Job Summary

The Manager – Financial Crime will be responsible for supporting and strengthening the organization’s financial crime risk management framework across the life insurance business. The role will focus on identifying, assessing, preventing, detecting, investigating and mitigating risks relating to AML, CFT, KYC, sanctions, fraud and other financial crime risks
The role will work closely with Compliance, Operations, Underwriting, Claims, Distribution, Customer Service, Legal, Internal Audit and other business functions to ensure effective implementation of financial crime controls and regulatory requirements.

Key Responsibilities
1. AML & Financial Crime Risk Management
• Support implementation and continuous enhancement of the Financial Crime Compliance framework.
• Conduct financial crime risk assessments covering products, customers, channels, geographies and distribution partners.
• Identify emerging financial crime risks and recommend appropriate mitigating controls.
• Monitor compliance with applicable AML/CFT and financial crime regulations and internal policies.

2.



KYC & Customer Due Diligence

• Oversee KYC, Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements.
• Review higher-risk customers, PEPs, high-risk jurisdictions and complex ownership structures.
• Ensure appropriate customer risk classification and periodic review.
• Identify gaps in onboarding and customer due diligence processes and drive remediation.

3. Transaction Monitoring & Suspicious Activity

• Oversee transaction monitoring and financial crime surveillance relevant to life insurance activities.
• Review alerts and unusual customer transactions, including premium payments, refunds, surrender proceeds, policy loans and other relevant transactions.
• Support investigation and escalation of suspicious transactions.
• Ensure timely regulatory reporting of suspicious transactions in accordance with applicable requirements.

4. Sanctions & Screening

• Manage

📌 Manager - Financial Crime (Gurugram)
🏢 Aviva India
📍 Gurugram