DVP-AML Compliance- Mumbai (Andheri)

Job Description:

• Policy and Procedure: 

  Develop, implement, and maintain an effective AML compliance framework, including creating and updating policies and procedures. 

   
• Due Diligence: 

  Conduct Know Your Customer (KYC) and Customer Due Diligence (CDD) on clients, vendors, and other parties to assess risk and ensure compliance. 

   
• Transaction Monitoring: 

  Monitor and analyze financial transactions to identify suspicious activity, review alerts, and investigate potential red flags. 

   
• Reporting: 

  Prepare and file regulatory reports, such as Suspicious Activity Reports (SARs), to relevant authorities in a timely manner. 

   
• Training: 

  Provide regular AML and financial crime risk training to employees to ensure they understand their obligations and best practices. 

   
• Audits: 

  Prepare for and assist with internal and external audits of the AML program. 

   
• Liaison: 

  Act as a point of contact for regulators, law enforcement, and Financial Intelligence Units (FIUs). 

   
• Risk Assessment: 

  Conduct risk assessments to identify potential AML/CFT risks associated with the organization's products, services, and customers. 

   
• Collaboration: 

  Work with other departments to ensure that compliance procedures are integrated into business processes.