Utkarsh Small Finance Bank Recruitment 2024

Utkarsh Small Finance Bank Recruitment 2024 | Experienced | Risk Management & Compliance | Graduate | December 2024 |

Company’s Name :- Utkarsh Small Finance Bank Limited (USFBL)

Utkarsh Small Finance Bank Limited (USFBL),(NSE/BSE UTKARSHBNK) incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on providing microfinance to the underserved and unserved sections of the country. The Bank’s lending activities are primarily focused in rural and semi-urban locations of the country while its other services are spread across the country. The Bank commenced its operations on January 23, 2017, pursuant to the small finance banking licence granted by RBI on November 25, 2016.The Bank extends microfinance loans based on Joint Liability Group (JLG) model to individuals, other retail asset loans including Micro, Small and Medium Enterprise (MSME) Loans, Housing Loans (HL), Personal Loans, Commercial Vehicle Loans, Construction Equipment Loans and Wholesale Lending to borrowers. The Bank offers a slew of digital services such as Internet and Mobile Banking, Digi On-Boarding, and an online account opening facility for clients, besides a range of ATMs and Micro ATMs for ease of transactions, amongst others.

Name of Post :- Risk Management & Compliance 

Stipend :- Not Disclosed 

Eligibility :-  Graduate 

Experience :- 1 – 3 Years 

Job Location  :- Varanasi

No. Of Posts :- 10 Vacancies

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Job description :- 

Role & responsibilities :

  • Knowledge of RBI Master direction and various circulars related to KYC/AML (Prevention of Money Laundering Act), FIU-IND Guidelines
  • Analysis of AML alerts emanating from system to establish the ground of suspicion
  • Perform further investigation on identified suspicious client and clients transactions and report to KYC/AML compliance officer
  • Ensuring to proper analysis of red flags/alert generated by AML System in the account.
  • Forward AML alerts to the branches for carrying out enhanced due diligence and follow up for ultimate closure of Alerts. 
  • Knowledge of Customer Risk categorization and screening of the customer.

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