Job Purpose- The role is a critical element of organizations defense against money laundering, terrorist financing and fraud.
- Responsible for analyzing and reporting of Transaction alerts generated for operations.
- Identification and Implementation of improvement areas as prescribed by Regulatory bodies such as RBI, and FIU-IND and other AML Compliance initiative.
Duties and Responsibilities- Conducting detailed and thorough investigation of cases/alerts in accordance with internal policies, process and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)
- Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)
- Valuable domain knowledge of BFL product, processes and systems like Pennant, Miles, Finacle,CRM
- Identification of improvement areas in regard to regulatory mandates and Product constructs
- Actionizing of improvement areas identified in coordination with PMO, IT, Compliance, and COE teams




- Support in developing and implementing an effective compliance program related to KYC / AML to meet the regulatory expectations of the authorities, e.g. RBI, on a regular basis
- Preparation of SOP in accordance with Compliance requirements
- Identification of practices across different processes and systems and their impact on transactions from an AML perspective
- Conducting a complete and thorough investigation of the individual alerts in accordance with internal policies and procedures and external regulations (e.g. RBI KYC Policies, PMLA Act Rules)
- Identification and timely escalation of potentially suspicious transactions for further investigation
Required Qualifications and Experience- Graduate Degree, five years plus of experience in the lending business.
- Understanding of Financial Crime Policies Documentations, knowledge of banking terminologies, Onboarding/Compliance/AML/KYC experience.
- Ability to interpret Regu

📌 Unit Manager (Pune)
🏢 Bajaj Finance
📍 Pune