Legal Job Description

This position is responsible in assisting and coordinating on implementation of AML program, doing research work on AML/CFT regulatory interpretation and regulations, review of customer transactions, ensuring timely regulatory filings, driving employee trainings and various other AML processes.

No. Of Openings1
Grade5  
DesignationExecutive – Compliance  
KEY RESPONSIBILITIES

· Ensuring efficient identification and monitoring of suspicious activities/transactions via AML Software as well as manual reports/cases highlighted to AML team and timely filing to FIU-India post approval from Principal Compliance Officer

· Ensuring timely screening of customers/Employees/Agents etc against banned entities (UN Sanction, Al Qaida, OFAC) at on-boarding and payout stages

· Assist in Creating a structured, customized (Online) AML training program for all new joiners every month and conducting refresher training once a year for all Max Life employees. Also assisting the supervisor with class room session on AML Program

·  Assist in Conducting periodic AML audits across all relevant functions of the organization, to check adherence to the laid out processes in accordance to the AML framework

· Fostering a compliant culture in the organization by continuous reiteration on AML requirements by driving a structured awareness campaign across the organization

· Assisting in formulation and dissemination of the AML Policy as well as AML SOPs subject to changes in guidelines issued by FIU and IRDA from time to time.

· Ensuring adequate implementation and adherence of AML Processes/ sub processes/ activities by all relevant stakeholders.

· Publish weekly and monthly MIS/Dashboard to supervisor and Principal Compliance Officer.

· Assisting in preparation and filing of IRDA quarterly reporting and adhoc FIU –India reporting/s from various departments.

Desired qualification and experience

Bachelors/Post Graduate degree in any discipline

1-2   years of relevant experience

Previous experience in the area of AML, Business Compliances and interpretation of regulatory requirements

Apply Here

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