Team Member - screening & Sampling - ho & Support - business Process Management Group

Team Member-Screening & Sampling

The Team Member-Screening & Sampling will play a vital role in supporting the bank's risk management framework. They will be responsible for conducting thorough screening and sampling processes to identify and mitigate potential risks. This role requires a strong understanding of regulatory requirements and the ability to work collaboratively with various teams.

Responsibilities

Conduct comprehensive screening and sampling of transactions, accounts, and customers to identify potential risks and anomalies.

Analyze and interpret data to detect suspicious activities, ensuring compliance with regulatory standards.

Collaborate with risk management, compliance, and legal teams to develop and implement effective screening and sampling strategies.

Maintain accurate records and documentation of screening and sampling activities, ensuring data integrity and confidentiality.

Stay updated with industry trends, regulatory changes, and best practices in risk management and compliance.

Provide support and guidance to front-line staff on screening and sampling procedures, ensuring consistent implementation.

Conduct periodic reviews and assessments of the screening and sampling processes to identify areas for improvement.

Prepare and present reports on screening and sampling activities to senior management, highlighting key findings and recommendations.

Liaise with external auditors and regulatory authorities during inspections and audits, providing necessary documentation and insights.

Ensure the bank's screening and sampling processes align with its risk appetite and overall business strategy.

Qualifications

Bachelor's degree in Finance, Business Administration, or a related field.

Minimum 2 years of experience in risk management, compliance, or a similar role, preferably in the banking industry.

Strong knowledge of regulatory requirements, especially related to anti-money laundering (AML) and know-your-customer (KYC) regulations.

Excellent analytical and problem-solving skills, with the ability to interpret complex data.

Proficiency in using risk management and compliance software and tools.

Attention to detail and a meticulous approach to work.

Effective communication and interpersonal skills, with the ability to collaborate with diverse teams.

Ability to work independently and manage multiple tasks simultaneously.

Willingness to stay updated with industry developments and regulatory changes.

Strong ethical standards and a commitment to maintaining confidentiality.

Job Identification: 235459

Job Category: KMBL

Location: Kotak Infiniti, Building No. 21, Mumbai, Maharashtra, 400097, IN