PayU | Hiring | Director AML Compliance | BigDataKB.com | 2022-09-16

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Job Location: Mumbai (All Areas)

Roles and Responsibilities

Oversee the transaction monitoring team, including training, hiring coaching and managing staff

– Work with Square Compliance leads to provide strategic planning on team growth, organizational structure, focus areas, and quarterly goals

– Develop and maintain policies as well as procedures applicable to the team; including iterating on existing workflows to improve and add efficiency

– Work with other Compliance team members to develop technical specifications for tool enhancements or new tool build-out

– Understand regulatory landscape and compliance requirements; with emphasis on applicable BSA/AML requirements that include customer identification procedure, due diligence best practice, and anti-money laundering protocols

– Maintain up-to-date knowledge on regulatory changes and landscape

– Provide guidance and insight on merchant account analysis, including handling account escalations from junior team members

– Ongoing monitoring and review of the transactional activity for the existing customers and to report STRs to FIU India.

– Sharing Data and Mis to management on a daily basis and adherence to SLA.

– Develop strong work relationship with stakeholders and ensure open communication, transparency and expectation managed appropriately at all times.

– Preparation of modules on topics related to compliance including code of conduct guidelines and regulations.

Qualifications

20+ years in a compliance and/or compliance operations role with a financial services firm, preferably in the payment or banking industry- Management experience leading teams in a dynamic and expeditious setting

– Extensive knowledge and expertise of AML regulations, risks and typologies

– Strong operational knowledge in executing and running a sound Compliance program, preferably with hands-on knowledge of MSB and relevant regulatory requirements

– Proven ability to work with in a fast-paced creative environment

– An independent executor who can perform flawlessly

– CAMS certification preferred

Desired Candidate Profile

Fraud Management (Prevention & Investigation – Financial Crimes)

Risk Management/Portfolio Management

Strategic Planning

Process Reviews & Improvements Compliances &Governance

Management Reporting

Business Analyst

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