AML Analyst

Role overview

This position sits within the Anti-Money Laundering transaction monitoring function and may be hired at team leader or team member level. The role is focused on supervising analysts who review transactions, investigate suspicious activity, and help detect possible money laundering behavior.

The position reports to the Head of the AML Transaction Monitoring vertical and is based in Goregaon, Maharashtra, India.

Key responsibilities

• Lead or support the AML transaction monitoring and suspicious transaction reporting process, including alert reviews based on customer profiles, transaction behavior, financial details, and information gathered from public and private sources.
• Prepare or review grounds of suspicion and carry cases through to closure, including filing Suspicious Transaction Reports with FIU-IND.
• Maintain strong reporting quality for FIU India, including identification and submission of P1 STRs and typology reports.
• Help ensure full process adherence, strong internal controls, and AML/CFT coverage across products and services during implementation and periodic review cycles.
• Apply sound understanding of complex customer categories and banking-related AML monitoring scenarios.
• Coordinate with product and business teams to keep daily operations running smoothly.
• Contribute ideas to improve processes, system efficiency, and rule tuning/optimization.
• Work with internal teams such as branches, BCU and product teams, and with external parties including FIU, RBI, auditors, vendors, and peer banks as required.

Competencies and working style

• Works well in a collaborative environment and partners effectively with colleagues across business, operations, and technology.
• Can track team-assigned work, identify bottlenecks, and recommend changes that improve efficiency.
• Stays updated on global developments related to money laundering and terrorist financing.
• Understands banking regulations, AML/KYC laws, and FATF-related requirements.
• Can investigate unusual matters escalated by the business or flagged through system triggers.
• Understands regulatory reporting expectations and can interpret guidance accurately.
• Can manage AML audits or inspections, including coordination of responses and preparation of management replies.
• Comfortable taking on additional tasks assigned by the unit head or line manager.
• Works effectively under tight timelines and takes initiative when needed.
• Experience with merchant acquisition transactions, payment gateway, payment bank transactions, or I4C complaints is an added advantage.
• Challenges existing approaches constructively and helps implement process improvements.
• Strong problem-solving ability and a team-first mindset.

Qualifications and experience

Applicants should have strong knowledge of PMLA and RBI regulations, along with 5 to 6 years of relevant experience. Prior team-handling experience is required.

Additional information

Approximate age bracket: not specified.