About RedotPay

RedotPay is a global crypto payment fintech integrating blockchain solutions into traditional banking and finance infrastructure. Our user-friendly crypto platform empowers millions globally to spend and send crypto assets, ensuring faster, more accessible, and inclusive financial services. RedotPay advances financial inclusion for the unbanked and supports crypto enthusiasts, driving the global adoption of secure and flexible crypto-powered financial solutions. Join us in shaping the future of finance and making a meaningful impact on a global scale.

Job Summary

The Principal Officer (PO) will serve as the designated Principal Officer responsible for ensuring RedotPay’s full compliance with anti-money laundering (AML), combating the financing of terrorism (CFT), and countering proliferation financing (CPF) obligations under Chapter IV of the Prevention of Money Laundering Act, 2002 (PMLA) and the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 (PMLR) in India. The PO will oversee governance, risk assessment, transaction monitoring, reporting, and the overall AML/CFT/CPF program while collaborating with cross-functional teams and maintaining strict independence from business and revenue-generating activities.

Key Responsibilities

Governance Framework & Compliance

• Serve as the designated Principal Officer for AML/ CFT/ CPF obligations.
• Develop, implement, maintain and periodically review the AML/ CFT/ CPF compliance framework.
• Ensure implementation of risk-based policies, procedures and internal controls.
• Conduct periodic reviews of the effectiveness of compliance controls and escalation mechanisms.
• Present periodic AML compliance reports to the Board or designated committee.

Transaction Monitoring and Reporting

• Oversee transaction monitoring systems and risk-based surveillance programs.
• Review escalated alerts and determine whether transactions warrant regulatory reporting.
• Take final decisions regarding Suspicious Transaction Reports (“STRs”) and related filings.
• Maintain adequate records supporting STR filing and non-filing decisions.
• Ensure timely submission of all required reports.

Regulatory & Government Liaison

• Act as the primary point of contact with FIU-IND and other relevant regulatory authorities.
• Coordinate responses to regulatory requests, inquiries, notices, inspections, audits, and investigations.
• Promptly communicate (and update via the FINGate portal) the name, designation, address, and contact details of the Principal Officer and Designated Director to FIU-IND.
• Support overall regulatory compliance engagements.

Training, Internal Oversight & Culture

• Deliver AML/ CFT/ CPF training programs to relevant employees.
• Establish internal reporting and escalation mechanisms.
• Coordinate with legal, operations, product, security and technology teams.

Documentation and Recordkeeping

• Ensure maintenance and preservation of records in accordance with applicable legal requirements.
• Maintain audit trails and compliance documentation.

Qualifications & Experience

• Bachelor’s degree in Law, Finance, Accounting, Compliance, Risk Management, Business, or a related field. Professional certifications such as CAMS, ICA, CFE, or equivalent AML specialist certifications are preferred.
• Minimum 5–10 years of relevant experience in AML/CFT/CPF compliance, financial crime prevention, or regulatory reporting, with at least 3 years in a role involving PMLA/PMLR obligations; prior experience in banking, fintech, payments, cryptocurrency exchanges, or VDA service providers is strongly preferred.
• Thorough knowledge of PMLA, PMLR, FIU-IND guidelines, FATF standards, ML/TF/PF risks and typologies specific to the VDA/VDA service provider sector, and emerging trends.
• Proven ability to interact with regulators, manage audits/inspections, and present to Board-level committees.
• Must be based in India
• Fluency in English.