Compliance & Regulatory Associate/Officer – Forex

Company Description

Multimoney Forex Limited has been a trusted FOREX service provider in India since 2004. Offering foreign currency exchange, outward remittances, international travel cards, travel insurance, and more, the company operates under the philosophy of 'Any Money, Any Time.' With a rapidly growing presence, Multimoney Forex has established a network of 32 branches across India, including major cities like New Delhi, Bangalore, Kolkata, and Hyderabad. The organization is committed to making foreign exchange services seamless and accessible for its clients.

Role Description

This role of Compliance & Regulatory Officer – Forex Operations (4+Years) of experience will own regulatory compliance for MFL’s forex & remittance operations, ensuring 100% adherence to RBI/FEMA directives, bank partner requirements, Companies Act obligations, and anti-money-laundering (AML)/KYC frameworks. This is a hands-on role involving policy drafting, branch/channel oversight, internal reviews, training, and being the single-point contact for regulators and external auditors.

Key Responsibilities:

● Assist in ensuring adherence to RBI, FEMA, KYC/AML guidelines.

● Help prepare basic compliance documents, reports, and regulatory submissions.

● Maintain updated records of circulars, notices, and internal compliance checklists.

● Coordinate for compliance-related queries, inspections, and regulatory follow-ups (as guided by seniors).

● Support audit readiness through document organization and simple review tasks.

● Review customer documents for completeness and compliance requirements.

● Support operations teams in implementing compliance controls.

● Maintain registers, logs, and filing systems accurately.

● Assist in identifying irregularities or documentation deviations.

● Help prepare periodic MIS, trackers, and compliance summaries.

● Review customer documents for completeness and compliance requirements.

Qualifications

● Qualified Company Secretary (CS) candidates or a law degree with compliance/regulatory forex exposure.

● 4+ years of experience in compliance, regulatory, audit, risk, or financial operations.

● Basic understanding of RBI, FEMA, KYC/AML principles and regulatory frameworks.

● Strong analytical ability with attention to detail and accuracy.

● Good written and verbal communication skills for regulatory and internal correspondence.

● Ability to understand and interpret circulars, guidelines, and compliance instructions.

● Proficiency in MS Office (Excel, Word, PowerPoint) for documentation and reporting.

● Organized working style, discipline in maintaining records, and ability to follow processes.