Assistant Manager – AML/KYC, Compliance

This is a fully remote position, open to applicants in India.

📋 Description

• Implement comprehensive AML and KYC controls for foreign correspondent banking relationships.

• Carry out Customer Identification Program (CIP) procedures.

• Execute Customer Due Diligence (CDD) processes.

• Conduct Enhanced Due Diligence (EDD) assessments.

• Perform adverse media and screening evaluations.

• Assess and investigate alerts from transaction monitoring systems.

• Detect and report control deficiencies and significant shifts in risk profiles.

• Ensure complete compliance with regulatory standards.

⛳️ Requirements

• 4-5 years of experience in AML/KYC, particularly in foreign correspondent banking.

• Experience in a U.S. bank or a U.S. branch/agency of a foreign bank is preferred.

• Extensive understanding of:

• Risks associated with correspondent banking.

• Cross-border payment processes and clearing operations.

• Nested correspondent and PTA risk factors.

• Execution of CIP, CDD, and EDD procedures.

• Investigations of transaction monitoring alerts.

• Drafting and decision-making for SARs.

• Wolfsberg CBDDQ and risk rating practices.

• Preferred Qualifications: CAMS, CFE, or an equivalent AML certification.