Fraud Risk and AML Lead

Job Description:
• Review AML alerts, identify potential STRs, and share with the Principal Officer for further review.
• Review transaction fraud and risk alerts and take appropriate action.
• Candidate should be familiar with the AML/KYC Master Directions published and updated by RBI from time to time.
• Candidate must have an understanding of AML/Fraud & Risk requirements wrt PPI, Payments Bank, PA/PG, BBPS, etc.
• Work with stakeholders to drive AML tech and product-related activities.
• Assist in building the control and monitoring framework for regulatory compliance with respect to AML.

Skill set required:
• Skills to closely manage transaction fraud and risk investigations and review AML alerts.
• Must have strong analytical skills and the ability to assess changes in regulations or laws under which the products operate.
• Must be strong in decision making, and problem-solving and provide guidance to other colleagues and clients in complex situations.
• Must have a good understanding of regulations, logical thinking, and the ability to engage and influence cross-functional teams.

Experience:
• Must have 5-6 years of working knowledge of PMLA implementation, STR review and filing criteria on FINNET portal of FIU-IND.
• 5 to 6 years of strong experience in handling Audit/ Compliance/ Product / Process documentation and implementation requirements for PPI, Payments Banks, PA/PG, BBPS, etc.
• A minimum of 10 years of working knowledge of the PMLA and its implementation of guidelines.

Qualification:
• Must be a full-time graduate in any discipline.
• Working knowledge of MS Office is preferred.
• Must have worked in AML teams from Fintech and Banks industry having anunderstanding of AML databases like LexisNexis, Accuity, World-Check, etc, is preferred.

Location:

Mumbai