Talent500
Location
Bangalore | India
Job description
About the Role
Position Title: Training and Development Assistant Vice President Corporate Title : Assistant Vice President Reporting to: Vice President / Director in Bangalore + Head of Training & Development / Quality Assurance London Location: Bangalore Job Profile: Position Details: This individual will be responsible for creating, maintaining and enhancing Financial Crime Training and holding pen on drafting, maintaining and updating KYC Operating Manuals and Control framework, whilst supporting in development of new and existing staff. This role will be reporting to the Head of Training & Development within the CMS function. In addition, this area will provide key support to both the On-Boarding team & Periodic Renewals Team, both on- shore & off-shore and the wider Client Management Services function, including but not limited to; addressing policy related clarifications, driving quality improvement initiatives, developing and delivering a suite of Management Information for key stakeholders. Key stakeholders in this role are; Operational KYC counterparts, QC Counterparts, Financial Crime (2nd line of Defense), Senior management, and Audit. This individual will be a key Subject Matter Expert in Financial Crime Policy Training, supporting the Head of QA in coaching and developing KYC Analysts, QC Teams, SMEs to ensure the highest standards are maintained, processes are as efficient as possible and management information is effective. Driving forward and influencing change is therefore essential in this role. Individual would also be responsible in capacity of Individual contributor role and may change accordingly in future basis business requirements / restructuring. The individual will work in the company, Bangalore, India leadership to ensure effective and time bound due diligence is completed on cases within required SLA. Roles and Responsibilities: Individual will be responsible to ensure Know Your Customer (“KYC”) Operations services including Customer Due Diligence (“CDD”) for New to Bank or Existing Clients based on standard operating procedures (“SOP”), Operating manuals (“OM”) as defined by the local, regional, and global FC Teams. These responsibilities include, but are not limited to providing support in conducting, the items listed below as per SOPs and may be amended from time to time. In this role, you will be responsible for all aspects of financial crime training across the company arm and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you. Creating, maintaining and enhancing the Financial Crime HUB training framework, with particular focus on recognizing and managing financial crime risks, including those associated with high risk customers, products, services, transactions or delivery channels. Assist in creation of training materials that are aligned to Global and Regional Operating Manuals, policies and standards, and meet all applicable legal and regulatory requirements, both in the UK and EU. Monitoring regulatory developments, such as changes in the regulatory environment, which may impact the 1st Line of Defense function and ensure any relevant changes in the regulatory space are embedded within the Operating Manuals/ procedures/ internal KYC check-lists. Collaboration with 2LOD – Financial Crime Centre of Excellence Teams to ensure the KYC Operating Manuals, Procedures and Standards are correctly aligned to the regulatory requirements and internal processes. Tracking changes to the financial crime framework, processes, updating training and process guides. Assisting in regularly communicating policy updates to all stakeholders and presenting quarterly policy updates to CMS Management Deliver robust & effective training programs to the target audience within wider CMS function, across the company arm and securities business. Take regular inputs from Quality Assurance & Quality Control MI decks, KYC Quality Forum to identify and analyse knowledge gaps. Create focused training programs to help and address material and non- material variances. Assist in establishing appropriate Annual Training Calendar, organize training events, prepare training decks and manage all related tasks like tracking attendance, obtaining feedbacks from all participants on the quality and content of training programs delivered etc. Providing SME support and guidance to all members of CMS – KYC functions, assisting in their overall development and growth Reiterate importance of adherence to KYC policy within the trainings and enable enhancements in quality scores. Keep abreast of developments in current trends and progress on money laundering, bribery and corruption and its prevention Assist in developing an effective suit of Management Information reports for key stakeholders, for related activities covered within the Client Management Services function Suggesting action plans, if any, resulting from internal and external KYC audits. Providing support to the Head of Training & Development to identify and summarize review objectives, purpose and scope Deputizing for the Head of Training & Development where required, on all 1st Line of Defense Training, KYC Operating Manual & MI related aspects. Job Requirements: Skills And Experience: Functional / Technical Competencies: Strong KYC end to end knowledge for Low, Medium and High risk clients including In-depth knowledge of various corporate structures and associated AML risks, especially around Financial Institutions and Non-Banking Financial Institutions STRONG and Exceptional Communication skills both WRITTEN, VERBAL and Presentation Skills to interact with Stakeholder - Clients / RMs / Sales and other stakeholders Attention to detail is essential Technical knowledge of various client types & their structure Awareness of UK & European Anti-Money Laundering regulations Ability to effectively utilize Microsoft Office (particularly word & excel) Ability to independently drive projects and remediation related adhoc work. Work Experience: Person should have a bachelor’s degree in any stream, any certification/diploma in AML / KYC domain would be an added advantage. Demonstrable experience of creating and delivering financial crime training programs within a FCA regulated business. Previous experience in interpreting banking compliance regulations and drafting policies for an effective KYC control framework within an Investment Banking context. A deep understanding of financial crime (KYC) operations, processes, transaction monitoring, fraud and PEP/ Sanctions screening Thorough knowledge of UK & EU, financial crime compliance regulations, regulatory expectations and industry practice. Knowledge of relevant financial services regulations and legislation. Exposure and experiencing in creating and delivering financial crime prevention training programs, drafting KYC policy & control frameworks. Highly organized with the ability to manage workloads and deadlines 8 - 12 years’ plus of experience in AML Compliance & KYC preferably within the financial services industry with experience conducting EDD on foreign financial institutions. Strong decision making skills, the ability to demonstrate sound judgement Ability to work in a fast-paced, demanding environment and must work well under pressure. Degree and AML related certifications preferred or equivalent work experience. Experience within Investment Banking & On-Boarding of Financial Institutions, Non-Banking Financial Institutions, Corporate entities (Inc. Private Companies, SPVs and Trusts) Willingness to travel (deliver training to overseas teams on a face-to-face basis). Personal / Other Requirements: Excellent communication and interpersonal skills Results driven, with a strong sense of accountability A proactive, motivated approach. The ability to operate with urgency and prioritize work accordingly Strong decision making skills, the ability to demonstrate sound judgment A structured and logical approach to work Strong problem solving skills A creative and innovative approach to work The ability to manage large workloads and tight deadlines Excellent attention to detail and accuracy A calm approach, with the ability to perform well in a pressurized environment Strong numerical skills Excellent Microsoft Office skills, especially Excel.Job tags
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