Anti-Money Laundering Manager

Mashreq · India

Job Purpose

• Review and analyze the alerts triggered in SAS as per the AML SOP within the stipulated TATs.
• Escalate the cases to Investigation Team as deemed necessary and/or as per the AML SOP within the stipulated TATs.
• Assist the AML Investigation Team by providing a complete quality analysis for the reviewed cases at the analysis stage.
• Highlight any key Financial Crimes risk throughout the review and analysis of customers’ account to the senior management.
• Ensure zero tolerance in RCSA, QA and Internal Audit observations and timely response with proper documentation and reasoning.
• Highlight and ensure implementation of new technology requirement to improve work efficiency in timely manner.
• Support the Top management/ MLRO / Delegate in Regulatory Relationship Management
• Optimize the TM Alert Management process.
• Involve in Project with will Optimize the TM Alert Management process.

Key Responsibility Areas:

• Ensure that the daily target of cases closures and quality of review is met without fail.
• Monitor SAS AML System and conduct appropriate reviews to facilitate closure of alerts or further investigation/reporting.
• Highlight any Compliance Policy breaches, Financial Crimes concerns or suspicions to Line Manager.
• Conduct AML enquiries/ investigations upon directives received from the Manager Compliance/delegates on an on-going basis.
• Handle referrals received from business units as per the bank’s policy, ensuring no breach of the applicable process guidelines.
• Ensure that all the RCSA, QA and IA observations are timely responded.
• Manage the Internal issues and maintain all record.
• Highlight technology gaps and initiate / fix / modify / the same with the help of cross function teams.
• Complete and ensure the Team completes all mandatory eLearning trainings and face to face trainings on time without fail.

Record keeping:

• All analysis records must be maintained in SAS and shared drive.
• Adhere to record retention policy and the SOP guidelines.

Knowledge, Skills and Experience

• Graduate with 10 years of AML Transactions Monitoring.
• CAMS Certified/other recognized certification is a plus.
• Market knowledge of IT tools/ software used for AML monitoring system.
• Good knowledge and understanding of local AML/CFT rules and legislation, and international best-practices/requirements.
• Organizational awareness including working knowledge or risks, products, processes and controls.
• Computer literate with good knowledge of MS Excel and Business Object (BO) reports.
• Good command over spoken and written English.
• Team player and leader, good communication and inter-personal skills.
• Adherer to timelines and ability to work under pressure.
• Customer Centric/Focus.
• Attention to details & quality.
• Analytical thinking and problem solving.