Assistant Manager (Compliance)

STATE BANK OF INDIA; Antwerpen; On-site; EUR 52,000 - 76,000; Full time

Benefits offered by this job

Attractive salary

Competitive package

Training opportunities

Challenging role

Work-life balance

Job summary

State Bank of India Antwerp Branch seeks an Assistant Manager (Compliance) to support regulatory compliance, AML/KYC policy updates, and monitoring activities in Belgium. The role involves assisting in reporting, transaction monitoring review, and advisory on onboarding-related compliance matters.

Based in Antwerp, the branch emphasizes corporate banking and is supervised by National Bank of Belgium and FSMA. Fluency in English and Dutch is preferred; SAP experience is not required.

Qualifications

• Minimum a graduate degree holder from a recognized university.
• Certification in financial crime compliance is desirable.
• Minimum 2 years of regulatory compliance experience in AML/KYC/sanctions.
• Strong MS Office skills (Excel, PowerPoint, Word).

Responsibilities

• Assist Manager (Compliance) in Regulatory Compliance activities.
• Assist AML/KYC policy updates and reporting procedures.
• Ensure timely submission of Regulatory Returns/Reporting from the Branch.
• Assist AMLCO in review of Transaction Monitoring parameters and system testing.

Skills

Regulatory compliance

AML/KYC knowledge

Data analysis

MS Office (Excel, PowerPoint, Word)

Communication skills

Independent work

Dutch language

English language

Education

Bachelor's degree

Tools

World-Check

Transaction Monitoring System

Job description

State Bank of India, Antwerp Branch is established in Belgium since more than 40 years. It is a branch of the largest financial institution in India with operations in more than 35 countries. The bank is one of the largest 50 global banks and a fortune 500 company. The Antwerp branch is active in corporate banking segment. It is supervised by Belgian financial sector supervisors namely National Bank of Belgium and Financial services & Market Authority. Branch is located at Hoveniersstraat 29, 2018 Antwerp, right next to Antwerp Central train station.

Role: Assistant Manager (Compliance)

Job Description

Regulatory Compliance

• To assist Manager (Compliance) in performing activities mentioned in the Branch Compliance Action Monitoring Plan
• To assist Manager (Compliance) in updating the Bank's AML/ KYC policies and procedures/ Transaction Monitoring Procedures/ List.
• To ensure timely submission of all Regulatory Returns / Reporting from the Branch.
• To assist AMLCO in Review of the Transaction Monitoring Parameters periodically / annually including empirical analysis of the thresholds and parameters and testing of the Transaction Monitoring System for completeness and accuracy.

Compliance Advisory

• To assist Manager (Compliance) in Providing advisory on various AML related queries in relation to onboarding & review of customers and transactions such as:
• For name screening, Transaction monitoring, Risk categorization,
• Interpretation of red flags observed etc. from business departments
• Discounting the True name screening hits in World Check escalated by Operations and Trade while onboarding and review of customers.
• To attend to matters pertaining to advisory on customer on-boarding relating to credit & syndicated facilities, corporate, RMA, correspondent banking.

Ongoing Monitoring

• Handling AMLOCK Alerts and escalation of Transaction Monitoring alerts to AMLCO.
• Data quality assurance check in various tools and systems at the Branch.

Compliance Reviews/Testing

• To assist Manager (Compliance) in preparation and critical review of CAMP.
• To carry out compliance review in accordance with the schedule set out in the Compliance Review and Training Plans.
• To assist Manager (Compliance) in critical review of Client Risk Assessment Model
• To assist Manager (Compliance) in critical review of Country risk and periodic Updating.
• To undertake the EWRA activity for a business line allocated by Manager Compliance.

Any other work entrusted by the management.

State Bank of India reserves its right to alter the content of this job description after consultation to reflect the changes to the job or services provided, without altering the general character or level of responsibility.

The duties described in this job description must be carried out in a manner which promotes equality of opportunity, dignity and due respect for all employees and service users

This job description is not exhaustive.

Profiel

Requirements:

• Minimum a graduate degree holder from a recognized university.
• Certification in financial crime compliance is desirable.
• Minimum 2 years of relevant regulatory compliance experience especially in the domain of Anti money laundering/ know your client/client due diligence/ Sanctions & Embargoes etc.
• Strong in Microsoft Office Excel, power point and word skills.
• Good communication skills, self-motivated, result-oriented, able to work with all levels of organization.
• Ability to work independently.
• Reasonably good command of one national language preferably Dutch language and very good command of English language is mandatory.

Aanbod

Offer

• An attractive salary depending of experience.
• A competitive package coming alongside the salary, allowing you to work in the best conditions.
• Training opportunities allow you to develop professional skills continuously.
• A challenging and fulfilling position with diverse tasks within a key-actor of the financial world.
• A good work-life balance.