Principal Officer

Principal Officer (PO)

Key Responsibilities

Regulatory Compliance & Governance

• Act as the primary management-level officer responsible for AML/CFT compliance.
• Ensure strict adherence to PMLA, PML Rules, and other regulatory obligations.
• Present quarterly updates on AML/CFT compliance to the Board/Sub-committee.
  

Independence & Exclusivity

• Serve exclusively in the role of Principal Officer to avoid conflicts of interest.
• Commit full-time to the VDA SP without concurrent roles in other entities.
  

AML/CFT Program Management

• Oversee risk assessment of products, services, delivery channels, clients, and transactions.
• Implement, monitor, and improve AML/CFT programs including client due diligence, transaction monitoring, and reporting.
• Identify, assess, and mitigate ML/TF risks based on global/domestic trends.
  

Risk & Control

• Participate as a permanent invitee in senior-level risk committees.
• Develop and enforce internal compliance policies, controls, and information handling guidelines.
• Proactively identify compliance vulnerabilities and implement corrective measures.
  

Liaison & Reporting

• Act as the key contact for FIU-IND, regulatory authorities, and law enforcement agencies.
• Ensure timely responses to information requests from regulators/enforcement bodies.
• Coordinate with internal teams to compile and submit necessary reports/documents.
  

Resource & Team Management

• Ensure sufficient staffing, tools, and resources for effective AML/CFT compliance.
• Provide regular training and guidance to employees on AML/CFT policies and obligations.
  

Qualifications & Requirements

• Graduate/Postgraduate in

  Law, Finance, Compliance, Risk Management, or related field

  .
• Minimum

  3 years of relevant experience

  in AML/CFT, compliance, or legal functions.
• Strong knowledge of

  AML/CFT laws, PML Act, and regulatory frameworks

  .
• In-depth understanding of

  ML/TF risks, vulnerabilities, and emerging typologies

  .
• Familiarity with compliance practices in

  financial services or virtual assets sector

  .
• Excellent communication, analytical, and decision-making skills.
  

Key Attributes

• High integrity and independence in decision-making.
• Strong leadership presence with ability to influence at senior level.
• Ability to manage regulator relationships and meet deadlines effectively.
• Strategic, proactive, and compliance-focused mindset.
  

Reporting & Authority

• Reports directly to the

  Board of Directors/Compliance Committee

  .
• Authorized to act independently on all AML/CFT-related matters.