Senior Manager - Risk And Compliance

As a Senior Manager, you will support the Banking Financial Crime Process Operations assigned & ensure conformance of quality standards and all required SLAs and Client requirements as required to meet the business objectives. Provide guidance, support, and mentorship to team members. Role will require coordination with client & IBM stakeholders, documentation & maintenance of Process Documents, Root cause analysis / action plan framing & implementation to drive client satisfaction on overall operations processing.Responsibilities:Keep abreast of changes in regulations and ensure timely implementation of necessary adjustments.Conduct regular audits and reviews to ensure adherence to compliance standards.Ensure high quality standards are maintained by reviewing EDD cases for accuracy and completeness identifying any discrepancies or red flags, providing feedback to analysts and collaborating with stakeholders to enhance process and controls.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.