AVP - Global AML

AVP - Global AML Oversight

About the Role:

Position Title: Assistant Vice President, Global AML Oversight and Strategic Initiatives

Corporate Title: Assistant Vice President

Reporting to: Global AML Head of Oversight and Strategic Initiatives

Location: Bangalore

Job Profile

Purpose of Role:

Within the Global Financial Crimes Division (“GFCD”),Global AML Compliance Department, the Global Oversight and Strategic Initiatives AVP will report to the Head of Oversight and Strategic Initiatives. The individual should possess knowledge of and experience in analyzing both Know Your Customer (“KYC”) and Transaction Monitoring (“TM”) data to identify potential money laundering, terrorist financing, fraud and other forms of misconduct and risk.

Main Responsibilities:

• Supports the execution of the Regional Transaction Monitoring Coverage Assessment.
• Assist with creating and developing relevant GAML metrics and presentation materials, including pulling metrics from Tableau, identifying and conducting trend analysis, and preparing management presentations and reports.
• Assist with review of the metrics alongside various GAML management reports to help determine potential control weaknesses, emerging risks, or issues that need to be escalated .
• Coordinates with relevant first-line business leaders, regional and local AML officers, and other areas of GFCD, to support oversight efforts.
• Assists with analysis of the TM and KYC issues with focus on the root cause analysis.
• Remains current on industry developments, best practices and standards relating to KYC and TM, particularly as it relates to oversight and governance of the GAML Program.
• Provide access to S&P Account Management Process.

Candidate Profile

Skills and knowledge:

• Demonstrated knowledge and expertise of banking laws and regulations administered by the US and major international regulatory and standards-setting bodies.
• Ability to analyze and interpret data alongside other sources such as management reports to formulate a hypothesis about potential control weaknesses or emerging risks, seek input from relevant stakeholders, and articulate the impact.
• Ability to transform raw data into charts, graphs and presentations to effectively communicate oversight themes to senior stakeholders.
• Collaborative with strong interpersonal communication skills.
• Experience with handling and analyzing large data sets and proficiency with the Microsoft Office suite of products, and especially Excel and Powerpoint.
• Experience working in a global financial institution environment with multiple stakeholders in different jurisdictions and time zones.
• The ability to interact effectively with peers and management.
• Thorough understanding of an effective financial crimes risk management framework.
• Ability to manage multiple assignments simultaneously and to initiate and prioritize own and others work.
• AML subject matter expertise with strong knowledge of AML Investigation Processes and KYC.
• Ability to balance regulatory requirements with the best interests of the Bank and its customers.

Education & professional qualifications:

• BA or BS Degree strongly preferred(equivalent professional experience may be considered in lieu in exceptional circumstances).
• MBA or Masters Degree in Business, Accounting, legal or related field preferred.

Experience:

• Typically requires approximately 15 years of financial industry and compliance experience, preferably within a global organization.