Manager - Compliance

As a Manager of Compliance at CoinSwitch, you lead the compliance operations of one of India's leading crypto investment platforms, registered with FIU-IND as a Virtual Digital Asset Service Provider (VDA SP). You manage AML/CFT controls, transaction monitoring, blockchain investigations, customer due diligence, and regulatory reporting. You work closely with internal teams to strengthen controls, address emerging risks and meet regulatory obligations in the fast-evolving virtual digital asset ecosystem.

What you'll do

• Lead the review and investigation of transaction monitoring alerts across fiat and virtual digital asset transactions, including complex and high-risk cases, and prepare high-quality Suspicious Transaction Reports (STRs) with clear, evidence-based narratives.
• Review transaction monitoring scenarios, thresholds and red flags to improve detection effectiveness and reduce false positives.
• Identify emerging typologies, unusual transaction patterns and potential misuse of the platform, and translate findings into actionable control improvements.
• Conduct blockchain investigations using analytics tools to trace fund flows, assess wallet exposure and investigate links to illicit activity, including scams, darknet services, mixers and sanctioned entities.
• Review virtual asset deposits and relevant wallet exposure alerts, document findings and take appropriate action in line with internal policies and regulatory requirements.
• Support Travel Rule compliance, including information exchange with counterparty VASPs, and review cases involving unhosted wallets in accordance with applicable requirements.
• Ensure timely and accurate filing of STRs and other applicable regulatory reports in accordance with PMLA, the PML Rules and FIU-IND requirements.
• Oversee compliance with customer due diligence, beneficial ownership identification, risk categorisation, periodic KYC updates and enhanced due diligence requirements.
• Ensure appropriate maintenance and retrieval of KYC, transaction and investigation records in accordance with applicable record-retention requirements.
• Monitor regulatory circulars, advisories, notifications and emerging AML/CFT typologies, and assess their impact on existing policies, controls and procedures.
• Support the Designated Director and Principal Officer in meeting applicable regulatory obligations, including independent AML/CFT audits and remediation of audit observations.
• Oversee customer screening against applicable sanctions lists, PEP databases, adverse media and other relevant watchlists.
• Review screening matches, ensure appropriate disposition of potential matches and support timely action on applicable sanctions and freezing requirements.
• Review high-risk customers and transactions, including complex fund flows, high-value activity and cases requiring enhanced due diligence.
• Strengthen customer risk assessment and ongoing monitoring processes based on customer profiles, transaction behaviour and emerging risk indicators.
• Manage responses to requests from law enforcement agencies, FIU-IND and other competent authorities, including information requests, notices and account-related directions.
• Coordinate the collection, validation and submission of relevant customer, transaction and investigation records within prescribed timelines.
• Support regulatory inspections, compliance reviews, audits and information requests, ensuring that responses are accurate, complete and appropriately documented.
• Track regulatory observations and agreed action plans through to closure, working with relevant stakeholders where required.
• Prepare management updates and periodic compliance reports covering key risks, suspicious activity trends, control effectiveness and regulatory developments.
• Contribute to enterprise-wide AML/CFT risk assessments and periodic reviews of policies, procedures and internal controls.
• Work with Product, Engineering, Data and Operations teams to strengthen monitoring capabilities, improve investigative workflows and address identified control gaps.
• Maintain clear investigation records, case documentation and audit trails to support regulatory scrutiny and internal reviews.
• Guide analysts on case investigations, STR quality, screening decisions and escalation standards, while supporting ongoing training and capability development.

What you bring

• CAMS certification from ACAMS (mandatory)
• 5-8 years of overall professional experience, including at least 3 years of hands-on AML/CFT experience in a VDA platform, bank, NBFC, payments company, brokerage or a comparable regulated financial services environment
• Strong working knowledge of PMLA 2002, the Prevention of Money-laundering (Maintenance of Records) Rules 2005, and FIU-IND's AML/CFT requirements for VDA SPs
• A sound understanding of FATF Recommendations, particularly Recommendations 15 and 16, and their relevance to virtual asset activities
• Practical experience in transaction monitoring, suspicious transaction investigations and STR preparation and filing
• Experience handling law enforcement requests, regulatory information requests and time-sensitive compliance matters
• The ability to analyse transaction data, identify patterns and draw meaningful conclusions using Excel and preferably SQL or similar data analysis tools
• Strong written and verbal communication skills, with the ability to prepare clear investigation reports, regulatory responses and management updates
• Good judgement, attention to detail and the ability to independently manage complex cases while guiding junior team members

Nice to have

• Hands-on experience with blockchain analytics tools such as Chainalysis Reactor/KYT, TRM Labs or Elliptic
• Experience working with transaction monitoring, screening or case management systems, including rule configuration, threshold optimisation and control testing
• Exposure to Travel Rule implementation and interactions with counterparty VASPs
• Experience with virtual asset regulatory frameworks outside India, including VARA (Dubai) or CBB (Bahrain)
• Additional certifications such as CCAS, CFE or ICA qualifications

What we offer

• Hybrid role based in Bengaluru
• Up to 8 months of maternity leave and 1 month of paternity leave
• Gender reassignment surgery support and medical bill reimbursement

About CoinSwitch

CoinSwitch is one of India's leading crypto investment platforms, registered with FIU-IND as a Virtual Digital Asset Service Provider (VDA SP). The compliance team works across AML/CFT controls, transaction monitoring, blockchain investigations, customer due diligence, and regulatory reporting.