Compliance Officer & AML Principal Officer

Key Responsibilities

Compliance

• Draft, maintain, and implement Compliance Manual, Compliance Monitoring Programme (CMP), and Compliance Calendar
• Horizon scanning for regulatory updates; advise business on implications
• Compliance Risk Assessment, Control Mapping, and Testing
• Regulatory filings & reporting: IFSCA, SEZ, and other statutory authorities
• Product filings, KMP/PO notifications, outsourcing & third-party management
• Complaint handling and grievance redressal compliance oversight
• Business Continuity, Cybersecurity & Data Protection compliance oversight
• Marketing and financial promotions review
• Assisting head office towards preparation of monthly management committee reviews and quarterly board meeting presentations
• Conduct of Compliance training

AML / Financial Crime

• Draft and maintain AML Manual, KYC/CDD/EDD processes, Risk Rating & V-CIP procedures
• Horizon Scanning for FATF updates, UNSC updates, etc.; advise business on implications
• Customer, distributor and vendor onboarding approvals (Name Screening, CDD, EDD, Sanction Checks etc.)
• Transaction monitoring, sanctions updates, STR/SAR filings, FATF/UNSC updates
• Liaison with IFSCA, CKYC, and FIU-IND for all AML matters
• Conduct AML Business Risk Assessment & grey geography checks
• AML dashboards, audits, thematic reviews & training
• Advisory to internal stakeholders on AML obligations
• Maintenance of AML dashboard
• Conduct of AML training

Audit & Process Oversight

• Support concurrent, internal audits and other specialised audits,
• Liaison regulatory inspections and risk reviews
• Maintenance of audit tracker and reporting dashboards to senior management

Candidate Profile

• 10+ years in Insurance / Banking / Financial Services (Compliance/AML)
• Qualified CA /CS or MBA (Finance)
• Deep knowledge of IFSCA, Insurance Act, PMLA, FATF standards
• Hands-on, ownership-driven, calm under pressure, business-aware