Compliance Associate / Analyst

Kristal Advisors Private Ltd.; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Exposure to senior leadership

Career development

Team collaboration

Job summary

Kristal Advisors Private Ltd. is seeking a detail-oriented Compliance Analyst/ Associate to join our Compliance team in Mumbai. You will support AML operations, client due diligence, and broader regulatory initiatives to safeguard the firm's standing and meet obligations under applicable laws.

Reporting to the Head of Compliance, you will collaborate with Relationship Managers and external stakeholders to conduct KYC reviews, monitor transactions, and implement training programs for staff.

Qualifications

• Minimum 2 years of hands-on AML/KYC experience within financial services or a fund management context.
• Analytical thinking with proactive issue identification and risk assessment.
• Time management and ability to juggle priorities under tight deadlines.
• Attention to detail with the ability to see context and bigger picture.
• Regulatory knowledge of MAS Notice SFA04-N01 and related guidelines.
• Excellent written and verbal communication; comfortable engaging across stakeholders.
• Proficiency with Microsoft Excel; familiarity with screening tools or case management is a plus.

Responsibilities

• Facilitate KYC reviews during onboarding, ensuring documentation and risk assessments meet standards.
• Lead periodic client reviews and reviews triggered by changes or risk events.
• Investigate suspicious activities and prepare STRs when required.
• Perform ongoing AML transaction monitoring within established timelines.
• Conduct daily client screening and sanctions monitoring; escalate matches as needed.
• Support remediation and data cleanup to address compliance gaps.

Skills

Analytical thinking

Time management

Attention to detail

Regulatory knowledge MAS

Communication

Excel

Tools

Excel

Job description

Full‑Time

About the Role

We are looking for a detail-oriented and proactive Compliance Analyst/ Associate to join our Compliance team. In this role, you will play a key part in safeguarding the firm's regulatory standing by supporting anti-money laundering (AML) operations, client due diligence, and broader compliance initiatives. You will work closely with Relationship Managers, senior leadership, and external stakeholders to ensure the firm meets its obligations under applicable laws and regulations.

Key Responsibilities

Anti-Money Laundering & KYC

• Facilitate Know Your Customer (KYC) reviews as part of the client onboarding process, ensuring all documentation and risk assessments meet internal and regulatory standards.
• Lead and coordinate periodic client reviews and ad hoc reviews triggered by material changes or risk events.
• Investigate suspicious activities escalated to Compliance promptly and thoroughly, and prepare Suspicious Transaction Reports (STRs) where required.
• Conduct ongoing AML transaction monitoring within established timelines, identifying and escalating unusual patterns or red flags.
• Perform daily client screening and sanctions monitoring, escalating matches to the Relationship Manager and Head of Compliance as necessary.
• Track and follow up on outstanding client documentation, escalating accounts with overdue or deficient records to the Head of Compliance within stipulated timeframes.
• Participate in remediation and data clean‑up exercises to address compliance gaps across the client portfolio.

Regulatory Compliance

• Stay current with evolving compliance policies, regulatory developments, and industry best practices relevant to the firm's operations.
• Support ad hoc compliance reviews, thematic testing, and regulatory‑driven projects as directed by the Head of Compliance.
• Design and deliver compliance training programmes for the firm, including annual refresher sessions on key compliance and AML topics, as well as induction training for new joiners.

Requirements

Experience

• Minimum 2 years of hands‑on AML/KYC experience within a fund management company, broker‑dealer, asset management firm, private bank, or in a compliance‑focused audit role.
• Analytical thinking—An inquisitive mindset with the ability to proactively identify issues, assess risk, and propose practical solutions.
• Time management —Ability to manage competing priorities and deliver high‑quality work under tight deadlines.
• Attention to detail —Strong eye for detail, balanced with the ability to see the bigger picture and assess matters in context.
• Regulatory knowledge—Solid understanding of MAS Notice SFA04‑N01, associated guidelines, and broader reputational and regulatory risk considerations.
• Communication —Excellent written and verbal communication skills, with the confidence to engage effectively across all levels and with external stakeholders.
• Technical proficiency —Strong working knowledge of Microsoft Excel (required); familiarity with compliance screening tools or case management systems is a plus.

What We Offer

• A collaborative and close‑knit compliance team with direct exposure to senior leadership.
• Opportunities to contribute to firm‑wide compliance strategy and regulatory projects.
• A professional environment that values integrity, continuous learning, and career development.