Principal Officer

1. Regulatory Compliance & Governance

• Act as the primary officer at management level responsible for AML/CFT compliance.
• Ensure full compliance with obligations under the PMLA, PML Rules, and other applicable regulations.
• Report status of AML/CFT functions to the Board/Sub-committee on a quarterly basis.

1. Independence & Exclusivity

• Serve exclusively in the role of Principal Officer, avoiding conflicts of interest.
• Engage full-time with the VDA SP and not undertake concurrent roles with other entities.

1. AML/CFT Program Management

• Oversee risk evaluation of products, services, delivery channels, transactions, and clients.
• Implement and monitor AML/CFT programs, including client identification, transaction monitoring, and reporting.
• Identify and mitigate ML/TF risks in alignment with global and domestic trends and typologies.

1. Risk & Control

• Participate as a permanent invitee in high-level committees evaluating risk.
• Ensure appropriate controls, processes, and internal guidelines are established for information handling and compliance.
• Proactively identify vulnerabilities and propose mitigating strategies.

1. Liaison & Reporting

• Act as the point of contact with FIU-IND, LEAs, and regulators.
• Respond promptly to requests for information from regulatory and enforcement authorities.
• Coordinate with internal teams to collate, review, and submit necessary documentation.

1. Resource & Team Management

• Ensure adequate resources, support staff, and unhindered access to required information.
• Provide training and guidance to teams on AML/CFT obligations.

Qualifications & Requirements

• Education:

  Graduate/Postgraduate in Law, Finance, Compliance, Risk Management, or related field.

• Experience:

  Minimum 3 years of relevant experience in AML/CFT framework, compliance, or legal functions.

• Skills & Knowledge:

• Strong knowledge of AML/CFT laws, PML Act, and related regulatory requirements.
• Thorough understanding of ML/TF risks, vulnerabilities, and emerging typologies.
• Familiarity with legal, regulatory, and risk management frameworks in financial/virtual asset services.
• Ability to engage with regulators and law enforcement effectively.
• Strong communication, analytical, and decision-making skills.

Key Attributes

• Integrity and independence in decision-making.
• Strong leadership with senior-level authority and influence.
• Ability to manage regulatory relationships and deadlines effectively.
• Strategic mindset with a proactive approach to compliance and risk management.

Reporting & Authority

• Reports directly to the Board of Directors or designated compliance committee.
• Authorized to act independently within the organization on AML/CFT matters.