Executive KYC & AML

AU SMALL FINANCE BANK; Jaipur; Hybrid; INR 700,000 - 1,100,000; Full time

Job summary

AU SMALL FINANCE BANK is seeking a Transaction Monitoring Officer/Senior Executive to monitor customer transactions for AML/CFT risks in line with regulatory requirements. You will review alerts, conduct investigations, and prepare cases for escalation and reporting.

The role involves profiling customers, documenting findings, coordinating with branches, and staying updated on AML guidelines and internal policies. Location is flexible per business needs.

Responsibilities

• Review and monitor alerts generated through transaction monitoring systems.
• Investigate unusual, suspicious, or high-risk transactions and perform detailed analysis.
• Conduct customer profiling and transaction pattern reviews to identify potential AML/CFT risks.
• Prepare and escalate suspicious cases for further review and filing of regulatory reports, wherever applicable.
• Ensure timely closure of alerts within defined TATs while maintaining quality standards.
• Handle alerts related to cash transactions, remittances, account activities, digital transactions, and other risk indicators.
• Maintain proper documentation, audit trails, and investigation records.
• Coordinate with branches and business teams to obtain supporting information/documents.
• Support regulatory inspections, internal audits, and compliance reviews.
• Stay updated on AML regulations, financial crime trends, and internal compliance policies.

Job description

Job Description – Transaction Monitoring (Banking/AML)

Position: Transaction Monitoring Officer / Senior Executive – Transaction Monitoring

Department: Financial Crime Compliance / AML

Location: As per business requirement

Role Purpose

To monitor customer transactions and identify suspicious activities, unusual patterns, and potential money laundering or fraudulent transactions in compliance with regulatory requirements, internal policies, and AML guidelines.

Key Responsibilities

• Review and monitor alerts generated through transaction monitoring systems.
• Investigate unusual, suspicious, or high-risk transactions and perform detailed analysis.
• Conduct customer profiling and transaction pattern reviews to identify potential AML/CFT risks.
• Prepare and escalation suspicious cases for further review and filing of regulatory reports, wherever applicable.
• Ensure timely closure of alerts within defined TATs while maintaining quality standards.
• Handle alerts related to cash transactions, remittances, account activities, digital transactions, and other risk indicators.
• Maintain proper documentation, audit trails, and investigation records.
• Coordinate with branches and business teams to obtain supporting information/documents.
• Support regulatory inspections, internal audits, and compliance reviews.
• Stay updated on AML regulations, financial crime trends, and internal compliance policies.