Position: Money Laundering Reporting Officer (MLRO) FEMA & RBI Compliance

Location: CHENNAI

Employment Type: Full-time

Role Overview

We are looking for an experienced Money Laundering Reporting Officer (MLRO) to lead and oversee AML, KYC, FEMA, and RBI regulatory compliance. The ideal candidate will have strong knowledge of Indian financial regulations, cross-border transactions, transaction monitoring, regulatory reporting, and financial crime risk management.

Key Responsibilities

- Oversee the organisation's AML/KYC and CFT compliance framework.
- Ensure compliance with applicable RBI regulations, PMLA/PML Rules, FEMA and related regulatory requirements.
- Monitor domestic and cross-border transactions for suspicious or unusual activity.
- Review and investigate AML transaction-monitoring alerts and escalate potential suspicious activity.
- Oversee preparation and filing of applicable regulatory reports, including STRs and CTRs, with FIU-IND, where applicable.
- Monitor FEMA-related transactions, including foreign remittances, FDI/ODI and transactions involving residents and non-residents.
- Ensure effective customer due diligence (CDD), enhanced due diligence (EDD), beneficial ownership and customer-risk assessment processes.
- Oversee sanctions, PEP and adverse-media screening.
- Develop and maintain AML/FEMA/RBI policies, procedures and controls.




- Liaise with senior management, internal audit, compliance, legal and operations teams on regulatory matters.
- Support regulatory inspections, audits and information requests.
- Conduct AML/KYC compliance training and awareness programmes for employees.
- Keep the organisation updated on changes to RBI, FEMA, PMLA and other applicable regulatory requirements.

Requirements
- Bachelor's degree in Finance, Law, Commerce, Risk Management or a related discipline.
- Relevant experience in AML/KYC, RBI compliance, FEMA, financial crime compliance or regulatory compliance.
- Strong understanding of Indian AML/KYC and FEMA regulations.
- Experience with transaction monitoring, STR investigation and regulatory reporting.
- Strong analytical, investigation and documentation skills.
- Ability to work independently and communicate effectively with senior stakeholders.
- Professional certifications such as CAMS, ICA, CFE or equivalent would be an advantage.

Preferred Experience Experience in a bank, NBFC, fintech, payment institution, foreign exchange business, financial services company or other RBI-regulated entity will be preferred.

Perks

- Health insurance
- Internet reimbursement
- Leave encashment
- Life insurance
- Paid sick time
- Paid time off
- Provident Fund

Work Location: In person

📌 Job Description: MLRO – FEMA & RBI Compliance (Chennai)
🏢 Prithvi Exchange
📍 Chennai