Industry- Fintech

Function- Legal

Required Skills: Exposure to Payment sectors, Able to analyze & review Compliance , Good stakeholder management skills, Compliance / AML monitoring , Experience in BFSI /Fintech compliance

Work Mode : ONSITE

Working Day : 5

Office Location : 7th Floor, Tower C, DLF Cyber City, DLF Phase 2, Sector 24, Gurugram, Haryana 122002

Mandatory Criteria

1. Candidate Should have dealt with Regulatory audits (RBI audits / Inspections) & communicated with regulators actively on compliance related matters.

2. Prefer compliance persons from NBFC/bank who has experience in handling lending processes, AML compliance, product compliances etc.

3. 8 + years in Compliance / AML monitoring and oversight in BFSI / Fintech

4. Any CS / LLB / MBA

5. Candidate should have understanding of Digital Lending guidelines.

Description

In this role

You will lead compliance of KYC & AML & assist in various regulations applicable on NBFC, Payment Aggregator, NPCI etc. and monitor implementation of key internal policies. Add value by acting as a facilitator in compliance & help organization accomplish its objectives by bringing a systematic and disciplined approach.

Responsibilities will include..

Function Expertise

Maintain oversight of developments in the BFSI, Fintech regulatory environment.

Anti Money Laundering (AML):

Develop internal procedures to prevent money laundering.

Build new scenarios/rules, create BRDs, and evaluate exception reports and alert closures.

Evaluate the performance of AML monitoring tools and negative list screening.

Review policies and procedures in the AML program (KYC/CDD/EDD).

Ensure information consistency with AML policies and regulatory requirements.

Support an annual review of the AML monitoring system and process.

Drive compliance program and monitor systems.

Compliance reviews:

Ensure policies and procedures are followed and monitor improvements.

Monitor regulatory changes:

Interpretation and dissemination of information to departments for implementation.

Focus on self-learning and development on relevant guidelines.

Maintain and periodically review necessary policies under various regulations.

Problem Solving

Proactively manage potential regulatory risks.

Identify inconsistencies in data and transactions:

Formulate strategic recommendations on policies, procedures, and practices.

Develop solutions to address specific challenges faced by business units in regulatory compliance matters, including impact assessments.

Guide transaction monitoring teams:

Address critical areas such as suspicious transactions and name match as per screening output.

Conduct process audits/reviews:

Escalate high-risk issues to management.

Identify and inform changes in legislation and regulatory requirements relating to AML.

Monitor and report critical gaps during reviews:

Recommend corrective actions.

Interaction

Guide and support internal teams:

Conduct face-to-face training for internal teams and business units.

Liaison/follow-up with inter-departments:

Ensure timely completion/updating of compliance tasks.

Report suspicious transactions:

Report to regulators (e.g., FIU) and other stakeholders (e.g., Partner Banks).

Assist the Head of Compliance:

Provide updates to senior management on critical compliance issues for immediate attention and escalation.

To succeed in the role..

Qualifications:-

Any CS / LLB / MBA with at least 6 years of experience in BFSI /Fintech compliance space focusing on AML and KYC related compliance.

Experience in BFSI & Fintech (Prefer compliance persons from NBFC/bank who has experience in handling lending processes, AML compliance, product compliances etc . Should have dealt with Regulatory audits (RBI audits / Inspections) & communicated with regulators actively on compliance related matters).

Skills, experiences & behaviors :-

8 + years in Compliance / AML monitoring and oversight in BFSI / Fintech

Exposure to Payment sectors preferred

Analytical bent of mind with a demonstrated strength in being able to analyze, review compliance

Should be responsible, transparent, reliable & accountable with good stakeholder management skills.