Job Title: AML Officer – Bullion Trading Role Summary We are seeking an experienced and detail-oriented AML Officer to oversee the Anti-Money Laundering (AML), KYC, and regulatory compliance framework for our bullion trading business. The role involves monitoring transactions, identifying suspicious activities, ensuring compliance with applicable AML/CFT regulations, and strengthening the organization’s compliance and risk management practices in relation to high-value bullion transactions.

Key Responsibilities AML Monitoring & Compliance

- Monitor customer transactions and trading activities to identify suspicious, unusual, or high-risk patterns.
- Conduct Anti-Money Laundering (AML) reviews and ensure adherence to applicable AML/CFT regulations and internal compliance policies.
- Investigate unusual, structured, or high-value bullion transactions and escalate concerns where required.
- Identify potential money laundering, sanctions, fraud, or terrorism financing risks associated with customers and transactions.

KYC / Customer Due Diligence

- Conduct Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) processes for customers and counterparties.
- Review onboarding documentation and assess customer risk profiles based on business activity, source of funds, ownership structure, and transaction behavior.
- Perform screening against Sanctions Lists, Politically Exposed Persons (PEPs), watchlists, and adverse media databases.

Regulatory Reporting & Governance

- Prepare and file Suspicious Transaction Reports (STRs) with relevant authorities, including reporting obligations to the Financial Intelligence Unit – India (FIU-IND), wherever applicable.




- Ensure compliance with applicable AML/CFT, PMLA requirements, and other relevant regulatory obligations governing bullion and high-value transactions.
- Maintain proper records, audit trails, and compliance documentation in line with regulatory standards and internal policies.

Stakeholder Coordination

- Coordinate with internal stakeholders, auditors, consultants, and regulatory authorities during compliance reviews, audits, or inspections.
- Support implementation and enhancement of AML controls, policies, and compliance frameworks.
- Provide compliance guidance and awareness to business teams on AML/KYC obligations and emerging risks.

Qualifications & Experience Skilled Certifications (Preferred) Any One Or More Of The Following

- CAMS (Certified Anti-Money Laundering Specialist)
- ICA Certification in AML/KYC
- NISM Series XXIV – AML & CFT
- Equivalent AML/KYC or financial crime compliance certifications

Experience

- 7-10 years of relevant experience in AML, compliance, or financial crime risk management, preferably with exposure to:
- Bullion / precious metals industry

- Commodities trading sector
- Banking, financial institutions, or NBFCs handling high-value transactions

Key Skills & Competencies

- Strong understanding of AML/KYC regulations, PMLA compliance, and AML/CFT frameworks.
- Familiarity with FIU reporting requirements and suspicious transaction monitoring.
- Strong analytical and investigative skills to identify unusual transaction patterns and compliance risks.
- Good documentation, reporting, and stakeholder coordination abilities.
- High attention to detail, integrity, and professional judgment.

📌 AML Officer - Bullion Trading (Mumbai)
🏢 Abans Finserv
📍 Mumbai