Sr.Manager - AML & Compliance

Location: Gurgaon

Salary Range: Rs. 28,00,000 - 00,000 / month Job Type: Permanent

Job Description

Job ID: 1517 April 3, 2025 7358506922

In this role, you have the opportunity to..

… work in critical areas of Compliance, Governance for BharatPe with some of the brightest minds in the industry who are truly focused at building #bharatpeforbharat.

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.


Mandatory Criteria (Can't be neglected during screening) :
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.


Company Name: BharatPe
Website: https://bharatpe.com
Required Skills: Company Name: BharatPe
Website: https://bharatpe.com
Work Mode : ONSITE
Working Day : 5
Office Location : 7th Floor, Tower C, DLF Cyber City, DLF Phase 2, Sector 24, Gurugram, Haryana 122002r, Tower C, DLF Cyber City, DLF Phase 2, Sector 24, Gurugram, Haryana 122002

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

Posted by: Hafeela Banu

Phone: 7358506922

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Location: Gurgaon,India

No of Vacancies: 8

Job Sector: Banking, Insurance, Finance

Job Type: Permanent

Experience: 8 - 12 Years

Salary Range/Rate: Rs.28,00,000-00,000/month

Posted by: Hafeela Banu

Phone: 7358506922

Apply now

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