Vice President, AML Surveillance Operations, Legal Compliance & Secretariat

Job Purpose

The Head of AML Surveillance Operations position is a holistic role covering various aspects of AML/CFT transaction monitoring and reporting, ensure compliance with the regulatory and reporting aspects of FIU-IND and RBI KYC Directions. The candidate will independently manage the Bank's AML/CFT Transaction Surveillance unit and report to the Senior Vice President, Head of AML/KYC and Transaction Surveillance.

Key Responsibilities

• Lead and strengthen the Bank's Transaction Surveillance function from AML/CFT perspective, by driving effective monitoring, regulatory compliance and strategic transformation initiatives
• Ensure robust detection, investigation, and reporting of suspicious activity from AML/CFT perspective
• Delivering key surveillance system enhancements, automation and risk mitigation projects
• Stay abreast of regulatory requirements, FIU-IND guidance/advisories and industry best practices and implement appropriate measures to optimize alert generation (reduce false positives), which ensuring regular rule review/testing requirements
• Provide subject matter expertise and guidance to the wider organization on AML/CFT transaction monitoring and surveillance-related matters
• Drive change agenda and develop team of analysts for effective AML/CFT risk management

Required Qualification / Skills

• At least 5 years experience in AML/CFT transaction monitoring, surveillance, or compliance within the financial services industry
• Strong understanding of regulatory requirements including FIU-IND advisories and industry best practices
• Proficient in data analysis, risk assessment and use of surveillance and investigation tools
• Analyze large volume of data points, identifying issues and recommend solutions
• Superior judgment, diplomacy, and tact, with a willingness to speak up amid adversity
• Excellent communication skills and ability to build rapport with both internal and external stakeholders. Open to learning new skills and industry developments.
• Proven track record in driving process improvements
• Added advantage is specialised certification / qualification is available in the Financial Crime / AML aspects.