Regulatory Control Analyst 6-8yrs position in Bangalore,Karnataka

Title: Regulatory Control Analyst

Location: Bangalore

• Experience range: 6-8 years
• Open to considering fresher candidates: No
• Open to considering relocation/ non-local candidates: No
• Maximum monthly CTC (Excluding service fees and GST): INR 66,666 INR 83,333 (8 to 10 LPA)
• Contract duration: 6 months
• Shift timings: UK hrs
• Number of days work from office: 3
• Preference of hiring only diversity candidates: Preferred but not mandatory

The External Monitoring Group (EMG) is an independent Level 1 control function performing counterparty surveillance across the Bank. Located within Financial Crime Risk & Controls, EMG is closely aligned with front office whilst maintaining segregation to perform a review and challenge control reviewing the Trade Behaviour Monitoring Alerts (TBM). This function needs to be performed in order to ensure the Bank meets its regulatory targets related to the Continuous Monitoring of clients. Youll be working on an industry leading anomaly detection platform that uses innovative solutions involving Artificial Intelligence (AI) and Machine Learning (ML). The principal purpose of the role is to leverage your strong product knowledge to conduct analysis of Corporate and Investment Bank product transactions, manage risk cases covering investigation and follow up within the defined timeframes.

• Perform investigations of alerts and review Business submissions and escalate to other control functions per defined process.
• Identify opportunities for improving data quality, reducing noise and false positives reported by the tooling in partnership with Technology teams.
• Process ad-hoc support for requests from Business, the Control functions for granular information and reports relating to Trading behaviour / activity.
• Lead global projects in the surveillance space.
• Operations is responsible for driving the planning and the day-to-day management of the business to align with the bank's mission and strategic goals.
• Operations set the direction and manage performance to bank targets with a focus on continual performance improvement.
• Work includes:
  • Identifying and prioritizing product and service improvement opportunities and creating plans for implementation.
  • Utilising comprehensive knowledge of the company's internal operations to develop forward-looking focus for business.
  • Supporting bank strategy, proactively identifying and managing areas of risk.
  • Maintaining relationships with relevant internal and external stakeholders including regulators, market vendors and internal divisions.
  • Communicating changes to operational requirements and their impact on relevant processes and controls.

• A minimum 6 years of experience in financial crime investigations, AML (Anti-Money Laundering), Transaction Monitoring, overseeing suspicious activity, having Investment Banking and/or Corporate Banking product knowledge.
• Knowledge of Investment Banking like Derivatives products of Rates, Equity, FX etc., and Corporate Banking like Cash, Trade Finance, Security Services etc., is an add on experience.
• Hands-on experience in working in a core RTB environment handling high volumes and meeting aggressive deadlines.
• Strong collaboration skills, attention to detail and pro-active ability to work on change programs (providing requirements, testing, being agile etc.).
• Strong risk management capabilities and excellent understanding of the controls relating to the complete trade life cycle.
• An ability to work independently to solve business problems, an inquisitive nature, a willingness to ask questions and challenge, ability to work in fast-paced environment.
• Collaborate with different teams and guide and mentor more junior team members.
• Excellent communication skills in English language with good proficiency with tools like MS Excel, MS Power Point, Analytical skills and attention to detail, with the ability to think laterally around issues, proposing solutions where required.