Specialist - R&C - Financial Crime & Risk Management

About This Role

This specialist role focuses on financial crime and risk management within the R&C team, ensuring compliance with regulations and industry standards. The position involves reviewing documentation, assessing merchant risks, and conducting due diligence to support effective risk management and regulatory compliance.

Responsibilities

• Review documentation for all entity types as per policy/jurisdiction for all KYC/CDD/EDD documentation and raise requests for information/documents required as per the procedure
• Maintain strong knowledge of payment industry regulations and standards, including PSD2, EU Anti-Money Laundering (AML) Directives, EBA AML/CFT Guidelines, and applicable Visa and Mastercard requirements, ensuring compliance with regulatory and industry expectations
• Possess expertise in assessing merchant-related risks, including transaction laundering, Merchant Category Code (MCC) misrepresentation, card scheme compliance, and Ultimate Beneficial Owner (UBO) and Politically Exposed Person (PEP) screening, to support effective risk management and regulatory compliance
• Conduct due diligence and highlight procedural requirements if there is any defect
• Review ownership (BO) and key controller according to policy and screen for sanctions and adverse media
• Write clear and concise narratives for transaction analysis and make final recommendations
• Analyze and summarize the customer's final risk assessment while completing the review in a timely and efficient manner
• Act as primary contact for expertise on policy and procedures
• Make recommendations on process improvements to increase efficiency and accuracy
• Act as a subject matter expert (SME) for complex KYC/AML investigations, providing guidance to analysts and supporting quality assurance reviews
• Maintain awareness of regulatory updates and incorporate process and procedural changes in the due diligence review process
• Interpret evidence from multiple tools and systems to resolve legitimacy of customer behavior across multiple products
• Lead investigations of high-risk merchants and complex ownership structures, identifying and escalating AML, sanctions, adverse media, and reputational risk
• Train and mentor junior analysts

Requirements

• Bachelor's degree in Economics, Finance, or Statistics, or Master's degree in Business Administration or Risk Management
• Certified Anti-Money Laundering Specialist (CAMS) from Professional School of Indian Banking (PSIB)
• Certified Financial Analyst (CFA) from Skillab
• Certified Fraud Examiner (CFE) from ACFE
• Certified Risk Professional (CRP) from Udemy
• Financial Modelling and Valuation Analyst from Corporate Finance Institute (CFI)