any new regulatory consultations/ directives, completion of a gap analysis/ business impact assessment and implementation to comply with such consultations/ guidance or directives. Interface with Country Business and COE for any escalations, remediations Support to strengthen the Organisation&rsquos risk culture and accountability and help reinforce the defence line up. Embed innovation, digitisation and New ways of working by defining and actioning future state operating model. Business Define the strategic intent and agenda for the AML CDD operations. Communicate to the Business the strategic intent and collective agenda for the Function. Provide information, guidance, best practice and expertise to ensure that the team&rsquos operations align with the business strategy Maintain and develop AML CDD capabilities and skills to meet ongoing business needs and plans awareness and understanding of the wider business, economic and market environment in which the Group operates. Ensure the AML CDD Risk Management framework is effectively embedded and communicated across the business segments and lending products. Develop effective AML CDD risk management strategies and timely deploy these strategies across products and channels Processes Lead the efforts to develop, deploy and optimize country AML CDD strategy and processes. Develop a robust capacity planning, regular MI reporting and policy governance framework to support CPBB Business Good understanding of Group AML CDD Policy and Process Standards, ICDD/eCDD/GNS
💡 Quick Summary
Seeking a career-building opportunity? The Head| CDD| Onboarding| CPBB INDIA position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
