Vice President, Team Lead of AML/KYC Advisory & Surveillance Operations, Legal Compliance and Secretariat

About DBS

DBS Bank has been present in India for 30 years, opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly owned, locally incorporated subsidiary of a leading global bank. As a trusted partner, DBS provides a range of banking services for large, medium, and small enterprises and individual consumers in India, focusing on a seamless customer experience that helps them ‘Live more, Bank less’. In November 2020, erstwhile Lakshmi Vilas Bank was amalgamated with DBS Bank India Limited. DBS Bank India now has a network of ~500 plus branches across 19 Indian states.

Job Purpose and Requirements

The Head of AML/KYC Advisory & Surveillance Operations position is a holistic role covering various aspects of internal and regulatory requirements – leading the AML/CFT/KYC/CDD process and risk for the Bank; cater to AML/CFT transaction surveillance unit, ensuring sanctions compliance and continuous upliftment of preventive and detective controls; besides handling the regulatory aspects of PMLA and RBI KYC Directions. The candidate will independently manage the AML/KYC/Sanctions/Transaction Surveillance, function as the alternate Principal Officer and report to the Executive Director, Principal Officer & Head Financial Crime Compliance.

In the role, the candidate will handle the development and implementation of processes and technology systems to detect AML/CFT for the bank in India while working in close alignment with the Group for enterprise-wide solutions, closely collaborate with the Business units and support units in establishing processes and controls around AML/CDD/KYC/CFT/Sanctions.

Execution

• Be responsible for overall management of AML/CFT/Sanctions/KYC Advisory and AML/CFT transaction surveillance activities for the bank

• Ensure that the bank complies with regulatory and internal guidelines related to AML/CFT/Sanctions/KYC/CDD

• Work with stakeholders including business and support units to foster a strong risk and controls culture within the organization

• Manage the team effectively and ensure that team members are highly engaged and facilitate joyful employee experience