VP/AVP - Trade Based Money Laundering

Job Role & descriptions - 

Monitoring of cross border trade transaction from AML perspective.

The job will involve review of AML - TBML alerts. This would involve review of customer profile, transaction pattern, site visitation reports, financials, transaction documents & ancillary information obtained through public and private sources to identify potential money laundering activities.

The job will also entail taking such cases to logical closure including filing of STR with FIU

Key components of the job

a) Creating scenarios/alerts/parameters for ongoing AML monitoring of trade finance transactions

b) Review of TBML alerts for identification for any suspicious activity

c) Engagement with Business, Product, Operations to establish potential TBML activity

d) Filing of STR with FIU for suspicious cases

e) Training to front end to prevent TBML instances

Key skills required :-

a) Knowledge of trade finance & FEMA guidelines

b) Experience in trade AML, trade operations, trade product or audit function

c) Experience in monitoring framework - AML/Audit/ Fraud risk

d) Eye for details and good learning acumen

e) Good analytical, communication (verbal and written) skills & inter personal skills.