Home
Communities
Companies
- Companies
  
  Discover best places to work
- Compare Companies
  
  Compare & find best workplace
- Add Office Photos
  
  Bring your workplace to life
- Add Company Benefits
  
  Highlight your company's perks
Reviews
- Company reviews
  
  Read reviews for 6L+ companies
- Write a review
  
  Rate your former or current company
Salaries
- Browse salaries
  
  Discover salaries for 6L+ companies
- Salary calculator
  
  Calculate your take home salary
- Are you paid fairly?
  
  Check your market value
- Share your salary
  
  Help other jobseekers
- Gratuity calculator
  
  Check your gratuity amount
- HRA calculator
  
  Check how much of your HRA is tax-free
- Salary hike calculator
  
  Check your salary hike
Interviews
- Company interviews
  
  Read interviews for 40K+ companies
- Campus placements
  
  Interviews questions for 2K+ colleges
- Share interview questions
  
  Contribute your interview questions
Jobs
Awards

WINNERS AWAITED!
- ABECA 2025
  
  WINNERS AWAITED!
  
  AmbitionBox Employee Choice Awards - 4th Edition
- ABECA 2024
  
  AmbitionBox Employee Choice Awards - 3rd Edition
- AmbitionBox Best Places to Work 2022
  
  2nd Edition
- AmbitionBox Best Places to Work 2021
  
  1st Edition

Add office photos

Engaged Employer

Navi Technologies

Compare

2.8

based on 264 Reviews

Video summary

105 Navi Technologies Jobs

Associate Manager II - Fraud Risk & Strategy (AML)

NAVI TECHNOLOGIES PRIVATE LIMITED

2.8

based on 264 Reviews

2-3 years

Bangalore / Bengaluru

1 vacancy

Associate Manager II - Fraud Risk & Strategy (AML)

Navi Technologies

posted 1d ago

Job Role Insights

Flexible timing

Key skills for the job

Analytical Chemistry Anti Money Laundering Home Loans Compliance Financial Services Financial Due Diligence

+ 1 more

Job Description

1.Perseverance, Passion and Commitment

Passionate about Navi s mission and vision

Demonstrates dedication, perseverance and high ownership

Goes above and beyond by taking on additional responsibilities

2.Obsession with high quality results

Consistently creates value for the customers and stakeholders through high quality outcomes

Ensuring excellence in all aspects of work

Efficiently manages time, prioritizes tasks, and achieves higher standards

3.Resilience and Adaptability

Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility

About the role :

The AML Risk Manager will be responsible for ensuring that the Group meets Anti-Money Laundering (AML) regulations across all business lines (lending, insurance, investments and payments). This role requires a deep understanding of applicable AML and KYC laws and regulations (across RBI, SEBI, IRDAI, NPCI, FIU and any other relevant regulators), as well as strong analytical and investigative skills.

Key Responsibilities:

1. Own the AML Charter for the Group:

Develop, implement, and maintain comprehensive AML policies and procedures for all business entities (across lending, payments, insurance and investments).
Conduct regular AML risk assessments to identify potential vulnerabilities.
Develop and deliver AML training programs to employees.
Coordinate with the Internal Audit team to assess the effectiveness of the AML program.
Develop and implement risk mitigation strategies.

2. Customer Due Diligence (CDD):

Oversee the implementation of CDD procedures for new and existing customers.
Ensure that appropriate CDD measures are in place to identify and verify customer identities.
Monitor for high-risk customers and conduct Enhanced Due Diligence (EDD) as required.

3. Transaction Monitoring:

Defining, implementing, and maintaining a set of alerts to generate a Suspicious Transactions Report (STR)
Implement SOP to investigate & conduct due diligence on the generated STR
Review the investigations done by the Investigations team to ensure compliance with the SOP
Report confirmed suspicious transactions to the Financial Intelligence Unit (FIU)

4. Regulatory Compliance:

Ensure compliance with all applicable AML regulations, including the Prevention of Money Laundering Act (PMLA) and the Rules thereunder.
Directly Responsible Individual (DRI) for preparing and submitting regulatory reports as required.
Stay updated on changes in AML laws and regulations..

Requirements:

Bachelors degree in Law, Finance, or a related field.
Minimum of 2-3 years of experience in AML compliance for a regulated entity (RE).
Strong understanding of AML & KYC laws and regulations, particularly the PMLA.
Ability to communicate effectively with stakeholders and senior management, including Board Committee members, both verbally and in written presentations.

Employment Type: Full Time, Permanent

Read full job description