Hiring For Process Specialist- Bangalore (kyc And Aml)
- Infosys BPM
- 2 - 4 years
- Bengaluru
- 1 month ago
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Job Description
Job description
Job Level- JL 3A
Experience: 2-5 Years
Shifts: Flexible to work for any shift
Location: Bangalore
Notice Period: Immediate to 30 days
Key Responsibilities:
1. Transaction Monitoring & Analysis
- Review and analyze financial transactions for potential signs of money laundering, fraud, terrorist financing, or other financial crimes.
- Conduct thorough investigations into flagged transactions, using available tools and data sources.
- Investigate and escalate suspicious activity in accordance with the banks procedures.
2. AML (Anti-Money Laundering) & KYC (Know Your Customer) Compliance
- Ensure all customer due diligence (CDD), enhanced due diligence (EDD), and KYC processes are in line with regulatory requirements.
- Maintain accurate records of customer profiles and transaction history.
- Collaborate with compliance teams to update and enhance KYC procedures.
3. Reporting & Documentation
- Prepare reports for internal stakeholders, including compliance, senior management, and regulators, regarding financial crime risks.
- Ensure the timely filing of Suspicious Activity Reports (SARs) and other necessary documentation in line with legal and regulatory standards.
- Maintain detailed and accurate documentation for all investigations, ensuring compliance with audit requirements.
4. Collaboration & Communication
- Work closely with internal teams (e.g., Risk, Compliance, Legal) to ensure an integrated approach to managing financial crime risks.
- Communicate with external parties such as law enforcement, regulatory bodies, and auditors when necessary.
- Provide training and guidance to colleagues on the identification and prevention of financial crime.
5. Regulatory Compliance
- Stay updated on the latest financial crime regulations, trends, and best practices.
- Ensure the banks financial crime processes align with regulatory changes and industry standards.
6. Risk Assessment & Mitigation
Participate in risk assessments to identify vulnerabilities within the banks operations and process.
Required Qualifications & Skills
- Education: Bachelor's degree in Finance, Business, Law, or related field. Certification in financial crime prevention (e.g., CAMS, ICA) preferred.
- Experience: Minimum of 7 years in financial crime prevention, compliance, or a related banking role.
- Skills:
- Strong knowledge of AML, KYC, and CFT (Counter Financing of Terrorism) regulations.
- Experience with financial crime investigation tools and software.
- Excellent analytical and problem-solving skills.
- Strong communication skills, both verbal and written.
- Attention to detail and ability to manage complex cases.
Job Classification
Industry: BPM / BPOFunctional Area / Department: Risk Management & ComplianceRole Category: FinanceRole: Finance - OtherEmployement Type: Full timeContact Details:
Company: Infosys BPMLocation(s): Bengaluru
Keyskills: Transaction Monitoring Aml KYC Risk Assessment Regulatory Compliance Risk Mitigation
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