Transaction Monitoring Specialist

1 day 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 by offering various payment use cases. The company provides consumers with services like utility payments and money transfers, while 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 further enhance merchants' business, Paytm offers commerce services through advertising and Paytm Mini app store. The company then offers credit services such as merchant loans, personal loans, and BNPL, sourced by its financial partners.About the Team: AML Compliance, a part of Legal and Compliance function in the organization, is responsible for ensuring compliance with Anti Money Laundering / Know Your Customer / Sanctions regulations applicable to the company.About the Role: This role involves handling AML transaction and monitoring personnel who can analyze transactions patterns to determine suspicion from a Money Laundering perspective. The ideal candidate will have experience in reviewing transaction monitoring alerts generated by the AML system to determine suspicious nature from a Money Laundering / Terrorist Financing (ML/TF) perspective. They will also review cases referred by business, risk, and other teams to analyze and determine suspicion from a ML/TF perspective. Additionally, they will prepare Ground of Suspicion for filing of Suspicious Transaction Report to Financial Intelligence Unit, India. The role requires strong analytical skills, good communication and interpersonal skills, and basic knowledge of the business model of Fintech and various products and services offered by them. The ideal candidate should be a team player, detail-oriented, and capable of working in a high-pressure work environment. The role requires a minimum of 7+ years of experience in AML Transaction monitoring domain. The ideal candidate should have a Graduate degree 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 your peer teams on your support of their goals. Respect, that is 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, 21mn+ 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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