Principal Officer

About this job

As the Principal Officer at Axi in Bengaluru, your core focus involves handling Anti-Money Laundering and Counter-Financing of Terrorism duties for the trading platform. Axi functions as a global provider of margin and deliverable Foreign Exchange, Contracts for Difference, and Financial Spread betting, operating offices across six regions with a focus on advanced trading technology. In your normal day, you manage compliance with local and international regulations, file Suspicious Transaction Reports with the FIU-IND, act as the primary contact for KYC matters, and identify potential money laundering risks. You oversee the KYC and Enhanced Due Diligence pod, build sanction screening frameworks, and collaborate with product teams to design risk engines that detect fraudulent transactions. Additionally, you work alongside Law Enforcement Agencies, manage internal Standard Operating Procedures, and monitor crypto deposit and Travel Rule regulations to protect the platform effectively.

Responsibilities

• Ensure products and business operations comply with local and international KYC laws.
• File Suspicious Transaction Reports with the FIU-IND accurately and on time.
• Build engines and risk policies to mitigate risks from crypto deposits using Travel Rule providers.
• Develop a sanction screening framework for the organization.
• Manage the KYC and Enhanced Due Diligence pod to maintain compliance and capture money laundering risks.
• Collaborate with the Product team to build fraud detection and ML risk engines.
• Liaise with Law Enforcement Agencies to resolve identified KYC issues.
• Own internal KYC, EDD, and compliance Standard Operating Procedures.

Requirements

• 10+ years of experience preferably in financial services, trading, or fintech.
• Minimum 2-3 years of experience working as a Principal Officer.
• Deep understanding of compliance and risk management.
• Strong collaborative traits and problem-solving skills across multiple teams.
• Familiarity with Web3 concepts like tokenization, custody, and Travel Rule.
• Excellent strategic thinking and problem-solving abilities.
• Ability to work effectively in a fast-paced environment.

Good to have

• Experience in fintech, digital, startups, or other high-growth setups.
• Post-graduation degree.

Who should apply

This role suits experienced compliance professionals with a strong background in financial services, trading, fintech, or high-growth startups. Ideal candidates bring over a decade of industry experience, including specific tenure as a Principal Officer, alongside a deep grasp of risk management and Web3 concepts. Freshers should not apply as this is a senior position requiring extensive prior leadership in anti-money laundering and regulatory compliance.

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