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Sr Compliance Manager – AML & CFT, Risk and Compliance Services, Amazon Pay

Amazon

Our mission: To be Earth's most customer-centric company.

DESCRIPTION

Job summary
Do you want to make history and be part of an organization which is changing payment landscape at an incredible pace and scale? Do you enjoy navigating in the area of ambiguity, challenging status quo and scaling steep learning curve?

We are looking for an ambitious and experienced Senior Compliance Manager to Lead – AML & CFT Program to support our rapidly growing and evolving payments business. The candidate will be responsible for ensuring that the company maintains compliance with its AML-CFT obligations including sanction compliance and AML risk management. The incumbent will be responsible for development and implementation of required compliance frameworks to achieve this.
You will work with Legal, Product & Technology teams to drive product interventions, Data Science team to build sharp risk rules and the Investigation team to build robust investigation and escalation procedures.
The candidate should have the ability to communicate effectively and influence the senior Management and be able to apply AML provisions in a fast paced and diverse business environment.

Key job responsibilities
• Responsible for overall AML compliance for the organization and provide oversight, control, support and coordination for various compliance initiatives
• Responsible for the development, implementation and maintenance of an effective tactical and strategic AML program
• Understand and have continuing knowledge of all local AML requirements to ensure that the AML program is consistent with all applicable local laws, regulations and rules
• Develop and manage a regular monitoring and reporting process to inform senior management, as necessary and required
• Define investigation protocols and continually impart training to Transaction Monitoring Analysts and keep a tap on quality.
• Ensure that all activity and transactions that are identified as potentially suspicious are investigated, reviewed and resolved in accordance with established procedures
• Personally manage and where appropriate, carry out high profile/sensitive investigations.
• Develop, improve and manage the company’s policies related to AML in line with the latest regulations & emerging risks in the industry
• Develop and implement monitoring system to ensure that all suspicious transactions are investigated, documented and passed on to the relevant authorities if necessary
• Carry out periodical risk assessments and advise the company on necessary actions
• Drive AML awareness and training

A day in the life
A part of your day will involve review of escalated cases, conduct dive deeps and file STRs wherever required. However a large part of the job will be to use incremental knowledge and experience to refine existing framework, models, systems, policies & SOPs. You will also define your top priority metrics and find intervention opportunities by closely monitoring them.

About the team
Amazon Pay’s vision is to simplify lives and fulfill aspirations by making payments trusted, convenient and rewarding. Payments and financial services is a fast-paced and dynamic landscape with evolving customer needs, technologies and regulations. Amazon Pay caters to diverse customer preferences across cash habituated, new-to-credit, digital-native, and credit-served customers through innovative products such as buy now pay later, cash deposit at doorstep, pay with Alexa, co-branded credit card, gift cards, UPI, auto-insurance and Smart Stores. Customers use Amazon Pay to pay for virtually anything including shopping, bills, money transfers, scan & pay, ticketing, cabs, food delivery and more. Thus, we seek to serve customers’ payments, credit, investment and insurance needs on and off Amazon.

Amazon Pay, Risk and Compliance Services (RCS) is responsible for Compliance assurance and Operational risk management, which involves setting up strong risk management framework covering risk identification, assessment and continuous monitoring framework.

BASIC QUALIFICATIONS

MBA/CA.
8+ years of work experience with Banks/ Fintech in the area of AML Compliance
Excellent knowledge of AML regulatory obligations
Relevant certification in AML/CFT such as CAMS
Candidate shall have a proven track record in taking end-to-end ownership and successfully delivering results in a fast-paced and dynamic business environment.
Excellent verbal and written communication skills with an innate understanding of presenting concepts to leadership and different sections of the organization.

PREFERRED QUALIFICATIONS

MLRO/ Deputy MLRO handling the AML transaction monitoring charter.

To apply for the job click here

Sr Compliance Manager – AML & CFT, Risk and Compliance Services, Amazon Pay

To apply for the job click here

Contact us

Amazon

Our mission: To be Earth's most customer-centric company.

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