Cashfree – Director – Merchant Risk

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

Job summary

A financial services company based in Bangalore is seeking a Director responsible for AML/CFT and Fraud Risk Management. The ideal candidate should have 9-15 years of experience, including 5 years in a leadership role, with strong analytical and communication skills. This position involves building governance mechanisms, ensuring compliance, and liaising with regulatory bodies.

Qualifications

• 9-15 years of overall experience, with 5 years in AML/CFT and Fraud Risk management.
• Ability to navigate ambiguity and foster a pragmatic risk management approach.

Responsibilities

• Build and strengthen governance mechanisms around AML/CFT and Fraud Risk Management.
• Monitor compliance with regulatory guidelines.
• Conduct audits and interactions with Law Enforcement Agencies.

Skills

Strong communication skills

Analytical skills

Problem-solving skills

Education

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

Job description

Responsibilities

• The Director will be responsible for building and strengthening governance mechanisms around 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.
• Supervise and handle interactions with Law Enforcement Agencies pertaining to the Chargebacks or any other ongoing enquiries concerning Cashfree’s merchants
• Conduct audits and investigations to ensure ongoing compliance.
• Keep abreast of changes in regulations and industry best practices.

Qualifications

• Bachelor’s degree in law, finance, business administration, or a related field.
• Overall 9-15 years experience with 5 years of relevant in 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.

Location: Bangalore