This role supports TIAA’s enterprise-wide AML/BSA Program to ensure regulatory requirements are met, and to protect the institution from financial crimes risks.  This individual is also responsible for supporting the AML target operating model. The role would be responsible for leading and building the AML and Sanctions Operations CoE in India. The position supports broader planning of AML Compliance programs in order to ensure organization functions are in compliance with all relevant laws, regulations, and, policies, and to prevent illegal, unethical, or improper business practices within the organization. This role focuses on projects and processes to identify, investigate, and report compliance risks, and identifies and implements efficiencies and technology that support Risk and Compliance processes. This role may also support other Risk and Compliance functions, including reporting, monitoring plan administration, and regulatory change management.

• Assists with performing all phases of compliance monitoring and surveillance activities, including data collection, developing the scope, documenting applicable risks and controls, developing reproducible scripts, analyzing and interpreting findings, documenting and tracking issues and observations, and drafting written reports.
• Monitors, tracks, designs, and implements corrective action plans to resolve compliance issues and to ensure that compliance deficiencies are corrected.
• Identifies and implements preventative measures, compliance processes, revised policies and procedures to improve the general operation of business unit compliance programs.
• Responsible for developing an understanding of various Bank Secrecy Act (BSA)/ Anti-Money Laundering (AML) monitoring and Sanctions screening programs
• Oversite over Watch List Filtering screening – Quality Control (QC) /Quality Assurance (QA) process
• understanding of various systems to support AML model tuning and optimization
• Collaborate with other operations analysts to contribute to the development of AML detection models
• Assists with administering the firm’s process for identifying and addressing regulatory changes that are impactful to the firm
• Synthesizes structured and unstructured data related Risk and Compliance monitoring and testing, issues, regulatory changes, programs, and assessments.
• Supports efforts to identify and implement efficiencies and technology enhancements, such as automation and robotics, to support Compliance processes. Liaises with Compliance, Risk and IT teams as needed.
• Maintain strong relationships with global and local stakeholders to understand emerging trends from Risk and Compliance perspective.

• Must be extremely detail-oriented with a very inquisitive nature, and possess sound judgement while operating with utmost integrity.
• Strong organizational and problem-solving skills along with the ability to conduct research utilizing a variety of resources. Must be comfortable issue spotting.
• Strong time management, analytical skills and ability to formulate, develop and execute strategic initiatives will be critical for success.
• Must have strong written and oral communication skills to interact effectively with business partners and colleagues.
• Comfortable in a high performance, fast paced, high-pressure environment and have exceptional partnering skills as teamwork and collaboration are highly valued.
• Exposure and experience in using risk and monitoring tools and techniques.
• Exposure to data mining techniques / tools would be an added advantage

• Experience in a financial services firm in a Risk & compliance monitoring function.
• Knowledge of US-based regulatory requirements for financial firms would be added advantage.
• Strong Microsoft Office skills (Powerpoint, Word and Excel / pivot tables)
• ACAMS certification