Job Description
Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose
Effective monitoring of alerts generated as part of the KYC / AML Surveillance process. Work closely with stakeholders to ensure appropriate monitoring and reporting and also assist in overall management of KYC / AML related processes.
Key Accountabilities
AML Alert / Surveillance:
Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank. Review / Analyze the alert and ensure timely and effective disposition of the alerts.
Work closely with stakeholders on AML /KYC /Sanctions related items
Work closely with stakeholders including operations, business, compliance, legal, audit and other units on AML / KYC related items
Providing Support / Assistance For Other AML /KYC Requirements
Providing support on various requirements like updation of watch lists / caution lists, filing of regulatory reports (STR/CTR/NTR/FMR reporting)etc
Assistance to other adhoc AML/KYC related activities
Regulatory Reporting
Strong understanding of filing regulatory reportings viz. STR’s, CTR, NTR, CWTR.
Audit & Compliance
Assist the department in audit / compliance related activities. Ensure compliance to all policies and procedures laid down by the bank
Job Duties And Responsibilities
• Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank
• Review / Analyze the alert and ensure timely and effective disposition of the alerts
• Prepare the GoS for filing of STR’s
• Regulatory Reportings like STR, CTR, NTR, CWTR
• Preparation of MIS for Trend Analysis, Escalation, Review, etc
• Any job assigned pertaining to the unit
• Giving advisory on Sanction and KYC matters to BU/SU
• Preparing adhoc presentations or MIS as per management routine
Experience
3-8 years of experience in AML / compliance monitoring / Regulatory Reporting
Good analytical and communication skills.
Education/Preferred Qualifications
Graduate/ Post Graduate and post qualification experience in AML /KYC / Compliance Monitoring
Certifications if any – JAIIB, CAIIB, any certifications on KYC-AML.
Core Competencies
Strong analytical and surveillance skills, in depth understanding of AML risks, knowledge of KYC and Customer Due Diligence, Project management, Team handling.
Technical Competencies
Strong proficiency in MS Excel (Macros and Pivots), MS Access, MS Word. Basic usage of MS Powerpoint.
Work Relationship:-
• Able to work closely with team members within FCSS & Legal Compliance unit
• Ability to work closely with stakeholders including business, operations and other units to manage KYC / AML risks effectively
• Ability to communicate effectively and should possess good presentation skills
Job Purpose
Effective monitoring of alerts generated as part of the KYC / AML Surveillance process. Work closely with stakeholders to ensure appropriate monitoring and reporting and also assist in overall management of KYC / AML related processes.
Key Accountabilities
AML Alert / Surveillance:
Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank. Review / Analyze the alert and ensure timely and effective disposition of the alerts.
Work closely with stakeholders on AML /KYC /Sanctions related items
Work closely with stakeholders including operations, business, compliance, legal, audit and other units on AML / KYC related items
Providing Support / Assistance For Other AML /KYC Requirements
Providing support on various requirements like updation of watch lists / caution lists, filing of regulatory reports (STR/CTR/NTR/FMR reporting)etc
Assistance to other adhoc AML/KYC related activities
Regulatory Reporting
Strong understanding of filing regulatory reportings viz. STR’s, CTR, NTR, CWTR.
Audit & Compliance
Assist the department in audit / compliance related activities. Ensure compliance to all policies and procedures laid down by the bank
Job Duties And Responsibilities
• Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank
• Review / Analyze the alert and ensure timely and effective disposition of the alerts
• Prepare the GoS for filing of STR’s
• Regulatory Reportings like STR, CTR, NTR, CWTR
• Preparation of MIS for Trend Analysis, Escalation, Review, etc
• Any job assigned pertaining to the unit
• Giving advisory on Sanction and KYC matters to BU/SU
• Preparing adhoc presentations or MIS as per management routine
Experience
3-8 years of experience in AML / compliance monitoring / Regulatory Reporting
Good analytical and communication skills.
Education/Preferred Qualifications
Graduate/ Post Graduate and post qualification experience in AML /KYC / Compliance Monitoring
Certifications if any – JAIIB, CAIIB, any certifications on KYC-AML.
Core Competencies
Strong analytical and surveillance skills, in depth understanding of AML risks, knowledge of KYC and Customer Due Diligence, Project management, Team handling.
Technical Competencies
Strong proficiency in MS Excel (Macros and Pivots), MS Access, MS Word. Basic usage of MS Powerpoint.
Work Relationship:-
• Able to work closely with team members within FCSS & Legal Compliance unit
• Ability to work closely with stakeholders including business, operations and other units to manage KYC / AML risks effectively
• Ability to communicate effectively and should possess good presentation skills
💡 Quick Summary
Seeking a career-building opportunity? The KYC AML Monitoring 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.
