Position: Compliance Analyst
Location: Mumbai
Working Days: 5 (Mon-Fri)
Experience Required: 2 Years
Our Client is a leading global, digital-first private wealth platform, providing comprehensive wealth management and enterprise solutions with a diverse portfolio with 1000+ products, spanning 20+ asset classes, including ETFs, Bonds, Structured Products, Institutional Funds, and Alternatives. Having regulated presence in Singapore, India, Hong Kong, and UAE, they have a user base of 50,000+ and more than 450 partners across the globe.
They are looking for a detail-oriented and proactive Compliance Analyst / Associate to join their Compliance team. In this role, you will play a key part in safeguarding the firm's regulatory standing by supporting anti-money laundering (AML) operations, client due diligence, and broader compliance initiatives. You will work closely with Relationship Managers, senior leadership, and external stakeholders to ensure the firm meets its obligations under applicable laws and regulations.
- Facilitate Know Your Customer (KYC) reviews as part of the client onboarding process, ensuring all documentation and risk assessments meet internal and regulatory standards.
- Lead and coordinate periodic client reviews and ad hoc reviews triggered by material changes or risk events.
- Investigate suspicious activities escalated to Compliance promptly and thoroughly, and prepare Suspicious Transaction Reports (STRs) where required.
- Conduct ongoing AML transaction monitoring within established timelines, identifying and escalating unusual patterns or red flags.
- Perform daily client screening and sanctions monitoring, escalating matches to the Relationship Manager and Head of Compliance as necessary.
- Track and follow up on outstanding client documentation, escalating accounts with overdue or deficient records to the Head of Compliance within stipulated timeframes.
- Participate in remediation and data clean-up exercises to address compliance gaps across the client portfolio.
- Stay current with evolving compliance policies, regulatory developments, and industry best practices relevant to the firm's operations.
- Support ad hoc compliance reviews, thematic testing, and regulatory-driven projects as directed by the Head of Compliance.
- Design and deliver compliance training programmes for the firm, including annual refresher sessions on key compliance and AML topics, as well as induction training for new joiners.
- Experience: Minimum 2 years of hands-on AML/KYC experience within a fund management company, broker-dealer, asset management firm, private bank, or in a compliance-focused audit role.
- Skills & Competencies:
- Analytical thinking, An inquisitive mindset with the ability to proactively identify issues, assess risk, and propose practical solutions.
- Time management , Ability to manage competing priorities and deliver high-quality work under tight deadlines.
- Attention to detail , Strong eye for detail, balanced with the ability to see the bigger picture and assess matters in context.
- Regulatory knowledge, Solid understanding of MAS Notice SFA04-N01, associated guidelines, and broader reputational and regulatory risk considerations.
- Communication , Excellent written and verbal communication skills, with the confidence to engage effectively across all levels and with external stakeholders.
- Technical proficiency , Strong working knowledge of Microsoft Excel (required); familiarity with compliance screening tools or case management systems is a plus.
- A collaborative and close-knit compliance team with direct exposure to senior leadership.
- Opportunities to contribute to firm-wide compliance strategy and regulatory projects.
- A professional environment that values integrity, continuous learning, and career development.
