Compliance Officer-Principal Officer

Multitude Group; Gurgaon; On-site; INR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Hybrid & Flexible Work

Workation Programme

Medical Coverage

Financial Growth Opportunities

Job summary

Multitude Group is looking for a Deputy Money Laundering Reporting Officer (Deputy MLRO) in Gurgaon, India. The role involves assisting the MLRO in enforcing the institution's Anti-Money Laundering policies and ensuring compliance with various regulations.

Key responsibilities include overseeing transaction monitoring, managing regulatory filings, and conducting investigations into suspicious activities. Candidates should have a background in finance or law, complemented by relevant certifications and experience in AML compliance.

Qualifications

• Relevant years of experience in AML/compliance within a bank or regulated financial institution.
• Working knowledge of PMLA, RBI KYC/AML Master Direction, FIU-IND reporting, and FATF recommendations.

Responsibilities

• Assist in establishing and overseeing the AML/CFT framework.
• Review and validate Suspicious Transaction Reports (STRs) and regulatory filings.
• Conduct investigations into flagged accounts and alerts.

Skills

Analytical skills

Understanding of AML regulations

Clear communication

Education

Graduate/postgraduate in finance, law, commerce, or related discipline

Professional certifications (CAMS or equivalent)

Job description

## Deputy MLRO / Principal Officer IndiaApplylocations: Gurgaon-Haryana Officetime type: Full timeposted on: Posted Yesterdayjob requisition id: JR100180**Job Description — Deputy Money Laundering Reporting Officer (Deputy MLRO)****Role Purpose**The Deputy MLRO assists the MLRO in establishing, maintaining, and overseeing the institution's Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework in compliance with the Prevention of Money Laundering Act, 2002, RBI Master Direction on KYC, and FIU-IND/FATF requirements. The incumbent acts as the designated alternate to the MLRO and assumes full reporting authority in the MLRO's absence.**Key Responsibilities**Reporting & Regulatory Filings* Review, validate, and escalate Suspicious Transaction Reports (STRs), Cash Transaction Reports (CTRs), Counterfeit Currency Reports (CCRs), and Cross-Border Wire Transfer Reports prior to FIU-IND submission.* Ensure timely and accurate regulatory filings within prescribed timelines.* Act as the point of contact for FIU-IND, RBI, and law enforcement in the MLRO's absence.Transaction Monitoring & Investigations* Oversee the transaction monitoring system, alert generation, and tuning of detection scenarios.* Conduct and supervise investigations into flagged accounts, alerts, and internal escalations.* Maintain comprehensive, audit-ready case documentation and decision rationale.Customer Due Diligence & Screening* Oversee CDD, Enhanced Due Diligence (EDD), and periodic KYC review processes.* Supervise sanctions, PEP, and adverse-media screening, and adjudicate true/false-positive determinations.* Review high-risk customer onboarding and account relationships.Policy, Risk Assessment & Controls* Support the design, periodic review, and testing of AML/CFT policies, procedures, and internal controls.* Contribute to the enterprise-wide ML/TF risk assessment and risk-scoring methodology.* Identify control gaps and drive remediation.Governance & Stakeholder Management* Prepare AML/CFT management information and reports for senior management, the Board, and audit committees.* Liaise with business units, compliance, internal audit, and external auditors/regulators.* Support regulatory inspections, audits, and thematic reviews.Training & Awareness* Design and deliver AML/CFT training programmes across the organisation.* Maintain training records and assess effectiveness.Regulatory Watch* Monitor changes in AML/CFT laws, RBI directions, and FATF guidance.* Translate regulatory developments into framework and process updates.**Qualifications & Experience*** Graduate/postgraduate in finance, law, commerce, or related discipline; professional certifications (CAMS, or equivalent) preferred.* Relevant years of experience in AML/compliance within a bank, NBFC, or regulated financial institution.* Working knowledge of PMLA, RBI KYC/AML Master Direction, FIU-IND reporting, and FATF recommendations.**Key Competencies*** Strong analytical and financial-crime risk judgement.* Sound knowledge of transaction monitoring and screening systems.* Integrity, discretion, and the ability to operate independently when deputising for the MLRO.* Clear written and verbal communication with regulators and senior stakeholders.**Reporting Line*** Reports to the Money Laundering Reporting Officer (MLRO) / Head of Compliance.We offer:* A Truly Global Workplace – collaborate with 40+ nationalities across 25+ countries, embracing diversity, inclusion, and cross-cultural innovation* Hybrid & Flexible Work – balance your life and career with remote-friendly policies and modern offices across Europe* A Culture of Growth – accelerate your development with access to LinkedIn Learning, structured mentorship, and internal leadership programmes (HiPo & People Leader tracks)* Workation Programme – work remotely from abroad for up to 2 months per year and experience new cultures while staying connected and productive* Financial Growth Opportunities – invest in your future with our share purchase matching programme, doubling your contributions and fostering long-term rewards* Medical Coverage – group medical insurance covering hospitalisation and essential care* Accident Protection – personal accident insurance for peace of mindWe may use artificial intelligence (AI) tools to support specific parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses against predefined criteria. These tools assist our recruitment team but do not replace human judgment. All final hiring decisions are made by human recruiters.By proceeding to apply for a job with us, you confirm that you have read and accepted our Recruitment Privacy Policy