Assistant Manager FRM

Assistant Manager FRM

Location: Mumbai

Company Overview

Worldline is a global leader in payment services delivering innovative and secure solutions for financial institutions merchants and enterprises. As a trusted partner in the digital payments ecosystem Worldline enables seamless compliant and reliable transaction processing while supporting sustainable business growth.

Position Summary

The Assistant Manager Fraud Risk Management (FRM) will be responsible for merchant onboarding KYC verification and risk assessment activities to ensure adherence to regulatory and internal compliance requirements. The role supports the mitigation of AML fraud and regulatory risks while enabling efficient merchant onboarding and ongoing business operations.

Key Responsibilities

Collect and verify complete merchant KYC documentation including entity details authorized signatories and beneficial owners
Conduct due diligence on merchant business models ownership structures and permitted activities
Perform merchant risk profiling and classification in line with AML and fraud risk guidelines
Execute review and maintain merchant agreements and regulatory documentation
Conduct periodic KYC reviews and ensure audit readiness for active merchants
Coordinate with internal stakeholders to resolve onboarding and compliance-related issues

Regulatory Knowledge

RBI KYC Master Directions
Prevention of Money Laundering Act (PMLA) 2002
RBI Guidelines on Payment Aggregators / Payment Gateways
NPCI and Card Network operating rules

Required Qualifications

Bachelors degree in Commerce Business Administration Finance Banking or a related field
36 years of experience in merchant onboarding KYC AML compliance or fraud risk management
Experience in payments fintech banking or regulated financial services organizations preferred

Technical & Functional Skills

Strong understanding of KYC AML and fraud risk frameworks
Knowledge of regulatory requirements applicable to payment aggregators and acquiring businesses
Ability to review and interpret legal and compliance documentation
Strong attention to detail and documentation skills

We Offer

Exposure to regulatory and risk management practices in the payments ecosystem
Learning and development opportunities through structured training programs
Collaborative and compliance-driven work culture.

Diversity Statement

At Worldline we are committed to fostering a diverse and inclusive workplace. We value different perspectives and experiences and encourage applications from all qualified individuals regardless of gender ethnicity disability age sexual orientation or religious background.