Senior Manager-Risk and Compliance

Introduction
At IBM, we view work as more than just a job; it's a calling. Our mission is to build, design, code, consult, and lead in this new era of technology, solving some of the most complex problems. This role centers on understanding clients' needs regarding people outcomes and crafting solutions that leverage IBM HR capabilities to deliver those outcomes. As a Deputy Group Manager, you'll collaborate with the best minds at IBM, interact with clients to align with their business needs, and engage multiple stakeholders to ensure the successful delivery of solutions. You'll serve as a catalyst for change, enhancing the employee experience for our clients.

Your Role and Responsibilities
As a Senior Manager - Operations you will support the Banking Financial Crime Process Operations assigned to you & 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.

• Manage a team span of 50+. With excellent process governance, Project Management skills , Stakeholder management and people management skills
• Possess strong skillset in Operational excellence and transformation
• Keep abreast of changes in regulations and ensure timely implementation of necessary adjustments.
• Conduct regular audits and reviews to ensure adherence to compliance standards.
• Familiarity with AML issues and suspicious transaction monitoring systems Good analytical and problem-solving skills
• Ability to easily grasp and comprehend AML risks specific to a particular business unit and develop extensive user requirements as well as recommend automated solutions to reduce those risks
• 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.
• Strong understanding of the Bank Secrecy Act(BSA) requirements to prevent, detect, and deter money laundering and terrorist financing.
• Strong understanding of KYC Review, transaction review, Prior SAR/CTR filing review, and a decision to close with no risk or escalate the alert to case investigations for further investigation.
• Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends

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

• 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.