Job Description: Head AML &
Compliance
Job Title: Head Anti-Money Laundering (AML) & Compliance
Experience Level: 15+ Years
Location:Mumbai
Target Candidate Background: Ex-DGM / GM Level AML Head from a Public Sector Bank
(PSB) or Large Private Bank, or Ex-FIU-IND Officer
Position Overview
We are seeking a highly experienced compliance leader to head our Anti-Money Laundering
(AML) & Counter Financing of Terrorism (CFT) framework. The incumbent will be responsible for
aligning our institutional AML architecture with the RBI Master Direction Know Your
Customer (KYC) Direction and FIU-IND reporting obligations. The role involves driving
customer risk categorization, fine-tuning transaction monitoring models, establishing Standard
Operating Procedures (SOPs), and training the AML monitoring unit.
Key Responsibilities
1. Customer Risk Categorisation & Re-KYC Framework
Design, implement, and periodically review the Energetic Customer Risk
Categorisation (CRC) model based on customer profiles, products, geographies, and
transaction behavior.
Define and enforce Re-KYC periodicity rules (High, Medium, Low risk) in strict
compliance with the RBI KYC Master Direction.
Establish automated systems and operational triggers for risk escalation and ongoing
due diligence (ODD).
2. Transaction Monitoring & Alert Optimisation
Review, calibrate, and enhance transaction monitoring scenarios across all banking
products and customer segments.
Establish robust methodologies to identify, document, and minimize false positives
without diluting compliance rigor.
Define quantifiable alert thresholds, typology rules, and red-flag indicators for Suspicious
Transaction Reporting (STR), Cash Transaction Reporting (CTR), and foreign




exchange/trade-based transactions.
3. Operational Management & Capability Building

Draft comprehensive Standard Operating Procedures (SOPs) for the central AML
Monitoring Unit, defining clear workflows for alert triage, investigation, escalation, and
reporting.
Design and execute structured training modules for staff within the AML monitoring unit
as well as broader business teams on regulatory shifts, red flags, and FIU-IND filing
requirements.
Maintain direct oversight over regulatory submissions to FIU-IND (STRs, CTRs, NTRs,
CBWTIRs) and serve as a primary liaison point during RBI inspections and audits.
Candidate Eligibility & Requirements
Category
Requirement
Work Experience
15+ years of core AML/CFT and compliance experience in
banking or regulatory enforcement.
Preferred Profile
Ex-DGM / GM level AML Head from a PSB or large Private
Sector Bank, OR an Ex-FIU-IND Officer with extensive
experience in financial intelligence and regulatory enforcement.
Regulatory
Expertise
Deep working knowledge of RBI KYC Master Directions,
PMLA (Prevention of Money Laundering Act), PML Rules, and
FIU-IND operational guidelines.
Education &
Certification
Graduation (Mandatory)
CAIIB (Certified Associate of Indian Institute of Bankers)
preferred

Professional AML certifications (e.g., CAMS) are an added
advantage
Key Competencies & Leadership Attributes
Proven track record in handling large-scale AML operations and regulatory inspections.
Deep technical understanding of transaction monitoring systems (TMS), core banking
solution (CBS) integration, and AML analytics.
Strong leadership, analytical, and writing skills to draft institutional policies and lead
regulatory reporting.

📌 Head- Anti Money Laundering (Mumbai)
🏢 Indypay Technologies
📍 Mumbai