Principal Officer - AML

Key Responsibility Areas (KRA) – Principal Officer

Position Title:

Company:

Location:

Employment Type:

Experience Required:

Objective of the Role:

To ensure complete compliance with the Prevention of Money Laundering Act (PMLA), Anti-Money Laundering (AML) guidelines, SEBI/ FIU-IND directives, and all other regulatory requirements applicable to the operations of Techlotus Private Limited, particularly in relation to its Virtual Digital Asset (VDA) services.

Key Responsibilities:

AML & PMLA Compliance Leadership

• Serve as the designated Principal Officer under PMLA for Techlotus Private Limited.
• Oversee the implementation of the AML Compliance Framework and ensure adherence to regulatory standards.
• Establish and maintain AML/CFT (Combating the Financing of Terrorism) procedures, internal controls, and monitoring systems.

Regulatory Reporting & Liaison

• Ensure timely and accurate reporting to the

  Financial Intelligence Unit – India (FIU-IND)

  including CTRs, STRs, NTRs, and KYC-related records.
• Act as the main point of contact with FIU-IND, SEBI, RBI (if applicable), and other relevant regulators.
• Lead audits and inspections related to AML compliance by internal and external regulators.

Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)

• Oversee the KYC verification process and ensure proper onboarding as per risk-based classification.
• Supervise Enhanced Due Diligence (EDD) procedures for high-risk clients and complex transactions.

Transaction Monitoring & Risk Identification

• Monitor, review, and analyze transactions to identify suspicious activities, patterns, and typologies.
• Oversee automated and manual surveillance systems for tracking unusual transaction behavior in line with PMLA norms.

Policy Development & Review

• Draft, update, and implement internal AML policies, SOPs, and risk management frameworks.
• Conduct periodic reviews of AML policies in line with regulatory changes and evolving risks.

Training & Awareness

• Organize regular AML training and awareness programs for employees, senior management, and operational staff.
• Maintain training records and ensure organizational preparedness in regulatory compliance.

Record Keeping & Documentation

• Ensure proper maintenance and retrieval of KYC, CDD, STR, and related compliance documentation as per prescribed retention periods.
• Maintain logs and documentation for audit trails and internal governance.

Governance & Reporting

• Prepare and submit periodic compliance reports to the Board of Directors and the senior management.
• Ensure ongoing assessment of AML risks and provide strategic recommendations.

Key Requirements:

Educational Qualification:

• Graduate/Postgraduate in Law, Finance, or relevant field. Certification in AML/CFT preferred (e.g., CAMS, ICA).

Experience:

• Minimum 10 years of experience in AML, PMLA compliance, financial risk management, and regulatory liaison.

Skills & Attributes:

• In-depth understanding of PMLA, SEBI guidelines, FIU-IND reporting standards
• Analytical and investigative mindset
• Leadership and team management abilities
• Strong communication and documentation skills
• Knowledge of VDA/blockchain compliance will be an added advantage

Salary Range : 10 LPA till 15 LPA

Preferred Candidate : Mumbai Location