AVP - Analytics - Compliance/AML

The incumbent for this role is expected to

- Facilitate the creation and establishment of an analytics practice for the Compliance function to support and manage core aspects of strategy and systems control in relation to the financial crime compliance and regulatory compliance.

- Create sustainable processes around various analytics solutions and MI environment that will help senior stakeholders in taking strategic and tactical decisions to address the changing dynamics of the compliance space

- Support the Group Compliance Analytics leader; Partner with senior stakeholders in the various departments of the compliance functions to identify the short, medium term and long term challenges.

- Prepare roadmap for providing solutions that meet these requirements; establish the team required to execute the vision; monitor progress and participate in executive meetings to share progress on continuous basis

- Leverage internal resources and facilitate a closed loop analytics environment that can support on-going custom and ad-hoc requests and endeavours for conducting R&D/ conceptual design to support proactive decision making.

- Partner with stakeholders from Businesses and Regions to identify new opportunities and deliver results; Generate Business Partner confidence and work on obtaining further investment from business

- Ensure adherence with all the applicable compliance policies (Data security policy, AML, operational risk, Functional manual, Group Compliance Manual, Audit recommendations, Internal Control requirements, regulatory guidelines etc.) and business standards of Organization as applicable. Take timely action on Audit comments and be able to demonstrate compliance with Internal controls

- Create required systems for hiring exceptional talent, motivating team members, providing opportunities for skill enhancements, cross training of resources, etc.

Skill Requirements:

- Master’s degree in Statistics, Mathematics, Economics on any other quantitative discipline

- 11+ years of experience of working in Analytics for BFSI domain. Prior experience of Operations Analytics/ Collections Analytics/ Risk Analytics domain would be strongly preferred.

- Knowledge of Compliance concepts like AML/OFAC, Client screening, FCPA etc will be preferred

- Knowledge of analytical solutions and industry best practices

- Prior exposure to major vendors in AML space like Norkom, Detica, Actimize etc

- Proven track record in communicating complex ideas.

- Strong analytical thought process and aptitude for problem solving.

- Experience of working with Data visualization tools

- Solid track record of managing highly skilled teams working on variety of analytical solutions

- Strong lateral leadership skills

- Should be adept in using MS Office.