Senior Analyst, Group Compliance

Razorpay; Gandhinagar; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Razorpay is looking for a risk management professional to identify, assess and monitor risks across business activities, with focus on AML/KYC, transaction monitoring and sanctions screening. You will review fraud cases, prepare SARs, and coordinate with Compliance and Operations to enforce risk controls.

2–4 years’ experience in risk management within fintech or financial services is preferred; CAMS is a plus, with strong analytical and communication skills expected.

Qualifications

• Education: Graduate/Postgraduate degree in Finance, Commerce, Business Administration or related field; CAMS is a plus.
• 2–4 years of risk management, AML/KYC, transaction monitoring, sanctions screening, or fraud and chargeback management experience.
• Experience in bank, NBFC, PSP or fintech preferred.

Responsibilities

• Identify, assess and monitor risks across the entity's business activities.
• Monitor transactions for unusual or suspicious patterns and escalates alerts.
• Conduct sanction and watchlist screening of customers and transactions.
• Review fraud cases and chargebacks and propose controls to mitigate risks.
• Prepare SARs with documentation and submit to the Compliance Officer.
• Support AML-CFT & KYC risk assessments in coordination with Compliance.
• Coordinate with Operations and Compliance to ensure risk practices are followed.
• Maintain records and MIS for internal/regulatory reporting.

Skills

AML-KYC

Sanctions screening

Transaction monitoring

Fraud & chargebacks

MS Excel

Analytical skills

Written communication

Independent work

Cross-functional coordination

Education

Finance/Commerce/Business Administration

Job description

Razorpay is one of India's leading full-stack financial technology companies, powering the way businesses move, manage, and grow money. Founded in 2014 by Harshil Mathur and Shashank Kumar with a simple vision - to simplify payments for Indian businesses - we've since grown into a fintech powerhouse driving India's digital payment revolution.

Razorpay powers millions of businesses with a smarter, scalable stack that goes beyond transactions to help them truly build and grow.

From building AI-native agentic payments, to AI-assisted fraud detection and real-time risk intelligence to automated reconciliation, smart payouts, and predictive financial insights, we are embedding intelligence across our stack to make money movement faster, safer, and more efficient. In close collaboration with ecosystem partners - including banks, networks, regulators - we are pioneering industry-first solutions that are shaping the next era of fintech.

Across India, Singapore and Malaysia, our products span everything from seamless checkouts to payroll automation - powering a fintech ecosystem that’s redefining how money moves across Asia.

Today, that ecosystem supports everyone from early-stage startups to some of India’s largest enterprises, enabling them to accept, process, and disburse payments at scale while expanding into new ways of managing money more efficiently.

Our scale speaks volumes: Razorpay processes $180+ billion in annualized transactions, powering leading businesses like Airbnb, Facebook, WhatsApp, Airtel, CRED, BookmyShow, Zomato, Swiggy, Lenskart, Mirae Asset Capital markets, Indian Oil, National Pension Scheme - and over 100 of India’s unicorns. With strong roots in India and growing operations in Southeast Asia, we are shaping the next chapter of financial technology across the region.

We are backed by global investors including GIC, Peak XV Partners (formerly Sequoia Capital India & SEA), Tiger Global, Ribbit Capital, Matrix Partners, MasterCard, and Salesforce Ventures, having raised over $740 million to date. Strategic acquisitions - including Ezetap (POS and offline payments), Curlec (Malaysia expansion), BillMe (digital invoicing), and POP (rewards-first UPI) - along with earlier moves in fraud prevention, payroll, and lending, have further strengthened our platform and widened our footprint across Asia.

But what truly sets Razorpay apart is our culture. At Razorpay, ownership is our oxygen - you own what you build, with no micromanagement or red tape, just the runway to make your ideas fly. Learning is a lifestyle - if you’re curious, you'll feel at home here. People > Pedigree - we hire for attitude, hustle, and hunger more than degrees. Transparency thrives over titles - this is where interns question CXOs and CXOs say \"thank you.\" Guided by our values of Customer First, Autonomy & Ownership, Agility with Integrity, Transparency, Challenging the status quo and a strong belief that Razorpay grows with Razors, you'll be part of a 3000+ strong team building not just products, but the financial infrastructure of the future.

Razorpay's IFSC entity operates as a Payment Service Provider (PSP) regulated by the International Financial Services Centres Authority (IFSCA). This role sits within the Risk Management function and is responsible for risk identification, monitoring and management across the entity's business activities in line with IFSCA requirements. The incumbent will work closely with Operations and Compliance to implement the IFSCA risk-based approach - covering business risk assessment, customer risk assessment and enterprise-wide risk assessment from an AML-CFT and KYC perspective - and will support the designated official at the IFSC level in ensuring payment service activities are carried out in line with the risk management practices set out in Board-approved policies.

Key Responsibilities

• Risk Identification & Management: Identify, assess and monitor business, customer and enterprise-wide risks in line with IFSCA's risk-based approach and the entity's risk management policies.
• Transaction Monitoring: Monitor transactions for unusual or suspicious patterns, investigate system-generated alerts, and elevate red flags for further action within defined timelines.
• Sanction Screening: Conduct sanction and watchlist screening of customers and transactions, and ensure timely and accurate closure of screening alerts.
• Fraud & Chargeback Management: Review and manage fraud cases and chargebacks, identify patterns and trends, and recommend controls to mitigate recurring risks.
• SAR Reporting: Prepare Suspicious Activity Reports (SARs) with complete supporting documentation and submit them to the Compliance Officer accurately and within prescribed timelines.
• AML-CFT & KYC Risk Assessments: Support business risk assessment, customer risk assessment and enterprise-wide risk assessment from an AML-CFT and KYC standpoint, in coordination with the Compliance function.
• Cross-functional Coordination: Partner with the Operations and Compliance teams to ensure risk management practices are consistently implemented across payment service activities.
• Policy Adherence & MIS: Ensure adherence to approved risk management policies and procedures, and maintain accurate records and MIS for internal review and regulatory reporting.

Required Qualifications And Skills

• Education: Graduate/Postgraduate degree in Finance, Commerce, Business Administration or a related field. A certification such as CAMS (Certified Anti-Money Laundering Specialist) is an added advantage.
• Experience: 2 to 4 years of relevant experience in risk management, AML/KYC, transaction monitoring, sanction screening, or fraud and chargeback management – preferably within a bank, NBFC, payment aggregator/PSP, or fintech organisation.

Technical Skills

• Working knowledge of AML-CFT, KYC and sanctions screening frameworks and processes.
• Familiarity with IFSCA regulations applicable to payment service providers, or general knowledge of RBI/payment industry regulatory frameworks.
• Hands-on experience with transaction monitoring and case management systems, and strong working knowledge of MS Excel for data analysis.

Soft Skills

• Strong analytical and investigative skills with close attention to detail.
• Clear written communication skills for report writing and SAR documentation.
• Ability to work independently and coordinate effectively across Operations, Compliance and other functions.
• High ethical standards and integrity.

Razorpay believes in and follows an equal employment opportunity policy that doesn't discriminate on gender, religion, sexual orientation, colour, nationality, age, etc. We welcome interests and applications from all groups and communities across the globe.

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