Kotak Mahindra Bank - Manager - Capital Market Alert Monitoring - AML (3-6 yrs)

Capital Market alert monitoring AML Cell - Compliance

The Key responsibilities of the role will be as follows:

- Analysis of red flags / alerts generated by AML system to identify potential suspicious activity.

- Analysis of reports related to capital market account transactions

- Analysis of unusual pattern of transactions based on various scenario defined in the system

- Forward AML alerts to branches/respective businesses for carrying out enhanced due diligence and follow-up for ultimate closure of the alerts

- Timely reporting of suspicious transactions and execution of instructions from law enforcement agencies

- Updating of names in negative database as and when applicable

- Maintain current understanding of Money Laundering/ Capital market surveillance policy / SEBI regulations and guidelines/ terrorist financing issues including processes, policies, procedures, regulations and developing trends.

- Assist in identifying systemic procedural weakness and additional training requirements/ process revisit if any.

- Assist in automation and system enhancement related activities

Job Requirements -

- Graduate / post-graduate with at least three years of Banking experience

- Well versed with functioning of Core Banking System and DP Secure / CDAS system

- Familiar in working on Microsoft office mainly "Excel". Possessing "V-lookup" skills will be added advantage

- Good communication skills (spoken and written)

- Analytical skills with regard to monitoring of transactions, identification of unusual transactions with an eye for detail will be an added advantage

- Should keep himself / herself conversant with the current developments related to KYC / AML / CFT monitoring and SEBI regulations

- Understanding/experience about NSDL/ CDSL alert handling and managing the Capital market surveillance policy would be preferred.

- Additional qualification / certification in AML/ Capital Market would be added advantage Job role - Team Member - Capital Market alert monitoring - AML Cell - Compliance