Job Requirements
About the Role
The Senior Compliance Manager - IBU will primarily focus on Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance at GIFT City IBU. This role supports the Compliance and Principal Officer (CO & PO) of IBU in ensuring adherence to regulatory guidelines and managing AML/KYC compliance risks.

Key Responsibilities
Primary Responsibilities
Monitor and investigate AML transaction alerts, identify suspicious activities, and coordinate timely disposition with stakeholders.
Prepare, validate, and support regulatory submissions including STR, CTR, and other AML/CFT reporting requirements.
Manage Customer Risk Rating (CRR) processes, including customer risk assessments, risk categorization and trigger-based reviews.
Ensure compliance with KYC, CDD, EDD, and periodic Re-KYC requirements in line with IFSCA regulations and internal policies.
Perform periodic AML/CFT compliance reviews and monitor adherence to regulatory and internal control frameworks.
Support enhancement of AML systems, transaction monitoring scenarios, thresholds,



and risk-based controls to strengthen financial crime risk management.
Coordinate with regulators, auditors, and internal stakeholders during inspections, audits, and remediation of compliance observations.
Partner with Business, Operations, Risk, Technology, and Product teams to provide AML/KYC compliance advisory and support.
Track regulatory developments, update AML/KYC policies and procedures, and promote compliance awareness through training initiatives.

Secondary Responsibilities
Interact with the IFSCA Authority as required.
Assist CO in formulating and periodically reviewing Policies, Product Notes, SOPs, and SLAs related to IBU.
Support CO in delegated activities.
Coordinate with HO Compliance Contact and CO for IBU-related activities, including data preparation for return submissions and ad-hoc regulatory requests.
Undertake delegated activities in the absence of CO and PO.
Perform other compli

📌 Senior Compliance Manager (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai