AML Controls Officer Job in Hyderabad at Invesco

Invesco is hiring for the role of AML Controls Officer!

Responsibilities of the Candidate:

• Designing, managing and overseeing efficient and effective systems and controls related to AML (which includes through this document PEP and sanction screening), ensuring compliance with Anti-Money Laundering and related regulations always.
• Managing end to end Client lifecycle/KYC operations with proven knowledge on the CDD concepts and the regulations/requirements of CDD/EDD. Perform AML remediation exercises where necessary
• Oversee and support the identification, mitigation and management AML related risks; reporting and escalation of such risks as needed; mitigating AML improvements identified by internal and external auditors as well as compliance monitoring.
• Overseeing third parties handling outsourced AML activities for Invesco in APAC; implementing, managing and overseeing controls to ensure adequate AML quality and adherence to Key Performance Indicators.
• Perform oversight of appointed distributors and intermediaries
• Support and oversee completion of Business as usual (BAU) activities including ongoing transaction monitoring, management of Enhanced Due Diligence, High risk and PEP clients.
• Closely working with Compliance / MLROs across APAC on BAU and new AML requirements and assessing and communicating implications on and application to Invesco to staff and management.
• Ensuring delivery of appropriate AML related MI and reports to internal stakeholders and external authorities as appropriate.
• Support any internal audits, Compliance Monitoring and other reviews as required. Assist with complex anti-money laundering matters and complex client cases.
• Ensure all activities are in line with Invesco’s Conduct principles

Requirements:

• Relevant experience of AML-related responsibilities for at least 2 to 5 years within the Financial Services industry, preferably in asset management.
• Basic knowledge of financial industry fundamentals and asset classes, mutual fund framework, investment life cycle and market participants
• Organizational skills and ability to working in teams.
• Excellent verbal and written communication skills
• Team player, passion for collaboration
• Strong organizational skills and detail orientation
• Open minded, flexible, and willing to listen for other people’s opinions
• Education to the degree level, or equivalent qualifications, Master’s degree a plus