Manager/Senior Manager - Digital Financial Firm

A reputed Digital Financial Company based in Bangalore is seeking to hire a Manager/Senior Manager with at least six years of experience. Looking for someone with experience in risk management, compliance, or regulatory affairs within the fintech or financial services industry, with a focus on payments and lending.

Bachelor's degree in Finance, Business Administration, Law, or a related field. Advanced degree or professional certification in compliance, risk management, or AML preferred.

Job Responsibilities:

Regulatory Compliance:

- Stay informed on fintech regulations, especially in payments and lending. Evaluate the impact on operations, products, and services. Advise internal stakeholders on compliance obligations and assist in implementing necessary changes.

KYC and AML (Anti-Money Laundering):

- To comply with AML regulations, develop and enhance KYC policies. Conduct risk-based customer reviews and screening to identify fraud risks and money laundering activities. Implement monitoring mechanisms to detect suspicious transactions and report to relevant authorities as required.

Risk Assessment and Mitigation:

- Assess risks when launching new lending and payments products. Identify compliance, operational and financial risks. Develop mitigation strategies and collaborate with product and tech teams to incorporate compliance controls.

Compliance Monitoring and Reporting:

- Monitor compliance with regulations, policies, and industry standards. Conduct periodic audits to improve controls. Submit regulatory reports on time.

Training and Awareness:

- Create training programs to educate employees on regulatory compliance, including KYC procedures and risk management. Promote ethical conduct and best practices to develop a culture of compliance awareness and accountability.