Job Description

Job Description

Title: Operations Expert

Location: Bangalore

Note:

  • Specific/ mandatory skills: Transaction monitoring, KYC, AML
  • Experience range: 2-4 years
  • Open to considering fresher candidates (Yes/No): No
  • Open to considering relocation/ non-local candidates (Yes/No): No
  • Maximum monthly CTC (Excluding service fees and GST): Open for right talent, based on market standard.
  • Contract duration: 6 months
  • Shift timings:  UK Shift
  • Preference on diversity candidate (Yes/No): No

Role Description

Financial-Crime Control Continuous Improvement Centre of Excellence (FCCI CoE) is an independent Level 1 control function performing trading surveillance across the Bank.  Located within Financial Crime Risk Compliance Business Control Oversight - (FCRC-BCO), FCCI is closely aligned with front office whilst maintaining segregation to perform a review and challenge control – reviewing the Account Activity Review (AAR) and Expected Nature and Purpose of Relationship (ENPR) and support Accountable Client Owners to provide risk assessment on alerted activities. This function needs to be performed to ensure the Bank meets its regulatory targets related to the Know Your Client (KYC) program. The function leverages an automated solution built to result in exceptions which then need to be investigated You’ll be working on an industry leading anomaly detection platform that uses innovative solutions involving Artificial Intelligence (AI) and Machine Learning (ML). You would leverage your strong product knowledge to conduct analysis of Corporate and Investment Bank product transactions, providing insights into trends and client behavior across all businesses and regions. You would manage risk cases covering investigation and follow up within the defined timeframes. You would apply this analysis to refine and improve Key Risk Indicators used in the platform (including definition and acceptance testing).

Your key responsibilities

  • Validate the alerts generated by automated monitoring system to ensure they meet the agreed criteria and process.
  • Assist the ACOs (accountable client owners) in performing risk assessments on flagged activities, adhering to agreed quality standards.
  • Drive the completion of aged and overdue account activity review (AAR) attestations by regular follow-up and coordination with ACO and quality control team.
  • Identify opportunities for improving data quality, reducing ‘noise’ and false positives reported by the tooling in partnership with Technology teams.
  • Be an active part of global projects in the surveillance space.

 Your skills and experience

  • A minimum 2-4 years of experience in financial crime investigations, AML (Anti-Money Laundering), Transaction Monitoring, overseeing suspicious activity, having Investment Banking and/or Corporate Banking product knowledge.
  • Hands-on experience in working in a core BAU environment handling high volumes and meeting aggressive deadlines.
  • Strong collaboration skills, attention to details and pro-active ability to work on change programs (providing requirements, testing, being agile etc.).
  • Strong risk management capabilities and excellent understanding of the controls relating to the complete trade life cycle.
  • An ability to work independently to solve business problems, an inquisitive nature, a willingness to ask questions and challenge, ability to work in fast-paced environment.
  • Collaborate with different teams and guide and mentor more junior team members.
  • Excellent communication skills in English with good proficiency with tools like MS Excel, MS Power Point

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