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Job Description

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song all powered by the world s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at (link removed)

To manage the centralized Transaction Monitoring Compliance Operations across the Group, where the international jurisdiction allows it, to support a consistent approach and promote efficiencies across the Compliance Operations. You will be working as a part of the Transaction risk management team which focuses on reviewing potential fraudulent/high-risk transactions and take necessary action on customer accounts as per defined client policy. The team screens KYC documents as applicable and determines the authenticity of the customer profile while also investigating fraud claims from customers and take required actions on customer accounts as per client policies.
Perform assignments/deals/tasks of high complexity and resolving queries.
Basic domain knowledge about US Bank Regulatory challenges in transaction monitoring & subsequent risk management.

Ability to understand Complex Regulatory and Compliance requirements within the retail banking space.
Transaction Monitoring experience and good knowledge of financial crime compliance within the global banking sector
Analytically sound to guide the analysts to take decisions on whether an alert should be escalated for further investigation or close if further review is not warranted.
Sound knowledge required in Banking Laws and requirements like BSA/AML/KYC
Ability to understand Complex legal entities and transactions between similar counterparties and be able to judge whether the transaction is suspicious.
Experience of working on systems like Actimize, Lexis Nexis, Adverse Media interpretation
Knowledge of banking products like Insurance, Annuities, Mortgages, loans, credit cards etc.
Knowledge of regulations like banking secrecy act, USA Patriot Act, OFAC regulations, FinCEN (financial crimes enforcement network) etc.
Knowledge of sanctions, SARs (suspicious activity reports), CTRs (currency transaction reports) etc.
Knowledge of high-risk countries, businesses, PEPs (politically exposed persons) etc.
Advanced Proficiency required in English Language to create disposition narratives.
Certifications like CAMS, CAMI shall be an added advantage
Minimum of 10 years of banking experience with 5 years in a transaction monitoring unit for a multinational retail bank
Bachelor s degree Education
Minimum of 3 years of people lead experience for a complex process with a span of 10-15 analysts.

Ensure that the units are suitably staffed.
Hire, manage and arrange for training of the resources.
Monitoring the resources to ensure satisfactory completion of the work.
Working with the training department in Group Compliance to identify and address the training needs of the team.
Arrange to provide ongoing training to the team on AML, Sanctions, etc.
Guiding, mentoring and advising the resources to ensure they are equipped to undertake their tasks and to identify any areas of concern.
Ensure the necessary procedures are in place to cover compliance operations activities and Turn Around Times (TAT).
Ensure proper investigation and monitoring of alerts & cases
Meet TAT & Quality as agreed with stakeholders, and as per the standards laid down
Reporting issues, risks, progress ongoing to senior management.
Provide MI on Productivity, Quality, escalations, True matches, overdues, issues etc.
Being the primary point of contact for any audits of the Group Compliance function and providing the necessary cooperation during the audit.
Raising/ highlighting any concerns or observations to the Head of Compliance Operations to enable proactive decision making at a senior level.
Providing the necessary progress updates around addressing audit observations to ensure timelines are met and the appropriate updates are given to Internal Audit (for onwards updates to Exco and the Board Audit Committee).
Taking the necessary actions to close out any audit observations or, where dependent on other units, systems or resources; following-up until such closure has taken place.
Maintaining and providing of accurate MI as instructed on all aspects related to FCRM RFIs within the expected timelines.
Aiding the Group Compliance in ad-hoc Compliance projects and investigations.

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