Principal Officer with Suncrypto (Jaipur, PQE: 3-5 years): Apply Now

Deadline Open Deadline

Location Jaipur, Rajasthan, India

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

At SunCrypto, transparency and accountability are at the core of everything we do. They’re committed to keeping their users informed and empowered, ensuring easy access to the information they need. Backed by a team of dedicated experts, they strive to deliver exceptional customer support and are always available to assist with any questions or concerns.

Details of the Job/Internship

SunCrypto is hiring for the position of Principal Officer with 3-5 years of experience to join their office in Jaipur.

Role and Responsibilities

Leadership & Governance

Lead and oversee the AML/KYC and compliance teams across the organization.
Design, implement, and continuously refine AML/KYC policies and compliance procedures.
Ensure that compliance frameworks reflect current laws, regulations, and industry best practices.

Risk Assessment & Mitigation

Conduct periodic risk assessments to evaluate exposure to AML/Counter-Financing of Terrorism (CFT) risks.
Adopt a risk-based approach to compliance strategy and operations.
Monitor the effectiveness of internal controls and recommend improvements as needed.

Monitoring, Reporting & Investigation

Supervise the review and investigation of suspicious transactions.
Ensure timely reporting of Suspicious Transaction Reports (STRs) and other regulatory submissions to appropriate authorities (e.g., FIU-IND).
Present periodic compliance reports to senior leadership and the Board.
Training & Awareness
Develop and lead training initiatives to promote company-wide compliance awareness.
Foster a proactive compliance culture across all departments.
Regulatory Interface
Serve as the principal point of contact with regulators, auditors, and law enforcement agencies.
Handle regulatory inspections, audits, and inquiries effectively and transparently.
Stay abreast of legislative and regulatory changes and adapt internal policies accordingly.

Audit & Controls

Coordinate with internal audit teams to evaluate compliance controls.
Address audit observations and implement timely corrective actions.
Policy Development
Periodically review and update internal policies related to AML/KYC and regulatory compliance.
Ensure all documentation aligns with prevailing regulatory standards and best practices.

Eligibility

Education:

Bachelor’s degree in Finance, Law, Business Administration, or a related field.
Postgraduate qualifications preferred.

Certifications:

CAMS (Certified Anti-Money Laundering Specialist) or ICA certification preferred.

Experience:

Minimum 3–5 years of hands-on experience in AML/KYC compliance.
At least 3 years in a managerial or Principal Officer capacity.

Technical Knowledge:

In-depth understanding of AML regulations, including the Bank Secrecy Act, USA PATRIOT Act, FIU-IND, the Travel Rule, and FATF guidelines.
Proficiency with compliance tools, regulatory reporting platforms, and audit software.