Associate, Compliance & Control Representative I Job in Chennai at BNY

BNY is hiring for the role of Associate, Compliance & Control Representative I!

Responsibilities of the Candidate:

• With minimal guidance and supervision, the Candidate is responsible for proactively identifying, monitoring and mitigating risk associated with Financial crime. Conduct an internal quality review for the cases processed by Level 1 analysts. 
• Investigate and research cases and potentially suspicious situations, conducting high-level complex case investigations, efficiently arriving at sound risk-based conclusions.
• Analyse, investigate, and resolve financial crime-related red flags flagged as potentially suspicious transactions or exceptions. Escalate potential risk proactively to the Management.
• Ensure all documents are accurately checked, processed and released in compliance with regulatory and internal operational instructions.
• Maintain Subject matter expertise by keeping up to date on changes to policies and standards. 
• Uses strong communication skills to engage in challenging conversations with internal stakeholders and complex external clients in order to support an accurate data-gathering process and resolve any open issues.
• Provides guidance to less experienced AML staff as and when needed. No direct reports. Manages situations that may require adaptation of response or extensive research according to client response.

Requirements:

• 2-6 years of experience in AML and other financial crime-related areas. 
• Bachelor's degree required.
• Ability to analyse and interpret information, exercising sound judgement and attention to detail. 
• Good understanding of AML, Sanctions, Transaction Monitoring and other financial crime-related rules and regulations. 
• Ability to identify and recommend possible improvements to enhance AML risk and process efficiency. 
• Strong knowledge of BSA, AML, OFAC, CIP, USA Patriot Act requirements and regulations. 
• Banking knowledge in terms of Customers, Products and transactions with expertise in retail, Corporate, private or correspondent banking. 
• Possesses strong Linguistic and articulation/report writing skills. 
• Possesses a Positive attitude with good analytical and presentation skills. 
• Any AML-related certification would be preferred. 
• Exposure to applications such as Actimize.