Job Description
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
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