India Compliance Manager

OpenFX; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary and benefits package

Equity in a rapidly growing company

Significant impact on global financial infrastructure

Collaborative work culture

Job summary

A progressive fintech company in Bengaluru is seeking a Compliance Manager to oversee regulatory compliance and risk management. Candidates must have a Bachelor's degree and at least 3 years of compliance experience, particularly in AML/KYC. This role offers a competitive salary, equity options, and an opportunity to work at the forefront of fintech innovation in a collaborative culture.

Qualifications

• 3+ years of relevant experience in regulatory compliance with strong focus on AML/KYC.
• Strong understanding of financial regulations and compliance frameworks.
• Experience in crypto/web3-related compliance projects.

Responsibilities

• Stay updated on relevant federal, state, and local laws.
• Identify potential compliance risks and develop mitigation strategies.
• Create and maintain compliance policies and procedures.
• Conduct compliance audits and monitoring activities.
• Prepare compliance reports for management and regulatory agencies.

Skills

Regulatory Compliance

Risk Assessment

KYC and Transaction Monitoring

Policy Development

Auditing

Attention to Detail

Education

Bachelor's degree in finance, law, accounting, or related fields

Job description

OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team comes with experience in companies like J.P. Morgan, Goldman Sachs, FalconX, Paypal, Affi…

Role Overview

We are seeking a sharp and experienced Compliance Manager to join our dynamic team. They will work closely with our operations and business development teams to ensure regulatory compliance, mitigate risks, and maintain the integrity of our business practices across all operations.

Key Responsibilities:

Regulatory & Risk Oversight

• Regulatory Compliance: Stay updated on relevant federal, state, and local laws. Monitor regulatory changes and assess their impact on the organization. Assist with regulatory reporting and filing requirements.
• Risk Assessment: Identify potential compliance risks and develop mitigation strategies.
• KYB and Transaction Monitoring: Conduct KYC document reviews, identify deficiencies, and analyze transactional data for suspicious activity.

Policy & Program Governance

• Policy Development: Create and maintain compliance policies and procedures.
• Program Management: Assist in the development, implementation, and maintenance of compliance programs. Conduct compliance testing and audits.
• Training: Educate employees on compliance policies and procedures.

Monitoring, Reporting & Support

• Monitoring and Auditing: Conduct regular compliance audits and monitoring activities.
• Recordkeeping: Maintain accurate and complete compliance records.
• Reporting: Prepare compliance reports for management and regulatory agencies.
• Issue Resolution: Investigate and resolve compliance issues in a timely manner.
• Project Support: Collaborate with cross-functional teams on compliance-related projects.

What we are looking for

• Must haves:
• Bachelor's degree in finance, law, accounting, or related fields.
• 3+ years of relevant experience in regulatory compliance, with strong focus on AML/KYC.
• Strong understanding of financial regulations and compliance frameworks.
• Superior attention to detail to identify compliance issues quickly.
• Experience in crypto/web3-related compliance projects.
• What helps you stand out:
• In-depth knowledge of crypto regulatory requirements in one or more geographies, including US, UK, Europe, UAE and Latin America.
• Proven experience with crypto-specific AML/KYC procedures/third-party service providers, and blockchain analytics tools.
• Experience in drafting Suspicious Transaction Reports (STRs) and articulating grounds for suspicion.
• Broader experience in the fintech/cross-border payments/neobanking industry.

What We Offer

• Competitive salary and benefits package.
• Equity in a rapidly growing company.
• Opportunity to work in a fast-paced startup at the forefront of fintech innovation.
• Opportunity to make a significant impact on global financial infrastructure.
• Collaborative work culture with emphasis on personal and professional growth.

We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.