Compliance - AML Analyst

Job Title: AML - Analyst

Company

Credila Financial Services Limited

Location

Mumbai

Department

Compliance

Travel

No

About the Company

Credila Financial Services Limited (Formerly known as HDFC Credila Financial Services Limited) is one of India’s largest education loan non-banking financial companies (NBFCs) offering education loans to Indian students. With an in-depth understanding of the higher education domain in India as well as overseas, Credila offers tailor-made education loan solutions that help enable students to be financially equipped to pursue their education at their dream university and country of study. Since inception, Credila has funded 178,000+ Indian students across 63 countries in 4,600 institutes.

Job Description

The Anti-Money Laundering (AML) Analyst plays a critical role in ensuring that the organization adheres to legal and regulatory requirements related to the prevention of money laundering, terrorist financing, and other illicit financial activities. This position involves analyzing transactions, identifying suspicious activity, and supporting the implementation of AML programs and procedures to safeguard the integrity of the organization’s operations.

Key roles and responsibilities

ü  Review and analyze financial transactions to identify unusual, suspicious, or potentially fraudulent activities that may indicate money laundering or other financial crimes.

ü  Investigate alerts generated by the transaction monitoring system, escalate suspicious cases, and document findings in accordance with company policy.

ü  Prepare and submit Suspicious Activity Reports (SARs) to relevant authorities (e.g., Financial Intelligence Units, regulators) in a timely and accurate manner.

ü  Maintain thorough documentation of suspicious activity investigations and ensure compliance with internal reporting protocols.

ü  Stay updated on local and international anti-money laundering regulations, industry best practices, and emerging threats.

ü  Assist in audits, inspections, and reviews of AML processes and controls to ensure the organization is in compliance with all relevant legal and regulatory requirements.

ü  Work closely with internal stakeholders, including legal, compliance, risk, and operations teams, to ensure timely and effective resolution of identified risks.

ü  Assist in the preparation of reports and presentations for senior management and regulatory authorities.

ü  Participate in the development and delivery of AML training programs for staff.

ü  Raise awareness within the organization on AML policies and procedures.

ü  Maintain accurate records of investigations and findings for future reference and audit purposes.

ü  Generate regular reports on trends and emerging risks within the AML environment.

Qualifications

ü  Bachelor’s degree is preferable to having Compliance and/or Legal background.

About Company

Credila, a subsidiary of HDFC Ltd., is India’s first dedicated education loan company, providing customized education financing solutions for students pursuing higher studies in India and abroad.

Services you might be interested in

Improve Your Resume Today

Boost your chances with professional resume services!

Get expert-reviewed, ATS-optimized resumes tailored for your experience level. Start your journey now.

Know more