Job Description
Manager - AML/KYC-(WD43512) Job Purpose The job is to manage the Risk & Governance associated with KYC / AML for Institutional Banking Group. It also includes Data submission to regional office Regulatory Correspondence (RBI Audit – KYC AML), Concurrent Audit – (KYC AML), Implementation of new initiatives projects / initiatives. Key Accountabilities • KYC (AML/CFT) •Systems infrastructure • Handling of Audit (Regulatory and Concurrent audits queries pertaining to AML KYC) • Regulatory Engagement • Regulatory reporting / Remediation Exercises Job Duties & responsibilities § Audit & Regulatory Engagement for KYC/AML § Active engagement with internal/external auditors including Concurrent Audit, RBI. § KYC (AML/CFT) § IBG reporting for Tranche 1 & 1A for AML KYC § IBG monthly/Quarterly reporting on AML KYC § System Infrastructure queries/setup. § Assist RM's on KYC queries pertaining to client on-boarding. § Timely completion of client re-KYC and Monthly Risk Review § Track, Monitor regulatory items like IBG Deferrals, Negative Balances, i/w cheque returns, STR cases, weed-out activity § FATCA-CRS Compliance and Annual Reporting § Conduct monthly FEMA Task Force, facilitate resolution of issues, alerts and action points tracking for the monthly meeting § Represent IBG suitably in AMLOC/ RGG/ IMC or Group Forums as applicable § Transaction / AML alerts - Following up with concerned teams for closure of alerts. § Other IBG-COO Responsibilities: § Taking on additional projects as and when nominated by IBG COO / other BU heads in DBS India Required Experience 1. Operational Risk Management / Audit for IBG 2. Sufficient knowledge and experience of the Unit's business operations and processes 3. Understanding of regulations related to AML/KYC/CFT locally as well as for the group 4. Ability to provide balanced perspective between business expediency and risk & control 5. Ability to communicate effectively 6. Good Experience into MS Excel working. Education / Preferred Qualifications CA / MBA with 5-8 years of experience Core Competencies Analytical Skill Audit Self Motivated Strong Interpersonal skills Ability to carry out Senior Management interactions independently Work Relationship All Business Unit & Support Units, Legal, Compliance, Operational Risk, Credit and Operations. Additionally close coordination with group IBG COO office is required
💡 Quick Summary
Seeking a career-building opportunity? The Manager | AML|KYC position is now open for candidates interested in the Bank Jobs sector. This role in Maharashtra 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.
