Senior Manager - Risk and Compliance

Introduction
A career in IBM Consulting is rooted by long-term relationships and close collaboration with clients across the globe. With deep expertise in many industries we offer strategy experience technology and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients businesses through the power of collaboration. We believe in the power of technology responsibly used to help people partners and the planet. Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role you’ll be encouraged to challenge the norm investigate ideas outside of your role and come up with creative solutions resulting in ground breaking impact for a wide network of clients. Our culture of evolution and empathy centres on long-term career growth and development opportunities in an environment that embraces your unique skills and experience.

Your Role and Responsibilities
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.

Required Technical and Professional Expertise

• Anti Money Laundering Enhanced Due Diligence KYC & Transaction Monitoring Expertise of minimum 8 years
• 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