Unit Manager - Operations And Service/Senior Unit Manager

Job Purpose- The role is a critical element of organizations defense against money laundering, terrorist financing and fraud.

• Responsible for analyzing and reporting of Transaction alerts generated for operations.
• Identification and Implementation of improvement areas as prescribed by Regulatory bodies such as RBI, and FIU-IND and other AML Compliance initiative. Duties and Responsibilities- Conducting detailed and thorough investigation of cases/alerts in accordance with internal policies, process and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)
• Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)
• Good domain knowledge of BFL product, processes and systems like Pennant, Miles, Finacle,CRM
• Identification of improvement areas in regard to regulatory mandates and Product constructs
• Actionizing of improvement areas identified in coordination with PMO, IT, Compliance, and COE teams
• Support in developing and implementing an effective compliance program related to KYC / AML to meet the regulatory expectations of the authorities, e.g. RBI, on a regular basis
• Preparation of SOP in accordance with Compliance requirements
• Identification of practices across different processes and systems and their impact on transactions from an AML perspective
• Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)
• Identification and timely escalation of potentially suspicious transactions for further investigation Required Qualifications and Experience- Graduate Degree, five years plus of experience in the lending business.
• Understanding of Financial Crime Policies Documentations, knowledge of banking terminologies, Onboarding/Compliance/AML/KYC experience.
• Ability to interpret Regulatory requirements
• Applicant should be well versed with various MS Excel, MS Power-point and working knowledge of SQL preferred
• Ability to work independently and accomplish the task assigned
• Collaborative work style to engage with peers colleagues in other functions across the company
• High motivational levels and a self-starter.
• Should possess the below skill sets: - Strong Analytical skills, Good written and verbal communication, Good Interpersonal Skills, Influencing skills