IBM Senior Manager-Risk Compliance 

India, Karnataka, Bengaluru 

159100712

If you thrive in a dynamic, collaborative workplace, IBM provides an environment where you will be challenged and inspired every single day. And if you relish the freedom to bring creative, thoughtful solutions to the table, there’s no limit to what you can accomplish here.

Responsibilities:

• Manage a team span of 50+. With excellent process governance, Project Management skills , Stakeholder management and people management skills
• Possess strong skillset in Operational excellence and transformation
• Keep abreast of changes in regulations and ensure timely implementation of necessary adjustments.
• Conduct regular audits and reviews to ensure adherence to compliance standards.
• Familiarity with AML issues and suspicious transaction monitoring systems Good analytical and problem-solving skills
• Ability to easily grasp and comprehend AML risks specific to a particular business unit and develop extensive user requirements as well as recommend automated solutions to reduce those risks
• Conduct root cause analysis on errors or issues, participate in compliance reviews and contribute to development of training materials for analysts.
• Ensuring effective feedback is passed to the analyst on timely basis.
• Will be responsible for complying with the Bank Secrecy Act(BSA) requirements to prevent, detect, and deter money laundering and terrorist financing.
• The responsibilities include KYC Review, expanded customer’s transaction review upto 24 months, Due Diligence Research on accounts and parties involved, Prior SAR/CTR filing review, and a decision to close with no risk or recommend the filing of a Suspicious Activity Reporting accompanied by a thorough analysis narrative.
• Analyze transaction data to identify red flags for possible suspicious activity.
• Efficient gathering and reviewing of new client information available externally or sourced via outreach process, as well not limited to monitoring financial transactions for existing clients to identify suspicious activities.
• Strong understanding of the Bank Secrecy Act(BSA) requirements to prevent, detect, and deter money laundering and terrorist financing.
• Strong understanding of KYC Review, transaction review, Prior SAR/CTR filing review, and a decision to close with no risk or escalate the alert to case investigations for further investigation.
• Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends

Required Technical and Professional Expertise

• Anti Money Laundering, Enhanced Due Diligence, KYC & Transaction Monitoring Expertise of minimum 8
• Analyze transaction data to identify red flags for possible suspicious activity.
• Strong written and oral communication skills.
• Client partnership & Collaboration skills.
• Business Communication / Presentation Skills

Preferred Technical and Professional Expertise

• Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
• Knowledge of various AML regulations including the USA PATRIOT ACT, the Bank Secrecy Act and OFAC.