Associate Director/Director- Merchant Risk

About us:

Cashfree Payments is India s leading payments and API banking company. It helps 6,00,000+ businesses accept and send money and is used for multiple use cases like vendor payouts, wage payouts, bulk refunds, etc. Cashfree Payments offers the widest range of solutions including API banking platform Payouts that helps businesses send money instantly 24x7 to any bank account, UPI ID, card, or wallet with a simple API that businesses can integrate with their product.

Cashfree Payments Payment Aggregation business is regulated by the Reserve Bank of India. Cashfree Payments is one of the first recipients of such licenses, and will be adding more such regulated products in its portfolio.

What You Will Do:

• The Associate Director/Director will be responsible for building and strengthening governance mechanisms around Anti-Money Laundering/ Combating the Financing of Terrorism (AML/ CFT) and Fraud Risk Management. This role calls for an individual with domain knowledge, strong judgment and decision-making skills, who can navigate in the area of ambiguity and foster a pragmatic risk management approach.
• Effectively manage AML/ CFT and Fraud risk for the Company by building and implementing appropriate policies, processes and mechanisms in partnership with relevant stakeholders
• Monitor the Company s compliance with applicable regulatory guidelines
• Strengthen relations with regulatory bodies and Law Enforcement Agencies, and represent the company as needed
• Provide guidance and training to employees on AML/CFT and fraud risk management
• Conduct audits and investigations to ensure ongoing compliance
• Keep abreast of changes in regulations and industry best practices

What You Will Need:

• Bachelor s degree in law, finance, business administration, or a related field
• Overall 8-12 years experience with 5 years of relevant in heading the AML/ CFT and Fraud Risk management team
• Excellent communication and interpersonal skills
• Strong analytical and problem-solving skills
• Ability to work independently and as part of a team