AML Analyst

Niyo Solutions Inc.; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Niyo seeks an AML Compliance professional in Bengaluru to conduct AML reviews, monitor transactions, and investigate suspicious activities. You will assess risks, perform name screening, and prepare detailed regulatory reports while staying updated on evolving AML regulations.

The role requires strong analytical skills, knowledge of global AML standards, and excellent communication abilities. This is an on-site, full-time position based in Whitefield, Bangalore.

Qualifications

• Strong knowledge of AML compliance and regulatory requirements.
• Experience in financial services transaction data analysis and AML investigations.
• Ability to identify financial crime risks and mitigation strategies.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Conduct AML, EDD, and CIP reviews.
• Monitor and analyze transactions to detect suspicious activities.
• Investigate AML alerts including sanctions screening (e.g., OFAC).
• Assess AML risks across business units and propose automation.
• Perform risk rating, name screening, and transaction analysis.
• Prepare detailed reports for compliance documentation.
• Stay updated on regulatory requirements and emerging risks.

Skills

AML compliance

Regulatory frameworks

Transaction monitoring

Sanction screening

Financial crime risk

Analytical thinking

Communication

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.