Compliance Officer

Company description:Bharat FinOps IFSC Pvt. Ptd. is an aspiring global financial services firm with presence in the Gift City in Gujarat, India. The entity is able to leverage the expertise of Policies, Brand, Expertise and Clientele from other related on-going financial services entities head-quartered in Singapore. We facilitate the opening of bank accounts, enable their ongoing management, and ensure their reliable, secure, and efficient cross-border fund flows. We achieve this through an extensive network of global partner banks, a robust in-house open banking platform, and our competent team that delivers knowledgeable private banking experience of pro-active, high quality customer service – across time zones. We are looking for an experienced and enterprising Compliance Officer (Principal Officer) to join an international team of experts in banking, compliance, and corporate account management to drive our growing operations.Job description and responsibilities: Carrying out ongoing monitoring of business relations for compliance with the regulatory requirements and company’s policies, procedures and processesTaking overall charge of all AML/CFT matters within the organizationInforming employees, officers and representatives promptly of regulatory changesEnsuring a speedy and appropriate reaction to any matter in which ML/TF is suspectedReporting of suspicious transactions to FIU-IND Advising and training employees, officers and representatives on developing and implementing internal policies, procedures and controls on Compliance, including AML/CFT Reporting to Senior Management on the outcome of reviews of the company’s compliance with the regulatory requirements and company’s policies and procedures Guidelines Reporting regularly on key AML/CFT risk management and control issues, and any necessary remedial actions, arising from audit, inspection and compliance reviews to the Senior Management Conduct client onboarding and ongoing due diligence, together with the Client Success Management team, including name screening and transactions monitoring, in compliance with the Company procedures and regulatory requirements Preparing the internal and regulatory reports in a timely and accurate manner Conducting periodic Business and AML/CTF Risk Assessment Review and amend regularly Compliance policies, procedures, manual and working instructionsProvide advice to the Client Success Management team regarding transactions documentation and clients’ ongoing monitoringSupport the implementation and maintenance of Compliance systems Assist the Chief Risk Officer and business management in preparing documentation for new business licenses when applicableConduct look-back and remediation activities when requiredAssist the Chief Risk Officer in preparing the documentation for various audits and regulatory inspections info.india@brucbond.com Prepare the training materials and deliver the regular Compliance trainings, including AML/CTF trainingMaintain the Compliance documents and records in line with the Company standards and procedures. Requirements for performing the role effectively: English proficiency (written and verbal)Solid technical understanding of financial regulations affecting AML/CTF, including KYC, transactions monitoring, and sanctions screening processExcellent knowledge of RBI and India FIU regulations is a mustEvidence of robust & effective regulatory communication & reporting experienceExcellent organizational and communication skillsAbility to work independently and manage projects with an organization-wide perspectiveHigh level of accuracy and attention to detailProficiency in MS Office and other editing tools with ease of adaptation to other emerging digital technologies with demonstrated ability to create thoughtful presentationsDegree qualified, with minimum 7 years relevant work experience in AML/CTF roles, including as Principal Officer, in financial services or payments industry, mainly in corporate clients environmentProfessional Certification(s) in the area of Compliance or AML/CTF and/or Financial Services Risk ManagementAbility to engage internal and external stakeholders and advise and make recommendations on regulatory company policies The Role offers: Opportunity for professional and personal developmentOpportunity to work in globally diverse work environment and marketsLocation: Gandhinagar, IndiaPosition type: Full-timeStart date: Ideally ImmediateLocal and international trips may be required