Fraud, Risk, and AML Lead

Position: 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 an understanding of AML databases like Lexis Nexis, Accuity, World-Check, etc, is preferred.

Location :
Mumbai