Principal Officer

About GoSats

GoSats helps you earn free bitcoin when you shop in India.

Tech

We use AWS Lambda stack with NodeJS for backend. React-Native for frontend.

The role

**DISCLAIMER - AI Generated messages will automatically lead to your profile not being considered. Talk to us like how you would talk if we met over coffee.****A. About the Role:**We are looking for an experienced compliance professional to take on the role of Principal Officer for our Virtual Digital Asset (**VDA**) operations under the Prevention of Money Laundering Act, 2002 (**PMLA**).This is a management-level position with significant responsibility. The Principal Officer will report directly to the Board and will play a pivotal role in building and shaping our compliance culture.**B. Core Responsibilities:****Regulatory Compliance**●      Act as the primary contact point for FIU-IND, law enforcement agencies, and other regulators.●      File statutory reports accurately and on time.●      Ensure full compliance with PMLA requirements and broader anti-money laundering (**AML**) obligations.●      Ensure all product features meet regulatory compliance according to RBI, NPCI and others as applicable.**AML Program Oversight**●      Develop, implement, and continuously strengthen the AML framework for digital asset operations.●      Oversee ongoing transaction monitoring, onboarding journeys, and risk-based controls.●      Maintain strong KYC processes and end-to-end transaction surveillance.**Risk Management & Assessment**●      Serve as a permanent member of committees assessing AML risks across products, channels, customer segments and geographies.●      Track emerging AML risks, typologies, and vulnerabilities in India and the global VDA ecosystem.●      Evaluate risk implications of new business initiatives and provide clearance prior to launch.**Governance**●      Present quarterly AML updates and compliance reports to the Board / Board Sub-Committees.●      Establish protocols for timely and accurate information sharing during regulatory inquiries.●      Build and lead a well-resourced compliance function.**Training & Culture**●      Design and deliver AML training programs for employees at all levels.●      Champion a strong compliance culture across the organization.**C. Mandatory Qualifications:**●      **Experience**: At least 3 years of hands-on experience in AML compliance, financial crime prevention, or regulatory compliance within financial services or the VDA sector.●      **Expertise**: Strong command over PMLA and related anti–money laundering regulations.●      **Knowledge**: Clear understanding of AML risks and typologies relevant to India and the global VDA ecosystem.●      **Location**: Based in India to ensure effective coordination with FIU-IND and other regulatory bodies.●      **Skills**: Proven analytical ability, strong communication skills, and leadership qualities.**Note:** This is a full-time position dedicated exclusively to AML responsibilities. No concurrent operational roles or external engagements will be permitted.**D. Preferred Attributes:**●      Prior experience as a Principal Officer – ideally with a VDA Service Provider, or alternatively with a regulated financial institution.●      Professional certifications in AML compliance (e.g., CAMS, ICA, CAFP or similar certifications).●      Demonstrated experience handling FIU-IND reporting and regulatory audits end-to-end.●      Proven ability to build AML programs from the ground up in fast-paced and high-growth environments