Senior Manager - AML / KYC Compliance

Saraswat Bank · India

Position Summary

The Senior Manager/Manager of AML/KYC Operations is a critical role within the bank's compliance framework. This role drives the execution of the Bank's anti-money laundering and counter-terrorist financing strategy. You will oversee Transaction Monitoring, Periodic RFI review and Regulatory reporting. The ideal candidate will be part of high-performing teams, fortifies internal controls, and interfaces directly with senior stakeholders and regulatory bodies. You will ensure operational excellence while balancing business growth with flawless compliance.

Key Responsibilities

• Oversee the alert management lifecycle to detect patterns of Money Laundering, Identification of Money Mule accounts, Trade-based money laundering (TBML), etc.
• Timely and accurate filing of Suspicious Transaction Reports (STRs), CTRs, NTR and CCR.
• Formulate typologies, case studies, and internal risk assessment models to proactively mitigate emerging financial crime threats.
• Mentor team as per metrics and processing note.
• Conduct regulatory training programs for business units, corporate banking, and retail branches.
• Align bank policies with evolving RBI Master Directions, PMLA guidelines, and FIU-IND directives.

Education & Experience

• Bachelor’s degree in Banking, Finance, Law, or a related field. Master's degree or MBA is preferred.
• Minimum 7–9 years in AML/KYC compliance within Indian banking, with at least 3 years in a middle-management role.
• Certified Anti-Money Laundering Specialist (CAMS) or Indian Institute of Banking and Finance (IIBF) AML/KYC certification is highly desirable.
• Hands-on experience with screening systems (LexisNexis, World-Check) and specialized transaction monitoring architecture.
• Sharp analytical acumen, and strong articulation skills for regulatory reporting.

Reports To: Principal Officer - AML