01Overview
Job Description:Your backgroundRequired Skills:5 Years of relevant work experience in Anti-Money Laundering, Fraud and/or Economic SanctionsDemonstrated leadership to partner across various levels and lines of business in the organization Strong written and verbal communication skills and the ability to communicate and work with all levels within the organizationExperience responding to Audits and/or Regulatory ExaminationsSound risk management skills and an ability to apply discernment, take decisions when required and to escalate concerns when necessaryMust possess excellent time-management, problem solving, and critical thinking capabilitiesMust work across a matrix organizationIdentify, own and escalate issues as neededMust be able to engage and leverage teams and business partners to efficiently deliver business solutionsDesired Skills:Subject matter knowledge and experience in anti-money laundering (AML), Fraud and Economic Sanctions regulations in IndiaCertified Anti-Money Laundering Specialist (CAMS) certification;Understanding of Banking products and Financial Crimes vulnerabilities Bachelor's DegreeWhat You Can ExpectThe Global Financial Crimes (GFC) Manager executes substantive money laundering, economic sanctions and fraud compliance and operational risk practices relevant to the manager's specific area of responsibility. The GFC Manager is accountable for the requirements of the Global Compliance and Financial Crimes Enterprise Policies, Compliance and Operational Risk Management Program (CORM Program), the Global Compliance - Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively the Policies) and the Enterprise Fraud Risk Management Standard and works directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete those requirements.The GFC Manager proactively engages with other Chief Compliance and Operational Risk (C&OR) officers, including horizontal coverage owners and Enterprise Areas of Coverage (EAC), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second lines risk management activities. The GFC Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. The GFC Manager also contributes as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team or may act as an individual contributor.Activities this role performs include, but are not limited to:Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders via established governance and management routinesParticipates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers (trade associations, PACs, lobbyists, consumer groups, and media) in the EAC subject area to identify and mitigate emerging risksIdentifies regulatory training needs and provides subject matter expertise to support the development of training curriculumAdvises and directs the development and maintenance of financial crimes owned policies and standards and the review of relevant FLU/CF-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressedMonitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; ensures a comprehensive regulatory inventoryIdentifies, aggregates, reports, escalates, inspects and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimesEscalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committeesResponsible for the remediation of financial crimes related C&OR owned issues and control enhancements to ensure they are addressed appropriately and timelyParticipates in the development and maintenance of the global financial crimes coverage plan which defines the scope and risk-based focus of the second lines risk management activities and/or oversees execution of monitoring, testing, and risk assessments, communicate resultsReviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriateWhat .
