• Develop, or oversee the development of the institution’s ML/FT/PF risk assessment.
• Establish and maintain appropriate AML/CFT policies, procedures, processes and controls.
• Ensure day-to-day compliance of the business against internal AML/CFT policies and procedures.
• Receive suspicious transaction alerts from employees and analyse them to take appropriate decisions to report all suspicious cases to the FIU.
• On-going monitoring of transactions to identify high-risk, unusual and suspicious customers/transactions, and ensuring that transaction monitoring systems are appropriate and functioning as designed.
• Submit Suspicious Transaction Reports (STRs), Suspicious Activity Reports (SAR) or other report types to the FIU in a timely manner.
• Cooperate with and provide the FIU with all information it requires for fulfilling their obligations.
• Develop and execute AML/CFT training programs considering all relevant risks of ML/FT/PF and financing illicit organizations including the ways/means for addressing them.

Skills

Minimum Educational Qualification Bachelor's degree 

Minimum 3 to 4 years of proven experience in AML & CFT Policies

Legal and moral Integrity

Good understanding of the relevant laws and regulations 

Confidence in handling data

Analytical thinking and ability

Good Communication skills in English and Hindi