Compliance Officer

Core Responsibilities1. Regulatory Compliance (RBI & FEMA)

Adherence: Ensure all FX transactions (Current & Capital Account) align with the Foreign Exchange Management Act (FEMA) and RBI’s Master Directions.
Monitoring: Oversight of outward and inward remittances, Import/Export data processing (EDPMS/ IDPMS), and Overseas Direct Investment (ODI).
Advisory: Act as the subject matter expert for the business team, advising on the legality of complex cross-border structures.

2. AML, KYC, and Transaction Monitoring

Due Diligence: Ensure Know Your Customer (KYC) protocols are strictly followed during onboarding and periodic reviews.
Scrutiny: Monitor daily transaction flows for patterns of money laundering or terrorist financing.
Sanctions Screening: Ensure no transactions involve entities or individuals on OFAC, UN, or FATF "grey/black" lists.

3. Regulatory Reporting (FIU-IND)

STR (Suspicious Transaction Reports): Analyze "red flag" alerts and file detailed reports with the Financial Intelligence Unit - India (FIU-IND) when suspicious activity is detected.
CTR (Cash Transaction Reports): Ensure timely filing of reports for high-value cash transactions as per PMLA guidelines.

4. Audit & Risk Management

Internal Audits: Conduct periodic "Health Checks" of the FX department to identify gaps before the regulators do.
Liaison: Serve as the primary point of contact for RBI inspectors and statutory auditors.
Risk Assessment: Develop and update the Compliance Risk Framework to mitigate operational and legal risks.

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹40,000.00 per month

Benefits: