Banking & Compliance

BFSI Risk, Compliance & AML Regulations

India’s booming FinTech and banking ecosystem faces stringent regulatory supervision. Learn transaction monitoring, suspicious activity reporting (STR), credit risk analysis, and fraud prevention.

Curated 2026 Curriculum GuideProject-Based Track

AML Screening ToolsLexisNexisActimizeMS ExcelRBI Circular Portals

🇮🇳 Indian Market Benchmark

Expected CTC Range₹5.5L – ₹16.0L LPA

Estimated Timeline8 – 10 Weeks

Demand Scope12,000+ Openings

Experience LevelIntermediate

Top Hubs:Mumbai, Chennai, Bengaluru, Delhi NCR, Jaipur

Explore Career Compass Match

Core Track Highlights

Recession-proof banking career with high job security

Essential requirement for all NBFCs, FinTechs (Razorpay, Paytm, CRED), and private banks

Clear progression to Chief Compliance Officer (CCO) and Risk Director

Structured Phase-by-Phase Syllabus

Focus on build-by-doing milestones rather than passive video consumption.

Weeks 1-3

Phase 1: KYC, Customer Due Diligence & CDD

PMLA (Prevention of Money Laundering Act) provisions
Customer onboarding KYC, video KYC (V-KYC), and PEP screening
Beneficial ownership verification for corporate accounts

🎯 Milestone Proof Project: Enterprise Customer Due Diligence (CDD) Risk Profiling Matrix.

Weeks 4-6

Phase 2: AML Transaction Monitoring & STR

Structuring, smurfing, and red flag transaction patterns
Filing Suspicious Transaction Reports (STR) on the FIU-IND portal
Sanctions screening (OFAC, UN sanctions lists)

🎯 Milestone Proof Project: Transaction Monitoring Alert Triage Case Study.

Weeks 7-10

Phase 3: Digital Lending & RBI Guidelines

RBI Digital Lending Guidelines and First Loss Default Guarantee (FLDG)
Payment aggregator and PPI regulatory norms
Operational risk and fraud mitigation audits

🎯 Milestone Proof Project: Complete FinTech Digital Lending Regulatory Audit Checklist.

Technical Interview Questions & Answers

Q1: What constitutes a Suspicious Transaction under Indian PMLA guidelines?

A transaction that gives rise to a reasonable ground of suspicion that it may involve proceeds of crime, appears to have no economic rationale, or involves unusual complexity with cash/crypto layering.