Senior Transaction Monitoring Analyst

Company: IDFC FIRST Bank
Location: Mumbai, Maharashtra, India
Employment Type: Full-time
Description:
Role/Job Title: Senior Transaction Monitoring Analyst

Business: Retail Banking

Function/ Department: Compliance

Place of work: Mumbai

Roles & Responsibilities

‘-Oversee all business operations relating to compliance including policies, investments, and procedures

‘-Design and monitor control systems to deal with violations of legal rules and internal policies

‘-Regularly assess the efficiency of control systems and recommend effective improvements

‘-Review and evaluate bank’s procedures and reports to identify hidden risks or common issues

‘-Perform periodic audits on company procedures and processes, maintain and organize compliance records

‘-Draft compliance checklists, manuals and other regulatory documentation

‘-Coordinate with different department leads to review all departmental compliance policies

‘-Liaise with the senior management to ensure proper implementation of compliance policies

‘-Initiates investigations when possible non-compliance takes place within the… bank

‘-Facilitate employee training sessions on legal and compliance issues

‘-Supervise compliance officers and team, share best practices.

Secondary Responsibilities

‘-Leverage in-house synergies through collaboration with internal stakeholders

‘-Keep abreast of regulatory developments within or outside of the bank as well as evolving best practices in compliance control

‘-Create an environment that promotes collaborative learning and collective ownership of responsibilities

Managerial & Leadership Responsibilities

‘- Attract and retain best-in-class talent for key roles in their reporting structure

Key Success Metrics

Portfolio quality

Source: LinkedIn

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