AML Analyst

Niyo; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Niyo in Bengaluru is seeking an AML compliance professional to conduct AML, EDD, and CIP reviews, and to monitor and analyze transactions to detect and report suspicious activities.

The role involves investigating AML-related alerts, assessing AML risks across business units, and preparing detailed compliance reports. You will stay current with global AML regulations and sanctions screening requirements.

Qualifications

• Strong knowledge of AML compliance and regulatory requirements.
• Experience with suspicious transaction monitoring systems.
• Ability to identify financial crime risks and mitigation strategies.
• Experience in financial services transaction data analysis and AML investigations.
• Excellent analytical, problem-solving, and communication skills.
• Knowledge of global AML regulations and sanctions screening requirements.

Responsibilities

• Conduct AML, Enhanced Due Diligence (EDD), and CIP reviews.
• Monitor and analyze transactions to detect and report suspicious activities.
• Investigate AML-related alerts, including sanctions screening (e.g., OFAC).
• Assess AML risks for business units and propose automated solutions.
• Perform risk rating, name screening, and financial transaction analysis.
• Prepare detailed reports and narratives for compliance documentation.
• Review new client information and monitor activities of existing clients.
• Stay updated on regulatory requirements, industry best practices, and emerging AML risks.

Skills

AML compliance

Transaction monitoring

Regulatory frameworks

Financial crime risk

Data analysis

Analytical skills

Communication

Sanctions screening

Job description

Niyo was founded in 2015 with the vision of changing the way Indians approach their finances - no matter where they work, what they earn, or how tech-savvy they are. We currently have around 500 employees spread across offices in Bangalore. To date, we’ve raised $179.3 Million in funding, and have maintained a sharp focus on identifying customers’ banking pain points and crafting solutions that improve their experience. We are based out of Whitefield, Bangalore & are working from office 5 days a week.

We currently operate in 4 major business lines:

• Niyo Bharat - a prepaid salary card and digital banking product for blue collar workers
• Niyo Global - a zero forex markup travel card that works anywhere in the world
• NiyoX - a co-branded savings account with industry-best interest rates, 0 maintenance charges, and a host of exciting features

Niyo Money - a wealth management platform with 0 commission mutual funds, domestic stocks, and more.

Key Responsibilities:

Conduct Anti-Money Laundering (AML), Enhanced Due Diligence (EDD), and Customer Identification Program (CIP) reviews.

Monitor and analyze transactions to detect and report suspicious activities.

Investigate AML-related alerts, including sanctions screening (e.g., OFAC).

Assess AML risks unique to business units and propose automated solutions.

Perform risk rating, name screening , and financial transaction analysis.

Prepare detailed reports and strong narrative writing for compliance documentation.

Gather and review new client information and monitor financial activities of existing clients.

Stay updated on regulatory requirements, industry best practices, emerging AML risks, and criminal typologies .

Required Skills & Qualifications:

Strong knowledge of AML compliance, suspicious transaction monitoring systems, and regulatory frameworks .

Ability to identify financial crime risks and recommend mitigation strategies.

Experience in financial services transaction data analysis and AML investigations.

Excellent analytical, problem-solving, and communication skills .

Knowledge of global AML regulations and sanction screening requirements.