Anti-Money Laundering Manager

Bangalore, India

The AML/CFT Manager is responsible for developing, implementing, and managing anti-money laundering (AML) and counter financing of terrorism (CFT) policies and procedures to ensure compliance with relevant laws and regulations. This role involves conducting risk assessments, monitoring transactions for suspicious activity, and providing training to staff on AML/CFT practices. The manager will collaborate with regulatory bodies, conduct internal audits, and ensure that the organization maintains a robust compliance framework. Additionally, the AML/CFT Manager will analyze data to identify trends and recommend improvements to enhance the organization's AML/CFT program.

Company Overview
  • PayGlocal is a global payments company that fosters global commerce. Our suite of offerings facilitate cross-border payments and solve the challenges surrounding it through three main pillars - the business, the experience and the associated risk.
  • Founded by finance veterans and experts, our understanding of merchant business, international business, security and regulatory standards help build impactful payment solutions. We partner with large enterprises and export merchants for seamless customer payment journeys.
  • Be a part of lasting innovation - create new products, new processes and new standards. Join us to help us shape the future of payments.
Work
Regulatory Compliance & Governance
  • Ensure compliance with all applicable laws, rules, and regulations (RBI, FIU-IND, etc.) governing the industry.
  • Oversee the implementation and monitoring of compliance AML frameworks, policies, and procedures.
  • Develop internal controls to minimize AML compliance risks and breaches.
Leadership & Strategy
  • Collaborate with senior leadership to implement the company’s objectives.
  • Interact with cross-functional teams to ensure seamless business operations.
Operational Oversight
  • Ensure that the day-to-day operations of the business adhere to internal policies and external regulatory requirements.
  • Review and approve major AML operational decisions, ensuring they align with the company’s objectives and compliance standards.
  • Ensure optimal use of resources to maintain cost-effective and efficient business operations
Training & Development
  • Develop training programs to ensure all staff members are aware of AML compliance and regulatory requirements.
  • Keep the team updated on changes in regulatory frameworks and ensure ongoing education for AML compliance-related matters
Stakeholder Communication
  • Establish and maintain positive relationships with regulators.
  • Represent the company in meetings, discussions, and negotiations with external stakeholders
Qualification
Education
  • Master’s /Bachelor’s degree in law, Finance, Business Administration, or a related field.
Experience
  • Minimum 7-10 years of experience in a AML role, preferably in compliance, governance, or risk management.
  • Experience in managing interactions with regulatory bodies such as RBI, FIU-IND, etc.
  • Proven track record in implementing compliance programs and leading operational improvements.
Skills
  • Strong knowledge of Indian regulatory landscape and industry-specific requirements.
  • Excellent leadership, decision-making, and problem-solving skills.
  • Strong communication, interpersonal, and negotiation abilities.
  • Proficiency in AML compliance software and tools