Part of NIUM, one of the well-known B2B payments unicorn in Southeast Asia. Instarem has been on a mission of making international payments easy and affordable for everyone since 2014. We are the go-to solution for businesses that need to move money quickly, reliably and at a lower cost than banks.

Instarem is on a mission to make money simple for everyone.

We offer a smarter, faster, and more affordable way to move money across borders. A way without unfair exchange rates, hidden fees, or other complexities. With Instarem, you get peace of mind knowing your money is moving quickly and safely.

Part of Nium, Instrarem India Pvt. Ltd., gives you all the benefits of a cutting-edge payments company and the convenience of a one-stop-shop for all your financial needs abroad. We are an authorised Dealer in Foreign Exchange – Category II. Easily and securely make international payments with our fast and convenient services. Consumers can buy foreign currency, travel cards, and transfer money abroad. With Instrarem India Pvt. Ltd., one can

- Send money oversees and experience fast, low-cost transfers to 60+ countries

- Buy and Sell Foreign Exchange at great rates and low fees

- Buy prepaid Forex Cards for seamless payments overseas

Roles and Responsibilities

• Perform comprehensive due diligence and enhanced due diligence on new and existing customers in line with regulatory requirements and internal policies
• Analyze customer information to identify potential risks or suspicious activities and escalate findings appropriately
• Ensure accurate and timely completion of KYC documentation while maintaining well-organized and up-to-date records
• Collaborate with internal teams to enhance and streamline KYC processes, policies, and control
• Stay informed of regulatory updates, compliance requirements, and industry best practices to ensure ongoing adherence
• Maintain accurate accounting records related to remittance operations
• Support statutory, internal, and tax audit processes by providing relevant documentation and information
• Assist the Operations team with management reporting, MIS preparation, and variance analysis
• Ensure proper documentation and record-keeping for compliance and audit readiness
• Provide operational and documentation support during audits and management reviews

Requirements

• A minimum of Bachelor’s degree or equivalent qualification in any discipline
• 1–3 years of experience in KYC, AML, or compliance roles within the financial services or remittance industry
• Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint)
• Strong organizational and time management skills
• Excellent verbal and written communication abilities
• Proactive, analytical, and solution-oriented approach to problem-solving and risk management