Job Location: Mumbai (All Areas)
Roles and Responsibilities
Oversee the transaction monitoring team, including training, hiring coaching and managing staff
– Work with Square Compliance leads to provide strategic planning on team growth, organizational structure, focus areas, and quarterly goals
– Develop and maintain policies as well as procedures applicable to the team; including iterating on existing workflows to improve and add efficiency
– Work with other Compliance team members to develop technical specifications for tool enhancements or new tool build-out
– Understand regulatory landscape and compliance requirements; with emphasis on applicable BSA/AML requirements that include customer identification procedure, due diligence best practice, and anti-money laundering protocols
– Maintain up-to-date knowledge on regulatory changes and landscape
– Provide guidance and insight on merchant account analysis, including handling account escalations from junior team members
– Ongoing monitoring and review of the transactional activity for the existing customers and to report STRs to FIU India.
– Sharing Data and Mis to management on a daily basis and adherence to SLA.
– Develop strong work relationship with stakeholders and ensure open communication, transparency and expectation managed appropriately at all times.
– Preparation of modules on topics related to compliance including code of conduct guidelines and regulations.
Qualifications –
20+ years in a compliance and/or compliance operations role with a financial services firm, preferably in the payment or banking industry- Management experience leading teams in a dynamic and expeditious setting
– Extensive knowledge and expertise of AML regulations, risks and typologies
– Strong operational knowledge in executing and running a sound Compliance program, preferably with hands-on knowledge of MSB and relevant regulatory requirements
– Proven ability to work with in a fast-paced creative environment
– An independent executor who can perform flawlessly
– CAMS certification preferred
Desired Candidate Profile
Fraud Management (Prevention & Investigation – Financial Crimes)
Risk Management/Portfolio Management
Strategic Planning
Process Reviews & Improvements Compliances &Governance
Management Reporting
Business Analyst
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