Assistant Manager - AML Analytics

• Description
• About Us

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees

Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees

Dynamic, Inclusive and Diverse team culture

Gender Neutral Policy

Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits

Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose

Create, analyze and closely monitor the watchlist, suspicious transaction trends, processes, customer behavior patterns, platform gaps and ensure required process improvements are implemented to minimize instances of money laundering.

Role Accountability

Conduct Money Laundering Risk Assessment (MLRA) for the business

Develop & enhance transaction monitoring & watchlist screening processes & capabilities

Monitor industry regulatory activities and other trends (external and internal) through appropriate early warning systems in order to take pre-emptive actions

Conduct half yearly risk profiling for Retail and Corporate Card customers and roll out of memo along with Credit & Risk team

Participate in yearly Validation and Optimization exercise for AML tool

Prepare and disseminate AML dashboards/reports to the Senior management

Monitor implementation of AML related audit recommendations by internal/external auditors & regulators and ensure its timely and effective closure

Monitor timely submissions of various reports/returns/responses to RBI/FIU and other key stakeholders

Drive implementation of any ad-hoc projects with regards to FATF/FIU recommendations

Measures of Success

No significant regulator penalties/fines

Timely closure of Validation & Optimization Activity

Timely closure of MLRA

Accuracy in customer risk profiling

Timely & accurate submission of AML dashboards/reports

Process adherence as per MOU

Technical Skills / Experience / Certifications

Ability to detect emerging compliance and industry trends and develop appropriate responses

Ability to operate with due discretion, confidentiality, objectivity and independence

ACAMS certification

Competencies critical to the role

Stakeholder Management

Process Orientation

Detail Orientation

Problem Solving Skills

Analytical Ability

Qualification

Graduate in any discipline

Preferred Industry

FSI