About the role

Retail Banking Operations team ensures smooth processing of outward remittance transactions in compliance with FEMA, RBI, LRS, and AML/KYC regulations. The Associate Operations Specialist validates customer instructions, performs regulatory checks, and coordinates with branches and correspondent banks to resolve queries. Thane, Maharashtra, India, on-site role with standard 40‑hour work week.

What you’ll do

Process retail outward remittances
Validate documentation and purpose code mapping
Perform AML/KYC and regulatory compliance checks
Coordinate with branches, relationship managers and correspondent banks
Maintain transaction records and support audit reporting
Identify process gaps and suggest automation improvements

What you’ll bring

2-5 years relevant experience
Knowledge of FEMA and LRS guidelines
Experience with AML/KYC and sanctions screening
Familiarity with SWIFT messaging and purpose codes
Understanding of cross‑border payment workflows

Nice to have

Bachelor degree in Commerce, Science, Arts or Management
Master’s degree (MBA, M.Com, MA) preferred

Skills

Outward RemittanceFEMALRSAML/KYCSWIFTRegulatory ReportingCustomer ServiceProcess Improvement

Education

B.Com
B.Sc
BA
BBI
BMS
MBA
M.Com
MA