Unit Manager - Compliance

Job description

Job Summary The prospective candidate shall handle work related to: • Analysis of AML transaction monitoring alerts generated through monitoring systems. • Review of closed AML alerts to identify quality issues, trends, and emerging ML/TF risks. • Preparation of periodic MIS, dashboards, and management reports. • Identification of unusual customer behavior, suspicious patterns, and monitoring gaps. • Data extraction, validation, and analytical review of alert populations. • Tracking closure quality and TAT adherence for AML investigations. • Coordination with business, operations, fraud risk, and technology teams for alert-related information. Duties and Responsibilities • Conduct sample-based and thematic review of closed AML alerts to assess quality and consistency of investigations. • Perform analytical review of AML transaction monitoring alerts and identify unusual trends. • Prepare periodic MIS on alert volumes, productivity, closure trends, backlogs, and exceptions. • Assist in monitoring compliance with internal AML/CFT policies, RBI guidelines, and PMLA requirements. • Support preparation of regulatory submissions, audit requirements. • Analyze large datasets using Excel and other analytical tools to identify risk patterns. • Escalate significant deficiencies, suspicious trends, and process gaps to reporting manager. • Maintain documentation and audit trail of analytical reviews performed. • Support development of dashboards and key risk indicators relating to AML monitoring. Key Decisions / Dimensions • Identification and escalation of unusual alert trends and potential monitoring gaps. • Selection of samples for quality review of closed AML alerts. • Highlighting exceptions requiring management attention. • Recommending process improvements and analytical enhancements in transaction monitoring controls. Major Challenges • Managing and analyzing large volumes of AML alerts and investigation data. • Identifying meaningful risk indicators amidst high volumes of false-positive alerts. • Ensuring consistency in review of alerts across multiple products and customer segments. • Understanding evolving AML typologies, regulatory expectations, and risk indicators. • Coordinating with multiple stakeholders for data gathering and validation. Required Qualifications and Experience Skills • Basic understanding of RBI KYC Directions, PMLA, AML/CFT requirements, and transaction monitoring concepts. • Strong analytical and problem-solving skills. • Good knowledge of MS Excel, PowerPoint, and data analysis techniques. • Ability to work with large datasets and generate meaningful insights. • Good written and verbal communication skills. • Attention to detail and investigative mindset. • Ability to work independently and manage multiple assignments. • Knowledge of AML systems, transaction monitoring tools, SQL, Power BI, or data analytics tools will be an added advantage. Qualifications • Graduate / Post-graduate in Commerce, Finance, Management, Statistics, Economics, or related discipline. • Professional certifications in AML/KYC, Financial Crime Compliance, or Data Analytics will be an added advantage. Work Experience • 1 to 3 years of experience in Operations, AML Operations, KYC, RCU, Risk Analytics, Internal Audit, or related functions. • Freshers with strong analytical aptitude and interest in AML/KYC may also be considered. • Prior exposure to transaction monitoring alerts, AML investigations, MIS preparation, or data analytics would be preferred.