Team Member-AML | Kotak | Mumbai

Job Detail

Job Role: Team Member – Anti Money Laundering

Key Responsibilities:

Monitor customer transactions using bank-approved AML systems to identify suspicious patterns, unusual activity, and high-risk behaviour.
Perform alert review and investigation by analysing transaction patterns, customer profiles, and fund flows.
Conduct name screening to identify matches against sanctions lists, PEPs, and adverse media.
Analyse PEP and sanctions hits, differentiate false positives, and escalate true matches in line with regulatory requirements.
Execute end-to-end transaction monitoring investigations, including identification of AML typologies such as structuring, layering, and mule accounts.
Prepare, review, and submit Suspicious Transaction Reports (STRs) to FIU-IND in compliance with RBI AML/CFT guidelines.
Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for high-risk clients and ongoing monitoring.
Manage account-level controls such as account freeze, debit restrictions, and monitoring based on internal triggers and Law Enforcement Agency requests.
Ensure timely closure of alerts within defined SLA timelines, maintaining high-quality documentation and audit readiness.
Collaborate with Compliance, QA, and Audit teams to ensure adherence to internal policies and regulatory expectations.
Support identification of emerging risks and transaction patterns through continuous monitoring and analysis across customer segments.