Senior Manager KYC And AML

AU SMALL FINANCE BANK; Jaipur; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

AU Small Finance Bank in Jaipur, India seeks an experienced MLRO to lead KYC/AML compliance. The role involves acting as MLRO to FIU-IND and RBI, guiding business units on KYC, developing policies, and establishing review procedures as directed by regulators.

You will manage the KYC/AML team, oversee remittance screening for high-risk entities, liaise with regulators, and drive automation of AML software and periodic KYC updates.

Responsibilities

• Acting as a Money Laundering Reporting Officer (MLRO) to FIU-IND and RBI
• KYC Guidance to the Business Units
• Develop and maintain KYC/AML compliance policies and establish compliance review procedures as directed by RBI & FIU India
• Work closely with management to establish an appropriate compliance culture & development of specialized training programs on AML/KYC risks
• Managing the KYC/AML team and providing guidance to the team for better output
• Guidance for Screening outgoing and incoming remittances for Special Designated Nationals, high risk and sanctioned countries and businesses to ensure compliance with standard AML regulations
• Effective liaison with regulatory agencies, internal and external advisors, and other internal control groups on AML compliance related issues
• Manage the automation & upgradation of AML Software - Transaction Monitoring & Reporting Module
• Develop and manage periodic KYC updating program (Re-KYC) along with Customer Risk Categorization module
• Supporting Chief Compliance Officer on all matters pertaining to KYC/AML Compliance
• Managing Regulatory inspection, data submission pertaining to KYC/AML

Tools

AML software - Transaction Monitoring

Job description

Job Description:

• Acting as a Money Laundering Reporting Officer (MLRO) to FIU-IND and RBI
• KYC Guidance to the Business Units
• Develop and maintain KYC/AML compliance policies and establish compliance review procedures as directed by RBI & FIU India
• Work closely with management to establish an appropriate compliance culture & development of specialized training programs on AML/KYC risks
• Managing the KYC/AML team and providing guidance to the team for better output
• Guidance for Screening outgoing and incoming remittances for Special Designated Nationals, high risk and sanctioned countries and businesses to ensure compliance with standard AML regulations
• Effective liaison with regulatory agencies, internal and external advisors, and other internal control groups on AML compliance related issues
• Manage the automation & upgradation of AML Software - Transaction Monitoring & Reporting Module
• Develop and manage periodic KYC updating program (Re-KYC) along with Customer Risk Categorization module
• Supporting Chief Compliance Officer on all matters pertaining to KYC/AML Compliance
• Managing Regulatory inspection, data submission pertaining to KYC/AML