Cashfree – Associate Director/Director – Merchant Risk

Cashfree payments; Bengaluru; On-site; INR 2,000,000 - 3,000,000; Full time

Job summary

A leading financial technology company in Bengaluru is seeking an Associate Director/Director to manage AML/CFT and Fraud Risk governance. The ideal candidate will have 8-12 years of experience, including 5 years leading relevant teams. The role requires excellent communication and analytical skills, as well as the ability to work independently and with others. Join our dynamic team to ensure compliance and foster strong relationships with stakeholders.

Qualifications

• 8-12 years overall experience with 5 years leading AML/CFT and Fraud Risk management.
• Strong judgment and decision-making skills.
• Ability to navigate ambiguity and implement risk management effectively.

Responsibilities

• Build and strengthen governance mechanisms around AML/CFT and Fraud Risk Management.
• Manage AML/CFT and Fraud risk for the Company by implementing policies and processes.
• Monitor compliance with regulatory guidelines.

Skills

Excellent communication

Interpersonal skills

Analytical skills

Problem-solving skills

Education

Bachelor’s degree in law, finance, business administration, or related field

Job description

About us

Cashfree Payments is India’s leading payments and API banking company. It helps 6,00,000+ businesses accept and send money and is used for multiple use cases like vendor payouts, wage payouts, bulk refunds, etc. Cashfree Payments offers the widest range of solutions including API banking platform Payouts that helps businesses send money instantly 24×7 to any bank account, UPI ID, card, or wallet with a simple API that businesses can integrate with their product.

Cashfree Payments Payment Aggregation business is regulated by the Reserve Bank of India. Cashfree Payments is one of the first recipients of such licenses, and will be adding more such regulated products in its portfolio.

What You Will Do

• The Associate Director/Director will be responsible for building and strengthening governance mechanisms around Anti-Money Laundering/ Combating the Financing of Terrorism (AML/ CFT) and Fraud Risk Management.
• This role calls for an individual with domain knowledge, strong judgment and decision-making skills, who can navigate in the area of ambiguity and foster a pragmatic risk management approach.
• Effectively manage AML/ CFT and Fraud risk for the Company by building and implementing appropriate policies, processes and mechanisms in partnership with relevant stakeholders.
• Monitor the Company’s compliance with applicable regulatory guidelines.
• Strengthen relations with regulatory bodies and Law Enforcement Agencies, and represent the company as needed.
• Provide guidance and training to employees on AML/CFT and fraud risk management.
• Conduct audits and investigations to ensure ongoing compliance.
• Keep abreast of changes in regulations and industry best practices.

What You Will Need

• Bachelor’s degree in law, finance, business administration, or a related field.
• Overall 8-12 years experience with 5 years of relevant experience heading the AML/ CFT and Fraud Risk management team.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.