PhonePe Hiring Graduates, Postgraduates, and MBA: Check Experience Details

Overview:

PhonePe is hiring an experienced Risk Investigator – AML & Surveillance (Stock Broking Transaction Monitoring & Reporting) at their Bangalore location. You will work closely with other members of the Trust & Safety, Compliance, Risk Management, Operating Businesses and Support Functions, assisting in enhancing the oversight of PhonePe’s business activities in India. You will be part of a team with members from a wide range of academic and professional backgrounds.

The complete details of this job are as follows:

Roles and Responsibilities:

• Understand the AML & Surveillance workflow in the Stock Broking Domain, adhering to regulatory aspects (NSE, BSE, CDSL, NSDL, SEBI, RBI, FIU).
• Manage and mitigate alerts triggered by various red flags. Conduct research, investigations, and identify risky patterns, trends, and anomalies in complex transactional and customer data to detect, prevent, mitigate, and report suspicious activity related to ML/TF at PhonePe Wealth Broking Pvt. Ltd.
• Possess a deep understanding of regulatory policies, SEBI/NSE/BSE circulars, and depository rules, applying regulatory concepts in day-to-day job functions.
• Hands-on experience in conducting thorough research on higher-risk customers, utilizing systems and databases for investigative purposes, and reviewing high-risk client activity to identify unusual patterns.
• Prepare and file Suspicious Transaction Reports (STR) and ensure timely submission of AML and surveillance alerts to regulators, depositories, and stock exchanges (BSE/NSE).
• Present AML and Surveillance alerts to Senior Management at quarterly intervals.
• Monitor, process, and close surveillance and transactional alerts received from the exchanges and depository.
• Apply industry best practices for Anti laundering within the Stock Broking domain.
• Analyze comparative data, prepare reports related to AML risk assessments, and monitor AML-related issues and escalations.
• Support AML monitoring, working with PO/MLRO or APO on monitoring alerts and closure processes, and contribute to reconciliation activities.
• Work independently with minimal supervision, effectively managing time and prioritizing workload.

Education & Preferred Qualifications:

• Requirements include, but are not limited to:
• Graduate Degree; MBA or other postgraduate degree is a plus.
• Minimum 3-5 years of relevant experience in the Stock Broking domain, focusing on Anti Money Laundering Investigations, Escalations, and FIU-IND Reporting.
• In-depth understanding of AML/CFT framework, SEBI Stock Broking regulations, circulars, Stock Exchange rules, byelaws, and related acts affecting business activities.
• Experience in preparing and filing regulatory reports to SEBI/Exchanges (NSE|BSE)/CDSL/FIU-IND.
• Knowledge of AML tools (Trackwizz, etc.) would be advantageous.
• Any recognized AML certification is a plus.
• Proficient in MS Office (Word, Excel, and PowerPoint).
• NISM Certification (Securities Operations, Risk Management, etc.) would be an added advantage.
• A team player with excellent drafting, strong interpersonal skills, and verbal communication.
• Demonstrated ownership and a proven track record of delivering results with strong attention to detail and analytical skills.

Other Competencies:

• Strategic Mindset
• Internal/External stakeholder engagement
• Willingness to adapt & learn.
• Flexibility and team-player mentality

Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information. Neither the Author nor Studycafe and its Affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.