Asst Manager

2 weeks ago


Mumbai, Maharashtra, India Riverforest Connections Private Limited Full time

Job Description

1. To review alerts generated in SAS AML system or monitoring through exception reports generated.
2. To analyse transactions vis-a-vis customer profile and establish bonafides of the transaction or identify as suspicious.
3. To update in the SAS AML system and/or maintain records with reasonably non-arbitrary justification for closure of false positive alerts / false positive transactions.
4. To liase with branches / operations / product teams for clarifications on the alerts and/ or report based monitoring.
5. To ensure timely review of alerts converted to cases, framing of Ground of Suspicion (GOS) and submission of cases to Team Leader for approval.
6. Maintenance of data / records referred during analysis / closure of alerts and transaction monitoring either in physical or softcopy for future reference.
7. To maintain task tracker for self. plan, prioritize and regularly monitor important & priority assignments and track progress.
8. To read newspaper / internet for current affairs related to individuals / entities involved in criminal or money laundering or terrorist activities and trigger caution if any of these individuals / entities are customer of the bank
9. To keep self, updated with all regulatory guidelines and key developments in AML domain and appear for mandatory AML courses as determined from time to time
10. To ensure improvements and value additions to current processes and gaps identified in the existing processes
11. To ensure participation in special assignments

The job also includes (assignments based) filing of regulatory return, handling regulatory queries, customer risk profiling, etc.

Must be flexible to shifts

Skills Required

AML;Sanction;Anti Money Laundering;Banking

Location - Mumbai/Chennai


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