Transaction Monitoring Specialist

1 week ago


Noida, Uttar Pradesh, India Paytm Full time
About Us: Paytm is India's leading digital payments and financial services company, focused on driving consumers and merchants to its platform through various payment use cases. The company provides consumers with services like utility payments and money transfers, empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Net banking, Paytm FASTag, and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR, and Payment Gateway, where payment aggregation is done through PPI and other banks' financial instruments. To enhance merchants' business, Paytm offers commerce services through advertising and the Paytm Mini app store. The company operates on this platform leverage, offering credit services such as merchant loans, personal loans, and BNPL, sourced by its financial partners.About the Team: The AML Compliance team, part of the Legal and Compliance function, ensures compliance with Anti-Money Laundering / Know Your Customer / Sanctions regulations applicable to the company.About the Role: This role involves handling AML transaction monitoring personnel who analyze transactions to determine suspicion from a Money Laundering perspective. The responsibilities include reviewing transaction monitoring alerts generated by the AML system to determine suspicious nature from a Money Laundering / Terrorist Financing (ML/TF) perspective, reviewing cases referred by business, risk, and other teams to analyze and determine suspicion from a ML/TF perspective, and preparing Ground of Suspicion for filing of Suspicious Transaction Report to Financial Intelligence Unit, India. Other related activities may be required.Key Skills: 1. Minimum 7+ years of experience in AML Transaction monitoring domain. 2. Analytical skills and ability to use spreadsheets effectively. 3. Good communication and strong interpersonal skills. 4. Basic knowledge of the business model of Fintech and various products and services offered by them. 5. Awareness of RBI AML/KYC directions/guidelines. 6. Team player, detail-oriented, and capable of working in a high-pressure work environment.Education: A Graduate is a must or Post Graduation is preferred.Why Join Us: A collaborative output-driven program that brings cohesiveness across businesses through technology. Improve the average revenue per user by increasing cross-sell opportunities. Solid 360 feedback from peer teams on your support of their goals. Respect, earned, not demanded from your peers and manager.Compensation: If you are the right fit, we believe in creating wealth for you. With enviable 500 mn+ registered users, 21 mn+ merchants, and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to

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