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Binance

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MLRO - India

India, Bangalore
Full-time

About this role

Why Binance

  • Shape the future with the world’s leading blockchain ecosystem
  • Collaborate with world-class talent in a user-centric global organization with a flat structure
  • Tackle unique, fast-paced projects with autonomy in an innovative environment
  • Thrive in a results-driven workplace with opportunities for career growth and continuous learning
  • Competitive salary and company benefits
  • Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)

Responsibilities:

  • Development and management of India’s AML compliance policies and processes in accordance with local regulations and guidelines.
  • Ensure ongoing monitoring, detection, and reporting of suspicious activities as per Indian regulatory requirements.
  • Coordinating various regulatory filings and communications with Indian authorities such as the Financial Intelligence Unit.
  • Conducting internal compliance policy reviews, including ongoing assessments, assisting with compliance reviews, internal audit reviews, and ad-hoc investigations.
  • Assisting in the development and delivery of AML and compliance training materials tailored for the Indian market.
  • Providing regular statistics and reports on monitoring completion and compliance status as needed.
  • Making recommendations for enhancing the firm’s AML systems, controls, and processes to meet Indian regulatory standards.
  • Managing monitoring registers and other records necessary to evidence compliance efforts.
  • Assisting with maintaining overall compliance with the requirements and obligations prescribed by Indian regulatory authorities such as the Reserve Bank of India (RBI), SEBI, and FIU-IND.

Requirements:

  • Proven interest and/or experience in the fintech sector, preferably within the Indian regulatory environment.
  • Minimum of 8 years of experience in risk, fraud, compliance, AML, or regulatory functions, with experience working in regulated financial services businesses in legal or compliance roles preferred.
  • Strong knowledge of Indian AML laws, regulations, and guidelines, including the Prevention of Money Laundering Act (PMLA) and related rules.
  • Ability to work independently in a fast-paced, global organization while maintaining close contact with relevant teams across multiple locations.
  • Excellent problem-solving skills and ability to provide practical and efficient compliance counsel.
  • Good understanding of performing risk assessments, periodic/trigger reviews, and enhanced due diligence specific to the Indian market.
  • Curious and proactive learner, confident to ask questions to achieve the best results.
  • Proficiency in compliance applications and programs.
  • Ability to carry out necessary studies to ensure compliance with Indian regulations and to provide necessary communication and coordination with Indian regulatory bodies.
  • Proactive, self-oriented, and diligent team player with strong interpersonal skills.

Additional Information

Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success. By submitting a job application, you confirm that you have read and agree to our Candidate Privacy Notice.

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