Payoneer Alternate Principal Officer 

India, Karnataka, Bengaluru 

40414124

Bangalore, India (On-site)

What you will be spending your time on:

• Closely work with the Principal Officer (Money Laundering Reporting Officer, “MLRO”) to support the Anti-Money Laundering ("AML") and Sanction function, e.g. provide advisory on AML matters and etc. Ensure that they are in full compliance with local, Group and regulatory requirements.
• Work as Deputy MLRO to handle unusual activity report, and report them as suspicious transaction report (STR) to the FIU-India; and assist Principal Officer to work along the process and cycle of STR.
• Assist Principal Officer to maintain an effective transaction monitoring system to detect potentially suspicious transactions within the platform
• Support local teams to work with technology and senior AML management to drive the Financial Crimes Compliance.
• Handle escalations from stakeholders relating to KYC, onboarding and Risk Investigations etc.
• Provide practical and effective advices to enable businesses, on their daily process or any business initiatives

• Support Principal Officer to prepare management information/report for regular submission to Local management, Group and regulators.
• Handle external enquiries and provide support to Principal Officer who is the primary liaison for all AML and compliance-related matters between regulatory authorities, auditors, and law enforcement agencies.

• Drive Compliance related projects and implement relevant Compliance programs in the company as assigned.
• Acting as the position of Principal Officer during the latter away.
• Support ad-hoc tasks assigned.

For this role you will need:

• Bachelor's degree holder or above.
• Minimum of 6 years relevant experience in payment, financial services industry or regulatory bodies in legal, compliance or internal control functions.
• Good team player, detail-oriented and self-starter.
• Able to work independently and efficiently and accomplish task within given timeline.
• Knowledge of applicable laws, regulations, rules and codes of conduct.