Unit Manager - Operations And Service/Senior Unit Manager

Job description

**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