Senior Vice President - KYC And AML

AU SMALL FINANCE BANK; Jaipur; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

AU SMALL FINANCE BANK in Jaipur seeks an experienced SVP to lead KYC & AML, overseeing Transaction Monitoring, TBML, sanctions, EDD, and regulatory reporting. This role drives governance, policy development, and strategic AML transformation across technology and operations while mentoring teams.

The successful candidate will establish robust AML frameworks, engage with regulators, and steer risk-based approaches to compliance across the organization.

Qualifications

• 15+ years of experience in AML, KYC, and regulatory compliance.
• Extensive experience in Transaction Monitoring, Sanctions Screening, TBML, EDD, AML investigations, and Regulatory Reporting.
• Prior leadership experience managing large AML operations and regulatory engagements.
• Professional certifications preferred (CAMS/ICA/CFE).

Responsibilities

• Provide strategic leadership and end-to-end oversight of AML operations, investigations, and financial crime risk management.
• Supervise Transaction Monitoring activities including alert review, escalation governance, L1-L3 oversight, and STR decision-making.
• Oversee review and disposition of complex, high-value AML cases requiring senior management intervention.
• Ensure timely identification, investigation, escalation, and reporting of suspicious transactions to regulators.
• Drive continuous enhancement of AML controls, risk-based monitoring, and investigative standards.
• Lead governance and oversight of TBML monitoring and investigations.

Skills

AML governance

KYC/CDD oversight

Transaction Monitoring

TBML

Sanctions Screening

Regulatory Reporting

Leadership

Education

Graduate/Postgraduate in Finance, Commerce, Law

CAMS/ICA/CFE preferred

Job description

Job Description:

Job Description – Senior Vice President (SVP) – KYC & AML

Designation: Senior Vice President (SVP) – KYC & AML

Department: Compliance / Financial Crime Compliance (FCC)

Location: Jaipur

Role Purpose

The Senior Vice President – KYC & AML will be responsible for providing strategic leadership, governance, and oversight across the Bank's Anti-Money Laundering (AML) and Know Your Customer (KYC) framework. The role will supervise critical AML functions including Transaction Monitoring, Trade Based Money Laundering (TBML), Sanctions & Negative Screening, Enhanced Due Diligence (EDD), Regulatory Reporting, and Financial Crime Investigations. The incumbent will ensure robust supervisory control over high-risk and regulatory-critical processes, drive compliance with evolving regulatory requirements, strengthen risk governance, and lead AML transformation initiatives through technology and automation.

AML & Financial Crime Oversight

• Provide strategic leadership and end-to-end oversight of AML operations, investigations, and financial crime risk management.
• Supervise Transaction Monitoring activities including alert review, escalation governance, L1-L3 oversight, and STR decision-making.
• Oversee review and disposition of complex, sensitive, and high-value AML cases requiring senior management intervention.
• Ensure timely identification, investigation, escalation, and reporting of suspicious transactions in line with regulatory expectations.
• Drive continuous enhancement of AML controls, risk-based monitoring frameworks, and investigative standards.

KYC, EDD & High-Risk Customer Governance

• Provide oversight on KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and high-risk customer reviews.
• Review and approve escalated high-risk relationships, politically exposed persons (PEPs), and adverse media cases.
• Ensure periodic review and risk assessment of high-risk customer portfolios.

Trade Based Money Laundering (TBML)

• Lead governance and oversight of TBML monitoring and investigation activities.
• Establish robust controls to identify trade-related money laundering typologies, suspicious trade patterns, and AML risks associated with trade finance transactions.

Sanctions & Screening Governance

• Oversee sanctions screening, negative media monitoring, watch-list screening, and name-matching investigations.
• Ensure compliance with domestic and international sanctions requirements and regulatory obligations.

Regulatory Reporting & Compliance

• Ensure timely filing and quality of STRs, regulatory submissions, and responses to regulatory authorities, FIU, MHA, NCRP, LEAs, RBI, and other statutory bodies.
• Act as the key escalation point for AML-related regulatory inspections, audits, and compliance reviews.
• Drive remediation and closure of regulatory observations and audit findings.

Strategic Projects & Transformation

• Lead AML transformation initiatives including AMLytics, automated monitoring solutions, MuleHunter implementation, AI-based screening, and process automation.
• Partner with technology, operations, compliance, and business stakeholders to enhance AML effectiveness and operational efficiency.
• Champion data-driven decision-making, analytics, and continuous process improvement.

Governance & Leadership

• Establish strong governance and supervisory review mechanisms across AML functions.
• Develop AML policies, procedures, risk frameworks, and operating standards.
• Present AML risk trends, key developments, and governance updates to senior management and board-level committees.
• Build, mentor, and lead high-performing AML and KYC teams.

Educational Qualification

• Graduate/Postgraduate in Finance, Commerce, Law, Banking, Risk Management, or related discipline.
• Professional certifications such as CAMS, ICA, CFE, or equivalent will be preferred.

Experience

• 15+ years of experience in AML, KYC, Financial Crime Compliance, Regulatory Compliance, or Risk Management.
• Extensive experience in Transaction Monitoring, Sanctions Screening, TBML, EDD, AML Investigations, and Regulatory Reporting.
• Prior leadership experience managing large AML operations and regulatory engagements within Banking, NBFC, FinTech, or Financial Services organizations.