Description: Exp - 4 - 5yrs

Location - Mumbai

Job Description:

The Compliance and AML Analyst will support the Compliance function in ensuring adherence to regulatory and internal compliance requirements of the NBFC. The role involves oversight and execution of Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) processes, regulatory reporting, compliance monitoring, and providing analytical support in audits, inspections, and management reporting.

Key Roles and Responsibilities:

AML/CFT Compliance

- Ensure effective implementation of AML/CFT policies and procedures in line with PMLA, RBI Master Directions, and FIU-IND requirements.

- Conduct sanction screening and transaction monitoring on an ongoing basis; escalate suspicious activities in line with internal procedures.

- Prepare and file STRs, CTRs, and other regulatory reports through FINNET 2.0.

- Maintain and periodically update customer risk categorization and due diligence records.

- Assist in AML system validation, scenario tuning, and parameter review exercises.

- Coordinate and support FIU-IND queries, inspections, and information requests.

- Maintain thorough documentation of suspicious activity investigations and ensure compliance with internal reporting protocols

Compliance Monitoring & Reporting

- Support in RBI and regulatory return filings and ensure timely submissions.

- Conduct compliance testing and follow-up on action plans arising from audit and inspection observations.

- Assist in maintaining a compliance calendar, ensuring timely tracking of regulatory developments and circulars.

- Prepare compliance dashboards, reports, and presentations for submission to senior management, Audit Committee, and the Board.

Advisory & Research

- Undertake research on RBI guidelines, circulars, and NBFC-specific regulations to assist in interpretation and implementation.

- Support the advisory function by analyzing regulatory requirements and their applicability to new products, services, or business models.

Training & Awareness

- Support in the design, delivery, and periodic review of AML/CFT and regulatory compliance training across the organization.

- Maintain training records and ensure ongoing compliance awareness among staff.

Audit & Inspection Support

- Liaise with internal and external auditors, RBI inspection teams, and other regulatory agencies as required.

- Ensure proper documentation, tracker and closure of compliance observations and inspection findings.

Qualifications:

- Bachelors degree in commerce, Law, or related discipline. Candidates with a compliance and/or legal background preferred.

Experience & Skills:

- 4-5 years of experience in anti-money laundering/financial crime compliance and related NBFC compliance roles.

- Strong knowledge of PMLA, FIU-IND reporting requirements, and RBI NBFC regulations.

- Hands-on experience with sanction screening tools and transaction monitoring systems.

- Working knowledge of FINNET 2.0 platform and regulatory return preparation.

- Analytical mindset with attention to detail and ability to handle large datasets

- Good written and verbal communication skills; proficiency in MS Office (Excel, PowerPoint, Word).

- Integrity, discretion, and ability to handle confidential information.