Specialist, Transaction Surveillance

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 routine9

Experience

4-6 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 (List the technical knowledge and skills required for this position.)

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

Primary Location

India-Tamil Nadu-Corporate Office, Chennai-eLVB

Job

Compliance

Schedule

Regular

Job Type

Full-time

Job Posting

May 25, 2023, 11:11:28 AM