Job Description

About Paytm: Paytm is India\'s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, PaytmPayments Bank Netbanking, Paytm Fastag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks\' financial instruments. To further enhance merchants\' business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners. About the Team : We are looking for an AML Compliance teammates. The successful candidate will be an integral part of a Compliance Team, that investigates and monitors financial activity and transactions that appear to be suspicious. About the role : The right candidate will be responsible for managing the AML Transaction Monitoring process. Review and analyze underlying data gathered opposite Anti-Money Laundering (AML) and other red flags to assess whether the alert should be recommended for escalation or to be closed with no further action. Expectations/ Requirement: 1. Screening of alerts generated against Sanction, PEP & Adverse Media. 2. Review for all High-risk entity types as per policy & regulations. 3. Suspicious transaction Monitoring and end-to-end Closure of alerts.- 4. Close the alerts with the defined timelines. 5. Interpret evidence from multiple tools and systems. 6. Escalate True Match cased to L2 & L3 Alert Closure Team. 7. Make recommendations on process improvements to increase efficiency and accuracy. 8. Incident resolving & document verification. Superpowers/ Skills that will help you succeed in this role: 1. 1-5 Years of experience relevant experience in AML monitoring. 2. Good communication skills, written & spoken English 3. Understanding of Financial Services and Products 4. Excellent communication skills (written and oral), with the ability to effectively communicate with Team Lead. 5. Adhere to standards, controls, and policies. 6. result-oriented team player with a strong problem-solving ability 7. Self-starter, capable of working under minimum supervision, able to multi-task and meet deadlines in a high-pressure environment. Education: Must be a Graduate Why join us A collaborative output-driven program that brings cohesiveness across businesses through technology Improve the average revenue per use by increasing the cross-sell opportunities. A solid 360 feedback from your peer teams on your support of their goals. Respect, that is earned, not demanded from your peers and manager. Compensation: If you are the right fit, we believe in creating wealth for you. With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants - and we are committed to it. India\'s largest digital lending story is brewing here. It\'s your opportunity to be a part of the story!

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