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.
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
Ensure compliance with all the KYC related regulatory reporting as per RBI
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
• Ensure gap analysis and compliance to Group guidelines seek deviation if any
• Act as an advisory role to BU for AML / KYC / Name screening related queries
• Handle Regulatory, Internal & Concurrent audit
• Ensure timely approvals to BU on onboarding / continuation of high-risk customer
• Support business teams in various digital initiatives and also provide appropriate support in terms of finding innovative solutions to challenges keeping in mind the need for ensuring compliance to guidelines and internal policies of the bank Acquire
• Support BUs in customer acquisition projects by providing timely and relevant guidance around aspects related to financial crime policies Engage Support BUs in customer engagement projects
• Responsible for drafting and circulating banks AML/KYC policy in line with RBI Master direction
• Timely review and refresh India specific process notes/ policies by including the recent changes and guiding the team(s) on the new changes
• Ensuring regulatory compliance in line with FIU directives and RBI KYC master directions
• Encourage drive and formulate process improvement ideas projects in the unit resulting productivity improvements
• Driving regional and in country automation processes related Transaction
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
Ensure compliance with all the KYC related regulatory reporting as per RBI
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
• Ensure gap analysis and compliance to Group guidelines seek deviation if any
• Act as an advisory role to BU for AML / KYC / Name screening related queries
• Handle Regulatory, Internal & Concurrent audit
• Ensure timely approvals to BU on onboarding / continuation of high-risk customer
• Support business teams in various digital initiatives and also provide appropriate support in terms of finding innovative solutions to challenges keeping in mind the need for ensuring compliance to guidelines and internal policies of the bank Acquire
• Support BUs in customer acquisition projects by providing timely and relevant guidance around aspects related to financial crime policies Engage Support BUs in customer engagement projects
• Responsible for drafting and circulating banks AML/KYC policy in line with RBI Master direction
• Timely review and refresh India specific process notes/ policies by including the recent changes and guiding the team(s) on the new changes
• Ensuring regulatory compliance in line with FIU directives and RBI KYC master directions
• Encourage drive and formulate process improvement ideas projects in the unit resulting productivity improvements
• Driving regional and in country automation processes related Transaction
💡 Quick Summary
Seeking a career-building opportunity? The Specialist| Anti|Money Laundering Advisory 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.