Principal Officer

GoSats - The simplest onramp to Digital Assets in India; Bengaluru; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

A prominent digital asset service provider in Bengaluru seeks an experienced Principal Officer to lead compliance for Virtual Digital Asset operations. This full-time role focuses on AML compliance under the Prevention of Money Laundering Act. Responsibilities include developing the AML framework, managing regulatory relations, and ensuring compliance with PMLA and other regulations. The ideal candidate has over 3 years of relevant experience, demonstrated leadership skills, and a strong grasp of AML risks. Coordinate closely with regulatory bodies to uphold compliance standards.

Qualifications

• At least 3 years of experience in AML compliance or regulatory compliance.
• Strong command over PMLA and related anti-money laundering regulations.
• Clear understanding of AML risks relevant to India.
• Based in India to coordinate with regulators and FIU-IND.

Responsibilities

• Act as primary contact for FIU-IND and law enforcement agencies.
• Develop and implement AML framework for digital asset operations.
• Present quarterly AML updates to the Board.
• Present AML updates to boards and committees and ensure regulatory readiness.
• Build and lead a compliant, well-resourced function.

Skills

Analytical ability

Strong communication skills

Leadership qualities

Job description

About the Role

We are looking for an experienced compliance professional to take on the role of Principal Officer for our Virtual Digital Asset (VDA) operations under the Prevention of Money Laundering Act, 2002 (PMLA). This is a management‑level position with significant responsibility. The Principal Officer will report directly to the Board and will play a pivotal role in building and shaping our compliance culture.

Core Responsibilities

Regulatory Compliance

• Act as the primary contact point for FIU‑IND, law enforcement agencies, and other regulators.
• File statutory reports accurately and on time.
• Ensure full compliance with PMLA requirements and broader anti‑money laundering (AML) obligations.
• Ensure all product features meet regulatory compliance according to RBI, NPCI and others as applicable.

AML Program Oversight

• Develop, implement, and continuously strengthen the AML framework for digital asset operations.
• Oversee ongoing transaction monitoring, onboarding journeys, and risk‑based controls.
• Maintain strong KYC processes and end‑to‑end transaction surveillance.

Risk Management & Assessment

• Serve as a permanent member of committees assessing AML risks across products, channels, customer segments and geographies.
• Track emerging AML risks, typologies, and vulnerabilities in India and the global VDA ecosystem.
• Evaluate risk implications of new business initiatives and provide clearance prior to launch.

Governance

• Present quarterly AML updates and compliance reports to the Board / Board Sub‑Committees.
• Establish protocols for timely and accurate information sharing during regulatory inquiries.
• Build and lead a well‑resourced compliance function.

Training & Culture

• Design and deliver AML training programs for employees at all levels.
• Champion a strong compliance culture across the organization.

Mandatory Qualifications

• Experience: At least 3 years of hands‑on experience in AML compliance, financial crime prevention, or regulatory compliance within financial services or the VDA sector.
• Expertise: Strong command over PMLA and related anti–money laundering regulations.
• Knowledge: Clear understanding of AML risks and typologies relevant to India and the global VDA ecosystem.
• Location: Based in India to ensure effective coordination with FIU‑IND and other regulatory bodies.
• Skills: Proven analytical ability, strong communication skills, and leadership qualities.

Note

This is a full‑time position dedicated exclusively to AML responsibilities. No concurrent operational roles or external engagements will be permitted.

Preferred Attributes

• Prior experience as a Principal Officer – ideally with a VDA Service Provider, or alternatively with a regulated financial institution.
• Professional certifications in AML compliance (e.g., CAMS, ICA, CAFP or similar certifications).
• Demonstrated experience handling FIU‑IND reporting and regulatory audits end‑to‑end.
• Proven ability to build AML programs from the ground up in fast‑paced and high‑growth environments.