Risk Ownership & Categorization | - Own endtoend risk assessment for assigned scope
- Ensure accurate customer/merchant risk categorization (Low / Medium / High)
- Review and approve highrisk cases and escalations
- Assess risks related to new products, partnerships, and business models |
STR / SAR Identification & Reporting | - Identify suspicious activities requiring STR/SAR filing
- Review and approve STR narratives prepared by team members
- Ensure timely filing of STRs with FIUIND within regulatory timelines
- Maintain complete documentation and audit trail for STR decisions |
Governance & Policy Management | - Implement AML and enterprise risk governance policies
- Ensure adherence to RBI, PMLA, and applicable regulatory guidelines
- Review and update SOPs, control frameworks, and risk assessment methodologies
- Provide inputs to governance forums and risk committees |
Regulatory & Audit Readiness | - Support internal audits, external audits, and regulatory inspections
- Respond to regulatory queries and riskrelated clarifications
- Track and ensure timely closure of audit and compliance observations
- Maintain documentation in line with regulatory standards |
Reporting & MIS | - Prepare and review periodic risk MIS and dashboards
- Track trends related to highrisk categories, STRs, and KRIs
- Provide insights and recommendations to senior management |
Stakeholder & Business Engagement | - Partner with business, operations, and compliance teams
- Provide clear and reasoned risk opinions to support decisionmaking
- Balance regulatory compliance with business objectives |
Process Improvement & Maturity | - Identify process gaps, inefficiencies, and recurring risk themes
- Recommend automation, rule enhancements, and control improvements
- Support UAT and implementation of risk and AML system changes |
