Compliance AML Analyst

About the Company

Credila Financial Services Limited (Formerly known as HDFC Credila Financial Services Limited) is one of India's largest education loan non-banking financial companies (NBFCs) offering education loans to Indian students. With an in-depth understanding of the higher education domain in India as well as overseas, Credila offers tailor-made education loan solutions that help enable students to be financially equipped to pursue their education at their dream university and country of study. Since inception, Credila has funded 178,000+ Indian students across 63 countries in 4,600 institutes.

Job Description:

The Compliance and AML Analyst will support the Compliance function in ensuring adherence to regulatory and internal compliance requirements of the NBFC. The role involves oversight and execution of Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) processes, regulatory reporting, compliance monitoring, and providing analytical support in audits, inspections, and management reporting.

Responsibilities

AML/CFT Compliance

• Ensure effective implementation of AML/CFT policies and procedures in line with PMLA, RBI Master Directions, and FIU-IND requirements.
• Conduct sanction screening and transaction monitoring on an ongoing basis; escalate suspicious activities in line with internal procedures.
• Prepare and file STRs, CTRs, and other regulatory reports through FINNET 2.0.
• Maintain and periodically update customer risk categorization and due diligence records.
• Assist in AML system validation, scenario tuning, and parameter review exercises.
• Coordinate and support FIU-IND queries, inspections, and information requests.
• Maintain thorough documentation of suspicious activity investigations and ensure compliance with internal reporting protocols

Compliance Monitoring & Reporting

• Support in RBI and regulatory return filings and ensure timely submissions.
• Conduct compliance testing and follow-up on action plans arising from audit and inspection observations.
• Assist in maintaining a compliance calendar, ensuring timely tracking of regulatory developments and circulars.
• Prepare compliance dashboards, reports, and presentations for submission to senior management, Audit Committee, and the Board.

Advisory & Research

• Undertake research on RBI guidelines, circulars, and NBFC-specific regulations to assist in interpretation and implementation.
• Support the advisory function by analyzing regulatory requirements and their applicability to new products, services, or business models.

Training & Awareness

• Support in the design, delivery, and periodic review of AML/CFT and regulatory compliance training across the organization.
• Maintain training records and ensure ongoing compliance awareness among staff.

Audit & Inspection Support

• Liaise with internal and external auditors, RBI inspection teams, and other regulatory agencies as required.
• Ensure proper documentation, tracker and closure of compliance observations and inspection findings.

Skills and Experience:

• 4-5 years of experience in anti-money laundering/financial crime compliance and related NBFC compliance roles.
• Strong knowledge of PMLA, FIU-IND reporting requirements, and RBI NBFC regulations.
• Hands-on experience with sanction screening tools and transaction monitoring systems.
• Working knowledge of FINNET 2.0 platform and regulatory return preparation.
• Analytical mindset with attention to detail and ability to handle large datasets
• Good written and verbal communication skills; proficiency in MS Office (Excel, PowerPoint, Word).
• Integrity, discretion, and ability to handle confidential information

Qualifications:

• Bachelor's degree in commerce, Law, or related discipline. Candidates with a compliance and/or legal background preferred

Job Location: Mumbai (Kalina)