About the Company
Credila Financial Services Limited (Formerly known as HDFC Credila Financial Services Limited) is one of India's largest education loan non-banking financial companies (NBFCs) offering education loans to Indian students. With an in-depth understanding of the higher education domain in India as well as overseas, Credila offers tailor-made education loan solutions that help enable students to be financially equipped to pursue their education at their dream university and country of study. Since inception, Credila has funded 178,000+ Indian students across 63 countries in 4,600 institutes.
Job Description:
The Compliance and AML Analyst will support the Compliance function in ensuring adherence to regulatory and internal compliance requirements of the NBFC. The role involves oversight and execution of Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) processes, regulatory reporting, compliance monitoring, and providing analytical support in audits, inspections, and management reporting.
Responsibilities
AML/CFT Compliance
- Ensure effective implementation of AML/CFT policies and procedures in line with PMLA, RBI Master Directions, and FIU-IND requirements.
- Conduct sanction screening and transaction monitoring on an ongoing basis; escalate suspicious activities in line with internal procedures.
- Prepare and file STRs, CTRs, and other regulatory reports through FINNET 2.0.
- Maintain and periodically update customer risk categorization and due diligence records.
- Assist in AML system validation, scenario tuning, and parameter review exercises.
- Coordinate and support FIU-IND queries, inspections, and information requests.
- Maintain thorough documentation of suspicious activity investigations and ensure compliance with internal reporting protocols
Compliance Monitoring & Reporting
- Support in RBI and regulatory return filings and ensure timely submissions.
- Conduct compliance testing and follow-up on action plans arising from audit and inspection observations.
- Assist in maintaining a compliance calendar, ensuring timely tracking of regulatory developments and circulars.
- Prepare compliance dashboards, reports, and presentations for submission to senior management, Audit Committee, and the Board.
Advisory & Research
- Undertake research on RBI guidelines, circulars, and NBFC-specific regulations to assist in interpretation and implementation.
- Support the advisory function by analyzing regulatory requirements and their applicability to new products, services, or business models.
Training & Awareness
- Support in the design, delivery, and periodic review of AML/CFT and regulatory compliance training across the organization.
- Maintain training records and ensure ongoing compliance awareness among staff.
Audit & Inspection Support
- Liaise with internal and external auditors, RBI inspection teams, and other regulatory agencies as required.
- Ensure proper documentation, tracker and closure of compliance observations and inspection findings.
Skills and Experience:
- 4-5 years of experience in anti-money laundering/financial crime compliance and related NBFC compliance roles.
- Strong knowledge of PMLA, FIU-IND reporting requirements, and RBI NBFC regulations.
- Hands-on experience with sanction screening tools and transaction monitoring systems.
- Working knowledge of FINNET 2.0 platform and regulatory return preparation.
- Analytical mindset with attention to detail and ability to handle large datasets
- Good written and verbal communication skills; proficiency in MS Office (Excel, PowerPoint, Word).
- Integrity, discretion, and ability to handle confidential information
Qualifications:
- Bachelor's degree in commerce, Law, or related discipline. Candidates with a compliance and/or legal background preferred
Job Location: Mumbai (Kalina)
