AML Officer

Hi Candidates , We are hiring for the below requirement. Job Description
Title AML Officer
Department AML and Compliance
Classification Full-Time, Staff
Location Mumbai, India AML & CFT Operations
· Manage end-to-end AML operations, including guiding the operations team on
KYC, CDD, updating policies and procedures in line with regulatory changes,
and training employees.
· Perform effective sanction screening and transaction monitoring on everyday
transactions. Perform EDD wherever required.
· Update the sanctions screening list and TBML verification process based on
regulatory requirements.
Regulatory and Management reporting
· Prepare and submit regulatory reports, particularly STRs, CBWTRs, etc., to
FIU-India and KYC-AML quarterly reporting to RBI.
· Submit monthly report to management.
· Submit all ad-hoc reporting to regulators and management.
· Support other departments in the preparation and submission of returns
wherever KYC-related data is required to be submitted.
Risk Assessment
· Support CAMLO in conducting enterprise-wide Annual AML CFT Risk
Assessment.
· Conduct a half-yearly risk rating review of customers.
· Conduct AML and Sanction screening system logic and threshold review on a
periodic basis and raise a modification request for effective monitoring
Compliance and Governance
· Preparation of documents and supporting data for the AML Committee review.
· Checking the regulatory updates on a daily basis and implementing the same
through internal process.
· Handle employee training and certification of operating staff regarding the latest
process changes and regulatory updates.
Manage other tasks assigned by the CAMLO and the management. Qualifications
· 5-8 years of AML experience in the banking sector; experience working at a
foreign bank in India is highly preferred.
· Bachelor's degree.
· Strong understanding of the regulatory environment, particularly FIU-India,
RBI, DGFT, etc.
· AML certification from IIBF, ARIFAC etc.
· ACAMS / ACFCS certifications will be considered favorable.
· Fluent in spoken and written English and Hindi/Marathi.
· High integrity and strict confidentiality.
experience8

A client of Randstad India

Back to blog

Other Jobs To Apply

No other job posts for this day.

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...