Compliance Officer & MLRO, Gift City, Gujarat
Posted
Key Responsibilities:
- Promote and enhance the compliance, risk and governance culture within TMF in India (‘the business’);
- Act as the Compliance Officer and MLRO (Designated Officer) for the business;
- Establish- and maintain- constructive relationships with the respective regulators, auditors and other relevant institutions;
- Produce and maintain appropriate AML/CFT, Compliance and Risk policies and procedures for the business and ensure that they are maintained in line with local regulatory requirements, as well as Group requirements and frameworks;
- Advise the Boards and Management on AML/CFT, Compliance, Risk Management issues, escalating any specific items that require special attention to the MD, Risk & Compliance Market Head and Group Compliance.
- Support the delivery of AML/CFT, Compliance and Risk training to all staff (induction training and ongoing training) working with HR to ensure appropriate training records are maintained;
- Issue regular reports to the Board and Group Compliance on AML/CFT, Compliance and Risk including information on regulatory changes; regulatory interaction; breaches, errors, omissions and complaints; progress in implementing recommendations arising from internal audits, external audits, regulatory visits and compliance monitoring activities; and items escalated to the Board , Market Head of Risk & Compliance and Group Compliance during the reporting period;
- Receive all suspicious activity reports and liaise internally and externally as appropriate;
- Liaise with Group functions, specifically in term of AML/CFT and sanctions checking, risk assessments, governance frameworks and insurance;
- Work with Group to maintain and embed within the business the Enterprise Risk Model;
- Working with the MD to maintain the legal entity governance framework for the business;
- Provide support to the local teams and Group to ensure that certifications are maintained.