This role of Compliance & Regulatory Officer Forex Operations will own regulatory compliance for MFLs forex & remittance operations, ensuring 100% adherence to RBI/FEMA directives, bank partner requirements, Companies Act obligations, and anti-money-laundering (AML)/KYC frameworks. This is a hands-on role involving policy drafting, branch/channel oversight, internal reviews, training, and being the single-point contact for regulators and external auditors.

Key Responsibilities:
- Maintain up-to-date understanding of RBI/FEMA rules, bank-scheme terms, FIU-IND/AML guidelines, Companies Act and other applicable statutes; interpret and operationalize them across the business.
- Draft/update/implement compliance policies, manuals, SOPs & compliance checklists specific to forex/FFMC ops.
- Conduct regular compliance reviews, branch inspections and transaction monitoring (high-value, suspicious or exception transactions); escalate and follow up remediation.
- Oversee KYC/Customer Due Diligence, STR/CTR reporting, SAR filing assistance,



and coordination with FIU-IND or other agencies as required.
- Liaise with partner banks, auditors and regulators; coordinate responses to queries, inspections and statutory notices.
- Provide compliance training for sales, operations and branch teams; run periodic awareness and drill exercises.
- Maintain records, produce periodic MIS for senior management on compliance metrics, incidents & remediation status.
- Support internal investigations, disciplinary recommendations and corrective action plans where breaches occur.

Qualifications:
- Company Secretary (CS) qualification preferred or a law degree / qualified compliance professional with demonstrable regulatory experience.
- Minimum 3 years relevant experience in forex, remittance, banking or financial services compliance
- Robust working knowledge of RBI/FEMA/ Companies Act/AML-KYC requirements and practical experience implementing them.
- Experience with branch inspections, transact

📌 Compliance & Regulatory Officer - Forex Operations (Kolkata)
🏢 Multicon Group
📍 Kolkata