Manager - Anti Money Laundering - Housing Finance

Manager - AML (Anti Money Laundering) - Top Housing Finance company

Function - Compliance

Reporting to - MLRO

Job Summary :

Responsible for monitoring Anti Money Laundering (AML) framework and Know Your Customer (KYC) Compliance

Role and Responsibilities :

- Monitoring transaction pattern of the customer with respect to AML to identify outliers triggering suspicious transactions.

- Anchoring Enhance Due Diligence (EDD) and logical closures of outliers and suspicious transactions.

- Analyzing the transaction with the customer's profile to ascertain if transactions are in line with customer's profile.

- Review of transactions vis-a-vis do's and don'ts laid down in policies to identify process improvement if any.

- Formulating and periodically reviewing the KYC/AML & CFT Policies/ process notes/ operating guidelines in line with the applicable regulatory guidelines.

- Dissemination of relevant regulatory guidelines to business groups in timely manner and ensuring implementation of same.

- Liaising with the regulatory/enforcement authorities on KYC/AML matters/ handling queries received on AML/KYC aspects.

- Submission of periodic reports to various Committees/ senior management including the adequacy of the systems and controls for managing ML risks and for recommending any changes or improvements, as necessary.

- Review and approve all products/services to ensure compliance with KYC/AML & policies and procedures.

- Ensure that AML controls are put in place before any new product is launched.

- Instituting and conducting AML training programme at the Company.

- Review and submission of all reports required to be submitted to regulatory/law enforcement authorities.

- Ensuring system development/implementation for AML/KYC/CKYC requirements.

Preferred Skills :

- Eye for details and good learning acumen.

- Good analytical, communication and interpersonal skills.

- Good working knowledge of MS Office (Word, Excel, PowerPoint etc.)

- Zeal to succeed and must win attitude.

- Must haves for the role: Understanding of NBFC/ HFC/Banking policies and procedures (primarily asset products) with in depth knowledge of AML reporting activity to FIU-IND.

Preferred candidates from Bank/ NBFC.

Qualification - B.Com + Certification in AML from IIBF

(Post graduation either M.Com or MBA Finance preferred but not desired )