About our client:

Our client is a top non-banking financial company in India focused on rural and semi-urban areas, offering vehicle loans, fixed deposits, and SME financing. It serves over 9 million customers through a large network of more than 1,380 offices across the country.

Job Purpose:

Assist in implementing and maintaining KYC/AML processes as per PMLA guidelines. The role involves transaction monitoring, alert review, and reporting to ensure compliance with regulatory requirements and internal policies.

Key Responsibilities:

- Assist in executing and maintaining KYC/AML policies and procedures as per regulatory requirements.
- To guide, facilitate and support business and operations and product teams in implementation of KYC / AML guidelines in their respective areas.
- To identify automation opportunities to improve operational efficiency within the AML Unit.
- Assist in preparing responses and supporting interactions with regulators like RBI, FIU-IND, and IBA regarding AML policies and implementation
- Handle transaction monitoring, ensuring timely reporting and flagging of suspicious transactions (CTR/STR) based on customer profiling.
- Articulate the Regulatory Compliance and Financial Crime risks for Mahindra Finance.
- Perform responsibilities like monitoring and reporting of all transactions and sharing of information as required under the law.




- Manage and foster a solid relationship with all relevant regulators in relation to the activities of Mahindra Finance and ensure timely disclosure of relevant information, in relation to financial crime, and regulatory compliance related matters.

- To assist any other units in any investigation process related to any customer / account initiated by external regulators or internal audit.

- Participate in training programs on KYC/AML and apply learnings in day-to-day activities.

- Reconciliation of Risk Category and Transaction data received from source system and AML System.

- To assist fellow team members in AML unit work as per requirement and take up their desk work in their absence for seamless functioning of the department
- Sharing of base data with relevant stakeholders for Re-KYC and ensuring timely completion of the exercise and ensuring half-yearly review of the risk categorization
- Timely closure of AML alerts and coordination with branches for further clarification required for review of the AML alerts.
- Generation of Alert Dashboard and Daily sharing of alerts pendency status to AML team and branches for their responses.

Knowledge:

1. AML/KYC/ CFT regulations
2. Updates on the sanction lists
3. Practices and procedures across competition

📌 Team Member - AML (India)
🏢 Talent Socio
📍 India