Job Description
Job Description:
Job Title – Associate - AFC Testing – Transaction Monitoring Officer
Location - Bangalore
This specialized role entails the implementation of a Control & Assurance framework to assess the quality of the Transaction Monitoring function in the 2nd LOD of the Bank
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child-care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
The role's key responsibility is to participate in the design and implementation of a globally consistent AFC Testing and Quality Assurance (QA) framework to assure that TM controls are robust and correctly executed across the bank. You will report to the TMI QA Lead, in terms of guidance and authority and is guided by him/her in terms of strategic issues, compliance, etc. However, you should be able to independently interact with Internal/External parties and is expected to be aware of the changes in the regulation.
Your key responsibilities will be to:
• Support the QA Team Lead in DBOI and the APAC Head of AFC QA and Testing or designate to implement a globally consistent TM QA Program;
• Ensure that QA is performed in compliance with the relevant policy, procedures, and testing standards;
• Interactions with key stakeholders across the business and collaborating with other teams as required;
• Prepare reports and MI which are concise, timely and provide value to business and management to continuously improve TM controls and mitigate risks;
• Compiling reports and trend analysis in preparation for discussion with key Stakeholders, identifying key issues and areas for improvement;
• Working in coordination with the AFC Testing & QA teams in hub locations, for any coordination of the TM Quality Assurance program;
• Maintain the AFC TM QA approach and methodology consistent and up-to-date;
• Keeping abreast of all regulatory developments which may impact monitoring requirement;
• Assist on projects as required
Your skills and experience
• Experience working in financial crimes in a financial institution;
• Experience with Transaction Monitoring systems (e.g. Actimize, Mantas etc), analysis of data flows from core banking system to TM systems, alert investigation and SAR Filing processes;
• Basic understanding about alert optimization, calibration and tuning of transaction monitoring system thresholds;
• Understanding and application of relevant AML & KYC regulations and legislation will be given preference (including but not limited to; the German AML Act, the German Banking Act, 3rd AML EU Directive, 4th AML EU Directive, US BSA and other supporting regulations worldwide);
• Basic knowledge of international
Job Title – Associate - AFC Testing – Transaction Monitoring Officer
Location - Bangalore
This specialized role entails the implementation of a Control & Assurance framework to assess the quality of the Transaction Monitoring function in the 2nd LOD of the Bank
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child-care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
The role's key responsibility is to participate in the design and implementation of a globally consistent AFC Testing and Quality Assurance (QA) framework to assure that TM controls are robust and correctly executed across the bank. You will report to the TMI QA Lead, in terms of guidance and authority and is guided by him/her in terms of strategic issues, compliance, etc. However, you should be able to independently interact with Internal/External parties and is expected to be aware of the changes in the regulation.
Your key responsibilities will be to:
• Support the QA Team Lead in DBOI and the APAC Head of AFC QA and Testing or designate to implement a globally consistent TM QA Program;
• Ensure that QA is performed in compliance with the relevant policy, procedures, and testing standards;
• Interactions with key stakeholders across the business and collaborating with other teams as required;
• Prepare reports and MI which are concise, timely and provide value to business and management to continuously improve TM controls and mitigate risks;
• Compiling reports and trend analysis in preparation for discussion with key Stakeholders, identifying key issues and areas for improvement;
• Working in coordination with the AFC Testing & QA teams in hub locations, for any coordination of the TM Quality Assurance program;
• Maintain the AFC TM QA approach and methodology consistent and up-to-date;
• Keeping abreast of all regulatory developments which may impact monitoring requirement;
• Assist on projects as required
Your skills and experience
• Experience working in financial crimes in a financial institution;
• Experience with Transaction Monitoring systems (e.g. Actimize, Mantas etc), analysis of data flows from core banking system to TM systems, alert investigation and SAR Filing processes;
• Basic understanding about alert optimization, calibration and tuning of transaction monitoring system thresholds;
• Understanding and application of relevant AML & KYC regulations and legislation will be given preference (including but not limited to; the German AML Act, the German Banking Act, 3rd AML EU Directive, 4th AML EU Directive, US BSA and other supporting regulations worldwide);
• Basic knowledge of international
💡 Quick Summary
Seeking a career-building opportunity? The TM Quality Assurance Officer|1 position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru 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.
