Principal Officer (MLRO), India

We are looking for a Principal Officer (MLRO/Compliance) to join our extremely fast-growing global Fintech business. The ideal candidate will be comfortable in a fast-paced, multi-tasking and high energy environment.  

Location

Bangalore, India

What you’ll be spending your time on:

• Possess an awareness of regulatory India AML/CTF/sanction compliance environments as well as an interest to self-educate on new topics and changing requirements.
• Partner with AML Investigators in order to understand their workflow and to utilize their feedback, where appropriate, to strengthen the quality of AML and EDD Analytics work product.
• Partner with Business Line (BL) contacts to fully-understand Payoneer product offerings, embedded BL compliance functions, and where the AML and EDD Analytics team can provide value in terms of risk coverage and mitigation.
• Lead the development and improvement of new reporting functionality and transaction monitoring channels for AML and KYC EDD support purposes.
• Create professional program/reporting documentation in support of AML Monitoring, EDD and Sanctions
• Work with technology, product, operations, and senior AML management to drive the Financial Crimes Compliance.
• Professional presentation skills for audiences including but not limited to senior leadership, regulatory and business partners.
• Manage escalations from Operations teams relating to KYC, onboarding and Risk Investigations
• Be appointed as the Principal Officer of the Payoneer India entity, and ensure compliance with the relevant India regulations relating to AML/CTF/sanction compliance and report/liaise with India regulatory bodies as necessary, including the following:

• • AML/KYC/CFT Compliance: overseeing and ensuring overall compliance with regulatory guidelines on KYC/AML/CFT issued from time to time and obligations under the Prevention of Money Laundering Act, 2002, rules and regulations made thereunder.
  • Risk Profiling: Risk profiling and reporting suspicious transactions to the FIU-IND.
  • Reporting to the FIU-IND: Submitting Suspicious Transaction Report (“STR”) and Cash Transaction Report (“CTR”) to the FIU-IND.
  • Conducting Due Diligence: In coordination with other relevant teams, conducting due diligence to identify and report suspicious transactions.

• Provide constructive feedback and guidance to analysts
• Research and conduct analytics
• Manage production and quality results
• Lead an Enhanced Due Diligence function
• Lead change; resolve conflict

What we’re looking for:

• Bachelor's degree with relevant work experience (e.g. appointment as the Principal Officer of other payment companies)
• 5+ years of financial experience in the compliance, AML/CTF or Sanctions Screening disciplines
• CAMS certification or equivalent is preferred
• Has a comprehensive understanding of AML/CTF/sanction controls
• Experience in building and leading a team with a proven record of results
• Strong investigative and research skills
• Strong professional presence to support regular interactions with senior management
• Able to work in a fast-paced, deadline-driven environment
• Excellent interpersonal, verbal, and communication (including presentations) skills
• Proficient computer skills, especially Microsoft Office applications
• Experience in dealing with India based regulatory bodies

Is this you?

The Payoneers are:

Accountable | Adaptable | Collaborative | Communicative | Fast Learners | Independent | Motivated | Problem Solvers | Resilient | Technically Proficient

#LI-SL1