Risk Analyst - AML & Sanctions: About the Team: - The PhonePe AML & Sanctions Operations is a part of the Trust & Safety team which is a high impact team whose goal is to mitigate risk and improve the trust and safety for various PhonePe products. We are focused on safeguarding our platform from potential ML / TF risks by implementing various controls and timely actions. If your dream is to build processes and digital tools to better understand financial transactions and identify trends that would impact millions of customers, partnering with some of the best minds and executing on your dreams with purpose and speed, join us! Roles & Responsibilities: - Identify and research the patterns, trends and anomalies in complex transactional & customer data to detect, prevent, mitigate & report suspicious activity related to ML / TF - Monitoring and regulating high-risk activities for various PhonePe business verticals - Documentation of Ground of Suspicion (GOS) for suspicious users / transactions and filing STR / SAR to the Financial Intelligence Unit - India (FIU-IND) as per RBI guidelines - Utilize information from regulatory changes, new regulations, and internal policy changes to further identify new key risk areas - Analyse comparative data, prepare and present reports related to AML risk assessments, and monitor AML related issues and escalations - To suggest process improvements, identify automation opportunities to improve operational efficiencies on various business / products - Follow operational procedures on sanctions alert handling, including documenting the decision rationale - Perform analysis of potential matches against sanctions lists alerted through sanctions screening of customers and transactions - Addressing data requests received from various Legal Enforcement Agencies - Identify modules for operational improvements and collaborate with cross functional teams for implementation - Ability to understand and follow industry best practices for AML & Sanctions Qualifications: - Graduate/PostGraduate and above preferably in Finance. - Minimum of 2-3 years of relevant experience in Anti Money Laundering Investigations / Sanctions screening analysis. - Good understanding of AML/CFT framework along with strong research and analytical skills - Hands-on experience on Sanctions screening / KYC would be preferred. - Familiarity with the process of STR reporting to FIU is preferred. - Any AML certification would be an added advantage. - Ability to work independently and to liaise with other departments and coordinate with various stakeholders. - Team player with excellent written and verbal communication skills. - Basic knowledge of Microsoft Excel and SQL

Bangalore

PhonePe - Risk Analyst - AML & Sanctions 

PhonePe - Risk Analyst - AML & Sanctions  ,Job Description for PhonePe - Risk Analyst - AML & Sanctions  in PhonePe in  Bangalore for (2-3) years of experience. Apply Now!

Job Description for PhonePe - Risk Analyst - AML & Sanctions  in PhonePe in  Bangalore for (2-3) years of experience. Apply Now!