Associate Director - Financial Crime Risk

Job Description

Role Overview: Cashfree Payments is seeking a highly experienced professional to take on the role of an Associate Director - Financial Crime Risk. This leadership position involves developing and implementing robust policies and frameworks to manage financial crime risks, including Anti-Money Laundering (AML) and fraud prevention, while ensuring compliance with regulatory requirements. The role also includes handling inquiries from law enforcement agencies (LEAs) and banks, managing chargebacks, recovering outstanding dues from merchants, and overseeing the implementation of applicable regulatory changes. What You Will Do: Policy Development Oversight: Strengthen and implement comprehensive policies for financial crime risk management, encompassing Anti-Money Laundering (AML), fraud prevention, and detection mechanisms. This includes developing, maintaining, and overseeing policies, processes, and product-level interventions to ensure robust risk mitigation Risk Management: Enhance preventive and detective frameworks to mitigate financial crime risks across Cashfree Payments systems Regulatory Compliance: Ensure adherence to applicable laws, regulations, and guidelines by implementing necessary changes in internal processes Law Enforcement Agency: Address inquiries and requests from LEAs, banks, and other stakeholders while maintaining strong relationships, including Summons handling appeal process Relationship Management: Managing banking relationships from Risk/Compliance standpoint Monitoring Reporting: Establish robust monitoring systems for suspicious activities and ensure timely reporting to relevant authorities Team Leadership: Provide strategic direction to the financial crime risk team and foster a culture of compliance and risk awareness What You Will Need: Bachelor s/ Advanced degree in law, finance, business administration, or a related field 10-12 years experience in AML, fraud prevention, and financial crime risk management within fintech or financial services Strong understanding of regulatory frameworks in India Exceptional stakeholder management skills with the ability to liaise effectively with regulators, law enforcement agencies, and banking partners Analytical mindset with proficiency in data-driven decision-making Leadership experience in managing cross-functional teams and driving organizational change