AML compliance head


  • Full Time
what is CRED? 
CRED is an exclusive community for India’s most trustworthy and creditworthy individuals, where the members are rewarded for good financial behaviour. CRED was born out of a need to bring back the focus on a long lost virtue, one of trust, the idea being to create a community centred around this virtue. a community that constantly strives to become more virtuous in this regard till they finally scale their behaviour to create a utopia where being trustworthy is the norm and not the exception. to build a community like this requires a community of its own; a community special in its own way, working towards making this vision come true.  
here’s a thought experiment: what do you get when you put a group of incredibly passionate and driven people and entrust them with the complete freedom to chase down their goals in a completely uninhibited manner? answer: you get something close to what we have at CRED; CRED just has it better. 
here’s what will be in store for you at CRED once you join as a part of the team:

what will you do?

  • design, operate and monitor sanction screening program and ensure that its operating at optimum efficiency such that false positives are lowest without exposing the org to sanction violation risks
  • design, operate and review suspicious activity monitoring program for CRED group keeping in mind regulatory guidelines and industry best practices. This would involve design of red flag indicators, simulations and continuous validation on rules effectiveness and efficiency
  • work with product and tech teams to build robust AML systems
  • perform entity/ business level money laundering and terrorist financing risk assessment, identify gaps, devise risk mitigations plans and drive closure
  • evaluate new products and technologies from ML & TF risks perspective and drive necessary product interventions to mitigate risks
  • conduct horizon scan to predict and mitigate emerging ML typologies and risks
  • manage a team of AML analysts and ensure timely and correct disposition of alerts
  • ensure timely reporting of suspicious activity to Financial Intelligence Unit [FIU-IND]
  • participate in industry forums, AML & CFT working groups to represent CRED and propagate best practices for the industry
  • establish and conduct money laundering training for CRED employees
  • run periodic review with top management on AML program and drive attention to area of concerns
  • you should apply if you:

  • have worked with the Banking/ Finance industry for a minimum 8 years of which 4-6 years in AML function
  • have managed AML programs including risk assessment, rule drafting and suspicious activity monitoring and reporting process
  • have completed AML compliance certification from ACAMS, ACFE or other accredited institutions
  • experienced in dealing with regulators [FIU/RBI] on the aspects related to AML
  • like to operate independently and driven by innovative thinking coupled with conventional wisdom.
  • how is life at CRED?
    working at CRED would instantly make you realise one thing: you are working with the best talent around you. not just in the role you occupy, but everywhere you go. talk to someone around you; most likely you will be talking to a singer, standup comic, artist, writer, an athlete, maybe a magician. at CRED people always have talent up their sleeves. with the right company, even conversations can be rejuvenating. at CRED, we guarantee a good company.
    hard truths: pushing oneself comes with the role. and we realise pushing oneself is hard work. which is why CRED is in the continuous process of building an environment that helps the team rejuvenate oneself: included but not limited to a stacked, in-house pantry, with lunch and dinner provided for all the team members, paid sick leaves and a comprehensive health insurance. 
    to make things smoother and to make sure you spend time and energy only on the most important things, CRED strives to make every process transparent: there are no work timings because we do not believe in archaic methods of calculating productivity, your work should speak for you. there are no job designations because you will be expected to hold down roles that cannot be described in one word. since trust is a major virtue in the community we have built, we make it a point to highlight it in the community behind CRED: all our employees get their salaries before their joining date. a show of trust that speaks volumes because of the skin in the game.
    there are many more such eccentricities that make CRED what it is but that’s for one to discover. if you feel at home reading this, get in touch.
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