Vice President - Financial Crime - Bank (15-20 yrs)

Purpose of the role: To support business areas with day-to-day processing, reviewing, reporting, trading and issue resolution.

Accountabilities:

- Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.

- Collaboration with teams across the bank to align and integrate operational processes.

- Identification of areas for improvement and providing recommendations in operational processes.

- Development and implementation of operational procedures and controls to mitigate risks and maintain operational efficiency.

- Development of reports and presentations on operational performance and communicate findings to internal senior stakeholders.

- Identification of industry trends and developments to implement best practice in banking operations.

- Participation in projects and initiatives to improve operational efficiency and effectiveness.

Vice President Expectations:

- Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.

- Manage and mitigate risks through assessment, in support of the control and governance agenda.

- Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.

- Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.

- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.

- Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.

- Adopt and include the outcomes of extensive research in problem solving processes.

- Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

- Support various Financial Crime processes, which might include though not limited to payments / sanctions screening, adverse media screening and other AML related processes.

- Ensure compliance with Group Sanctions Policy and with Regulatory responsibilities in respect of the fight against Financial Crime.

- Identify, initiate, and execute enhancements and improvements across the business, driving culture of efficiency, whilst remaining effective against policy.

- Manage operations team but also will be working with Technology team for a better collaborative approach and faster turnaround of strategic and tactical solutions, operational readiness for strategic platform changes and develop partnership.

- Establishing and maintaining robust compliance level and ensuring the effective use of controls, ensuring at all times an effective understanding of team adherence to data security standards and immediate resolution of identified issues, possibly working with others (Fraud/Police/Legal/HR Partner) where security breaches are identified, and disciplinary actions are called for.

- Responsible for development, delivery, and maintenance of an effective Operational Risk Control environment to covering all aspects of Functional operational risk management framework standards as set by Banking Risk, through effective review of business risks, audit/compliance issues/RCSA report management. This will include Business risk prevention and mitigation initiatives.

- You may be assessed on key essential skills relevant to succeed in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based out of Pune.