Paytm - Senior Manager/Assistant General Manager - AML/Transaction Monitoring Compliance

About Us:

Paytm is India's leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm 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 Netbanking, 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 also other banks' financial instruments.

To further enhance merchants' business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.

About the Team: We are looking for a Senior Manager to join our AML Compliance team. The successful candidate will be an integral part of a collaborative and cross-functional team.

About the role: The Senior Manager will be responsible for leading the AML Transaction Monitoring process. They will work closely with other departments to ensure the compatibility of all aspects of each project. Additionally, the Senior Manager will Lead projects related to AML systems.

Expectations/ Requirement:

1. Lead projects related to AML systems

2. Ensure the quality check process of AML transaction monitoring and name screening alert disposition.

3. Analyse business requirements, gather and document functional and technical specifications, and deliver results based on KPI's.

4. Work closely with stakeholders to develop and document goals and objectives, ensuring that all deadlines are met with a 98% success rate.

5. Develop and maintain tools to monitor and streamline AML operations.

6. Ensure complete compliance with AML policies and regulatory guidelines.

7. Build strong relationships with business teams and stakeholders and address their priorities and concerns, resolving escalations within the prescribed TAT.

8. Perform independent checks of KYC/AML information, along with periodic KYC reviews.

9. Overseeing the quality of closures of alerts at L1/L2 level

Superpowers/ Skills that will help you succeed in this role:

1. Minimum 8-10years years of experience as an AML Manager, ensuring accuracy of reporting of AML transaction monitoring MIS to Board / ACB / Senior Management from time to time.

2. Hands-on understanding of AML monitoring systems and technical specifications for transaction monitoring efficiency

3. Ability to undertake thematic AML reviews based on risk assessment from time to time

4. Certified Anti Money Laundering Specialist (CAMS) with in-depth exposure to KYC checks and risk- based schedules.

5. Proficient in credit and financial policies/procedures, client/stakeholder management, strategic and business planning, SLA/quality management, process, and operational.

6. excellence, operational control, and compliance.

7. Strong verbal and written communication skills with the ability to relate to people at any level of business and management across the globe.

8. Keen eye for requirements gathering, BRD and FSD/SRD documents, and meticulous delivery based on KPIs.

9. Strong relationship management skills with the capability to relate to people at any level of business and management across the globe.

10. Engaging with FIU IND and maintaining the quality of information submitted

Education - CS /MBA /LLB is preferred.

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 it. India's largest digital lending story is brewing here. It's your opportunity to be a part of the story!