Manager AML Testing & Monitoring

Interactive Brokers

  • Full Time

Interactive Brokers is looking to hire an AML Compliance Manager with strong analytical and technical skills to join our AML Compliance Control Testing & Monitoring Team, a part of our Model Governance and Risk Group in our Mumbai Office. This position will report directly to a US AML Compliance Testing & Monitoring Manager. The primary role will be to assist with testing to ensure the firm complies with the Bank Secrecy Act, USA PATRIOT Act, anti-terrorist financing, sanctions, industry AML, and securities laws and regulations related to Model Governance and Risk.

In addition, the Manager will also be responsible for performing AML Coverage Assessments and overseeing the Change Management process initiated by a business or technical team within Compliance, tracking project progress and recordkeeping.


Day-To-Day Responsibilities Include:

  • Perform Functional Testing, UAT Testing, and Quality Control Reviews
  • Conduct testing and monitoring activities, including developing test plans, test data collection, developing test instructions, and performing an adequacy review of policies and procedures.
  • Analyze test results and summarize a list of observations from testing.
  • Assist with preparing executive reports summarizing test results and conclusions.
  • Provide support with the maintenance of a Control Library.
  • Perform AML Product Risk Assessments on new products, venues, and services.
  • Perform Global AML Coverage Assessments
  • Ensure the accuracy of the Change Management-related documentation developed by Business and Technical Teams.
  • Prepare management information, including collecting, analyzing, and summarizing data and trends.
  • Work collaboratively with stakeholders across Compliance and Programming.
  • Perform qualitative and quantitative analysis of data.

The ideal candidate will have 5+ years of Anti-Money Laundering (“AML”) Experience, including Investigations, Sanctions, Enhanced Due Diligence, and Suspicious Activity Reporting with a Financial Institution (preferably at a large broker or other financial institution with an international client base). Additionally, experience in internal audit, legal, accounting, or other control functions of a financial services firm or regulator would be beneficial. 


Qualification Include:

  • Bachelor's or Master's Degree
  • Functional Testing and User Acceptance Testing (“UAT”) using different software tools (SQL, Jira, in-house applications)
  • Experience in US and Foreign AML Regulatory regimes
  • Understanding financial crimes data
  • Understanding of the Software Development Life Cycle (“SDLC”) and the importance of Change Management methodology
  • Language skills: Fluent English
  • High comfort and fluency with computers and technology and understanding of how technology is applied to business and regulatory problems
  • Fluent with all MS Office tools, particularly Excel and PowerPoint
  • Excellent oral and written communication skills
  • Detail-oriented with organizational and project management skills
  • Ability to work both independently as well as in a small-team environment and to multi-task with minimal supervision
  • ACAMS, CFE, CFCS, Series 7, or other FINRA licenses or certifications a plus
  • Knowledge of trading products (Equities, Options, Futures, FOREX, and Crypto) as well as applicable regulatory requirements, industry standards, risk management and controls

Preferred Qualifications Include:

  • Experience with SQL
  • Experience using Jira and JQL queries


Company Benefits & Perks: 

  • Competitive salary package.
  • Performance-based annual bonus (cash and stocks).
  • Hybrid working model (3 days office/week).
  • Group Medical & Life Insurance.
  • Modern offices with free amenities & fully stocked cafeterias.
  • Monthly food card & company-paid snacks.
  • Hardship/shift allowance with company-provided pickup & drop facility*
  • Attractive employee referral bonus.
  • Frequent company-sponsored team-building events and outings.

Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

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