VP Financial Crime

Institutional Securities Group comprises of Sales & Trading businesses, Research and Investment Banking/Capital Markets.

ISG Management Non-Financial Risk (NFR) team oversees, identifies, and mitigates the risks across the ISG businesses. It covers regulatory risk, supervisory risks, surveillance risks, financial crimes, operational risk areas for ISG.

India ISG Mgmt NFR team in India supports ISG Risk team in the areas of Financial Crimes Risk, Data Governance, and Central Risk teams.

Primary Responsibilities

The role involves leading the EDD team based within the ISG Financial Crimes Risk team and will report to Head of India ISG Mgmt – NFR Team and to Global Head of ISG Financial Crimes Risk.

The person will be expected to

• Lead the EDD teams, supporting New Client Onboarding [NCNB] and Data & Document Refresh [DDR]
• Partner with global teams within ISG, as well as other business units within the Firm, to proactively:
  • deliver on the regulatory requirements expected from the team
  • identify emerging risks to the EDD program and drive solutions
  • drive strategic initiatives for EDD
• Identify, remediate, and redesign operational inefficiencies with a focus on adherence to regulatory guidelines
• Provide governance over the EDD process by managing Risks & Controls, SLA’s, EDD quality and team capacity. Define the KPIs/KRIs to effectively manage the EDD process
• Play a key role in EDD Transformation project
• Responsible for hiring, retention and overseeing training/upskilling of the team members to be able to deliver on the expectations.
• Promote a culture of high performance and innovation
• Support the development of strong talent within the team/Firm.
• Responsible for imbibing and embedding Firm culture within the team and be a role model for Firm’s culture.
• Perform ongoing review of roles & responsibilities across life cycle of process and recommend changes as appropriate

Requirements

Skills required (essential)

Candidates must have:

• Bachelor’s or Master’s degree
• Excellent written and oral communication skills
• 10+ years’ experience and currently leading related teams
• Experience in managing / leading high performing staff
• Detail-oriented and organized with the ability to maintain attention to detail  
• Strong analytical skills
• Expertise/ experience in performing or improving the EDD/AML or KYC onboarding space. Proven ability to lead and multitask including oversight of several special projects and change initiatives related to EDD process enhancements
• Ability to work with global and cross-functional teams spanning Legal and Compliance, Technology, Operations, and other areas of the Firm
• Proficient in MS Office        
• Creative problem-solver with high level of learning agility and initiative
• Strong leadership qualities with the ability to assess and develop individual skills of team members by providing timely constructive feedback
• Excellent interpersonal skills and ability to work effectively with colleagues across regions and Business Units
• Ability to manage multiple priorities and tasks with the skills to adapt to changes in a fast-paced environment
• Possess strong analytical thinking and critical reasoning skills
• ACAMS certification