Compliance:Transaction Monitoring Team
- Location Mumbai
- Experience 2-4 yrs
- Job type Full-time
- Posted 10 Oct 2026 (first seen)
You will be taken to the employer’s own careers page to apply.
Job details
- Qualification
- MBA
- Job ID
- 1506217509102026143024
Job description
About Compliance
The Compliance department assists the Board and Top Management in managing the compliance risk, that is, the risk of legal or regulatory sanctions, financial loss or reputational loss that the Bank may suffer as a result of its failure to comply with the applicable laws, regulations or code of conduct applicable to banking activities. It ensures strict observance of all statutory provisions in various legislations such as Banking Regulation Act, Foreign Exchange Management Act, Prevention of Money Laundering Act, Reserve Bank of India Act, etc. as well as the regulatory guidelines issued from time to time, the standards and codes prescribed by BCSBI, FEDAI, FIMMDA, etc. and also the Bank’s internal policies and fair practice code
About the Role
The Transaction Monitoring team is responsible for monitoring transactions to ensure compliance to the Anti Money Laundering provisions of Law / Regulation. They are also responsible for processing and submission of suspected transaction reports and handling queries from LEA/Statutory Authorities
Key Responsibilities
- Monitor transactions in the account from Anti Money Laundering perspective.
- Prepare notes on suspicious transactions for reporting.
- Contribute in improving processes / policy and compliance standards.