Deputy Unit Manager - Payments - Ops & Service

Job Purpose
BFL payments business is growing at a rapid pace and providing a bouquet of payment products and services to its customers. The growth in business is coupled with the higher count of transactions requiring strengthened transaction monitoring to identify suspicious transactions.
The prospective candidate shall be responsible for handling the AML transaction alerts, analyzing the transaction pattern & customer profile, prepare the case analysis report and close the cases at L1 level or escalate to the next level.
The candidate shall also be responsible for doing the quality review, refining the indicators and publishing the transaction monitoring dashboards. Duties and Responsibilities
Anti-Money laundering and / or Terrorist Financing investigations of alerts generated
Ensuring quality of investigations of AML / CFT alerts
Ensuring closure of the alerts at L1 or escalation to L2 within TAT
Publishing and reporting of the transaction monitoring dashboards
Support in preparing and filing the STRs
Managing internal and regulatory audits
Improving efficiency of the AML / CFT transaction monitoring process Key Decisions / Dimensions
Decisions regarding closure of the cases or escalation to the higher level Major Challenges
Need to work in the demanding and dynamic environment and ensure that the quality of investigation is maintained, and timelines are adhered
Identify the false positives and improve the efficiency of the process. ,Required skills are mentioned below:
a) Educational Qualifications
Graduation
b) Work Experience
Overall 2+ years of experience with reputed Fintech or Banks/Financial Institutions in AML transaction monitoring
Excellent analytical and communication skills
Should have expert knowledge of the MS Excel and comfortable in analyzing large set of data
Comprehensive understanding of AML processes, technology, case management and payments products / services
Understanding of Red Flag indicators relating to AML/CFT
Preferably ACAMS certified / other recognized certification