Job Description
Job description
Your Role and Responsibilities
As a Senior Manager, you will support the Banking Financial Crime Process Operations assigned & ensure conformance of quality standards and all required SLAs and Client requirements as required to meet the business objectives. Provide guidance, support, and mentorship to team members. Role will require coordination with client & IBM stakeholders, documentation & maintenance of Process Documents, Root cause analysis action plan framing & implementation to drive client satisfaction on overall operations processing.
Responsibilities:Keep abreast of changes in regulations and ensure timely implementation of necessary adjustments.Conduct regular audits and reviews to ensure adherence to compliance standards.Ensure high quality standards are maintained by reviewing EDD cases for accuracy and completeness identifying any discrepancies or red flags, providing feedback to analysts and collaborating with stakeholders to enhance process and controls.Conduct root cause analysis on errors or issues, participate in compliance reviews and contribute to development of training materials for analysts. Ensuring effective feedback is passed to the analyst on timely basis.Will be responsible for complying with the Bank Secrecy Act(BSA) requirements to prevent, detect, and deter money laundering and terrorist financing.The responsibilities include KYC Review, expanded customer's transaction review upto 24 months, Due Diligence Research on accounts and parties involved, Prior SAR/CTR filing review, and a decision to close with no risk or recommend the filing of a Suspicious Activity Reporting accompanied by a thorough analysis narrative.Analyze transaction data to identify red flags for possible suspicious activity.Efficient gathering and reviewing of new client information available externally or sourced via outreach process, as well not limited to monitoring financial transactions for existing clients to identify suspicious activities.Required Technical and Professional Expertise
Anti Money Laundering, Enhanced Due Diligence, KYC & Transaction Monitoring Expertise of minimum 8 yearsAnalyze transaction data to identify red flags for possible suspicious activity.Strong written and oral communication skills.Client partnership & Collaboration skills.Business Communication Presentation SkillsPreferred Technical and Professional Expertise
Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.Knowledge of various AML regulations including the USA PATRIOT ACT, the Bank Secrecy Act and OFAC
Role: Risk Management & Compliance - Other,Industry Type: IT Services & Consulting,Department: Risk Management & Compliance,Employment Type: Full Time, PermanentRole Category: Risk Management & Compliance - OtherEducationUG: Any GraduatePG: Any PostgraduateKey SkillsSkills highlighted with ‘‘ are preferred keyskillspresentation skillsmoney launderingkycenhanced due diligencecommunication skillsrisk complianceamlrisk managementanti money launderingcompliance managementroot cause analysisinternal auditoperationscompliancefraudwriting
Your Role and Responsibilities
As a Senior Manager, you will support the Banking Financial Crime Process Operations assigned & ensure conformance of quality standards and all required SLAs and Client requirements as required to meet the business objectives. Provide guidance, support, and mentorship to team members. Role will require coordination with client & IBM stakeholders, documentation & maintenance of Process Documents, Root cause analysis action plan framing & implementation to drive client satisfaction on overall operations processing.
Responsibilities:Keep abreast of changes in regulations and ensure timely implementation of necessary adjustments.Conduct regular audits and reviews to ensure adherence to compliance standards.Ensure high quality standards are maintained by reviewing EDD cases for accuracy and completeness identifying any discrepancies or red flags, providing feedback to analysts and collaborating with stakeholders to enhance process and controls.Conduct root cause analysis on errors or issues, participate in compliance reviews and contribute to development of training materials for analysts. Ensuring effective feedback is passed to the analyst on timely basis.Will be responsible for complying with the Bank Secrecy Act(BSA) requirements to prevent, detect, and deter money laundering and terrorist financing.The responsibilities include KYC Review, expanded customer's transaction review upto 24 months, Due Diligence Research on accounts and parties involved, Prior SAR/CTR filing review, and a decision to close with no risk or recommend the filing of a Suspicious Activity Reporting accompanied by a thorough analysis narrative.Analyze transaction data to identify red flags for possible suspicious activity.Efficient gathering and reviewing of new client information available externally or sourced via outreach process, as well not limited to monitoring financial transactions for existing clients to identify suspicious activities.Required Technical and Professional Expertise
Anti Money Laundering, Enhanced Due Diligence, KYC & Transaction Monitoring Expertise of minimum 8 yearsAnalyze transaction data to identify red flags for possible suspicious activity.Strong written and oral communication skills.Client partnership & Collaboration skills.Business Communication Presentation SkillsPreferred Technical and Professional Expertise
Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.Knowledge of various AML regulations including the USA PATRIOT ACT, the Bank Secrecy Act and OFAC
Role: Risk Management & Compliance - Other,Industry Type: IT Services & Consulting,Department: Risk Management & Compliance,Employment Type: Full Time, PermanentRole Category: Risk Management & Compliance - OtherEducationUG: Any GraduatePG: Any PostgraduateKey SkillsSkills highlighted with ‘‘ are preferred keyskillspresentation skillsmoney launderingkycenhanced due diligencecommunication skillsrisk complianceamlrisk managementanti money launderingcompliance managementroot cause analysisinternal auditoperationscompliancefraudwriting
💡 Quick Summary
Seeking a career-building opportunity? The Senior Manager | Risk and Compliance position is now open for candidates interested in the Work from home Jobs sector. This role in Karnataka 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 Work from home Jobs is a plus.
