Chief Compliance Officer

This is a high-profile opportunity for a detail-oriented Compliance Risk Manager to play a pivotal role in ensuring regulatory compliance and industry standards are met.

Key Responsibilities:

• Conduct thorough risk assessments on transaction monitoring alerts, including independent research to identify and mitigate potential risks.
• Support the development of system rules for transaction monitoring by providing data, insights, and analysis to enhance system efficiency and robustness.
• Develop and refine system rules for transaction monitoring to efficiently detect complex red flag indicators, ensuring proactive risk mitigation.
• Manage internal and external service level agreements (SLAs) for alerts to maintain 100% compliance. Utilize advanced tools to track SLAs and establish controls for adherence.
• Gain expertise in investigative tools such as Dow Jones, World-Check, and other relevant platforms to comprehensively identify and address potential risks.
• Identify, escalate, and resolve risks/issues with urgency, ensuring adherence to compliance timelines and protocols.
• Collaborate effectively with oversight teams, business partners, and stakeholders to address identified gaps and implement sustainable solutions.
• Conduct Enhanced Due Diligence (EDD) on high-risk customers by leveraging risk categorization frameworks and ensuring detailed reporting.
• Maintain expertise in sanctions, Politically Exposed Persons (PEP) screening processes, and international compliance requirements to strengthen risk management capabilities.
• Design and maintain comprehensive dashboards for committees to provide real-time insights into key compliance metrics and emerging risks.
• Conduct periodic risk assessments to identify emerging threats, develop mitigation strategies, and ensure alignment with regulatory expectations.
• Provide comprehensive audit information to internal and external auditors in a structured and organized manner.
• Ensure continuous improvement and effectiveness of the Compliance program by fostering a best-in-class compliance culture across the organization.

Requirements:

• A strong academic qualification such as CA, MBA, CAMS, or LLB is preferred. Prior experience in AML compliance will be considered an added advantage. Overall 6+ years of experience is required.
• Sound understanding of global anti-money laundering trends, along with RBI-issued regulations applicable to commercial banks and payment operators, particularly in the context of AML/KYC compliance.
• Self-motivated, dependable, and adaptable with strong attention to detail. Proven ability to work effectively both independently and within a collaborative team environment.
• Familiarity with applicable laws, regulations, and enterprise-wide policies. Capable of interpreting and applying them in the context of local compliance standards.
• Excellent collaborative skills to foster positive working relationships with peers, compliance counterparts, and business stakeholders.
• Proficient in managing multiple stakeholders and providing timely guidance and support to business partners.
• Exceptional verbal and written communication abilities, with the capacity to interact effectively with senior management.
• Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint, to ensure effective documentation and reporting.