Job Description

Job Requirements

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About the Role

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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.

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Key Responsibilities

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Primary Responsibilities

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- Monitor and investigate AML transaction alerts, identify suspicious activities, and coordinate timely disposition with stakeholders.
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- Prepare, validate, and support regulatory submissions including STR, CTR, and other AML/CFT reporting requirements.
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- Manage Customer Risk Rating (CRR) processes, including customer risk assessments, risk categorization and trigger-based reviews.
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- Ensure compliance with KYC, CDD, EDD, and periodic Re-KYC requirements in line with IFSCA regulations and internal policies.
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- Perform periodic AML/CFT compliance reviews and monitor adherence to regulatory and internal control frameworks.
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- Support enhancement of AML systems, transaction monitoring scenarios, thresholds, and risk-based controls to strengthen financial crime risk management.
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- Coordinate with regulators, auditors, and internal stakeholders during inspections, audits, and remediation of compliance observations.
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- Partner with Business, Operations, Risk, Technology, and Product teams to provide AML/KYC compliance advisory and support.
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- Track regulatory developments,



update AML/KYC policies and procedures, and promote compliance awareness through training initiatives.
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Secondary Responsibilities

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- Interact with the IFSCA Authority as required.
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- Assist CO in formulating and periodically reviewing Policies, Product Notes, SOPs, and SLAs related to IBU.
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- Support CO in delegated activities.
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- Coordinate with HO Compliance Contact and CO for IBU-related activities, including data preparation for return submissions and ad-hoc regulatory requests.
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- Undertake delegated activities in the absence of CO and PO.
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- Perform other compliance activities as assigned by the governing body.
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What We Are Looking For

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Education

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- Graduation: Bachelor of Science (B.Sc.), Bachelor of Technology (B.Tech), Bachelor of Computer Applications (BCA), Bachelor of Commerce (B.Com), or Bachelor of Business Administration (BBA).
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- Post-graduation: MBA or PGDM.
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Experience

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- 3 years of relevant experience in compliance, particularly in AML and KYC.
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Skills and Attributes

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- Strong understanding of AML/CFT regulations and compliance frameworks.
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- Ability to interpret and implement regulatory guidelines.
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- Effective communication skills for interaction with regulators and internal stakeholders.
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- Analytical skills to monitor and assess compliance risks.
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- Proficiency in preparing regulatory reports and documentation.
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- Adaptability to work in a dynamic regulatory setting.
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📌 Senior Compliance Manager - IBU (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai