Assistant Manager - FCU

Credit Saison India; Indore District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Credit Saison India is seeking an Assistant Manager for the Financial Crime Unit (FCU) to safeguard the organization against money laundering, fraud, and sanctions violations. You will oversee daily monitoring, lead investigations, and ensure regulatory compliance, reporting to the FCU Manager.

The role requires strong analytical abilities, experience in AML/CFT, and a track record of supervisory responsibilities within a financial crime or compliance function.

Qualifications

• Bachelor's degree in Finance, Criminology, Law, Business Administration, or related field.
• CAMS or CFE certification preferred.
• 3–5 years of experience in financial crime investigation, AML/CFT compliance, or fraud risk management within financial services.
• Proven supervisory or team-lead experience within a Financial Crime Unit or compliance function.
• Strong knowledge of local and international financial crime regulations, AML laws, and sanctions regimes (e.g., OFAC).
• Exceptional analytical, critical thinking, and report-writing skills with proficiency in using compliance monitoring software and data analysis tools.

Responsibilities

• Oversee and conduct in-depth investigations into alerts from transaction monitoring systems and SAR/STR cases.
• Manage daily workflow of the FCU analyst team, providing guidance and QA.
• Draft and file SARs/STRs in accordance with regulatory requirements and timelines.
• Assist in development, implementation, and review of FCU policies and thresholds.
• Collaborate with Compliance, Legal, and Risk Management, plus external regulators and law enforcement when required.
• Generate regular compliance reports and metrics for senior management.

Skills

Analytical skills

Supervisory experience

Regulatory compliance

Report writing

AML/CFT

Education

Bachelor's degree in Finance/Criminology/Law/Business Administration

Tools

Compliance software

Job description

Job Description:

Job Summary

As an Assistant Manager for the Financial Crime Unit (FCU), you will play a key role in safeguarding the organization against financial crime risks, including money laundering, terrorist financing, fraud, and sanctions violations. Working closely with the FCU Manager, you will oversee daily monitoring operations, lead investigations of suspicious activities, and ensure regulatory compliance. This role requires a proactive professional with strong analytical skills to help mitigate risks and maintain the integrity of our financial operations.

Job Responsibilities

• Oversee and conduct in-depth investigations into alerts generated by transaction monitoring systems, unusual activity reports, and potential sanctions matches.
• Manage the daily workflow of the FCU analyst team, providing guidance, training, and quality assurance reviews on completed cases.
• Draft and file high-quality Suspicious Activity Reports (SARs) or Suspicious Transaction Reports (STRs) in accordance with regulatory requirements and timelines.
• Assist in the development, implementation, and periodic review of FCU policies, procedures, and system thresholds to enhance detection capabilities.
• Collaborate with internal stakeholders, including Compliance, Legal, and Risk Management, as well as external regulatory bodies and law enforcement agencies when required.
• Generate regular compliance reports and metrics for senior management to highlight key risks, trends, and operational performance.

Job Qualifications

• Bachelor's degree in Finance, Criminology, Law, Business Administration, or a related field.
• Professional certification such as CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) is highly preferred.
• Minimum of 3-5 years of experience in financial crime investigation, AML/CFT compliance, or fraud risk management within the financial services industry.
• Proven experience in a supervisory or team-lead role within a Financial Crime Unit or compliance function.
• Strong knowledge of local and international financial crime regulations, AML laws, and sanctions regimes (e.g., OFAC).
• Exceptional analytical, critical thinking, and report-writing skills, with proficiency in using compliance monitoring software and data analysis tools.