As a part of our Global Managed Services Delivery team, you will be working with EY offices across the globe to provide an array of compliance solutions to our clients. The team works on short to long term engagements to provide assistance in establishing, maintaining and reviewing the outputs of business functions and compliance programs.
Our Financial Crime Consulting team consists of hundreds of professionals who advise and drive change for the firms banking, capital markets, insurance, and asset management clients in Financial Crime.
Our Financial Crime Consulting team specializes in several areas, including
- AML transaction monitoring
- SAR drafting
- Fraud Investigation
- Crypto investigation
- Customer screening
- Payment screening filtering for Sanctions, PEPs and adverse media
- KYC Remediation
- Compliance testing and FATCA
- Financial crime risk assessment reviews
Key
As a Financial Crime Compliance Analyst, you will predominantly support the compliance team in the financial crime space. You will help businesses comply with financial crime regulations and adhere to relevant client(s) policies and procedures related to anti-money laundering and counter-terrorist financing.
- Multi-task, learn on the job and work under pressure to meet strict deadlines in a fast- paced environment
- Devising process documentation and translating complex processes into easy-to-followinstructions
- Coordinating efforts with internal stakeholders as appropriate
- Work as a member of a team to ensure operational readiness of applications and processes required to conduct AML program requirements
- Seek to understand the overall process and objective before beginning to work on a task
- Escalate issues and problems, articulate clearly to leadership, onshore and client team
- Demonstrate integrity, respect and be able to work collaboratively with team members
Skills and Attributes for Success
- Time management skills to be able to manage deadline effectively
- Exhibit analytical skills and attention to detail while maintaining a holistic view and logical thinking
To qualify for the role, you must have
- Bachelors /masters degree in finance, accounting, economics, law, or a related field
- 1-3 years of work experience in AML Transaction Monitoring
- Demonstrated experience in a consulting role or within a large corporate environment, with a strong understanding of global Financial Crime Compliance practices
- Good understanding of SAR drafting and AML regulatory reporting.
- Strong analytical skills and the ability to interpret complex financial data
- Good understanding of banking industry, its products, and services
- Experience analysing financial/bank statements
- Experience in interpreting policy documents
- Willingness to work from office; 5 days a week
- Willingness to work on Indian Holidays as per client requirement
- Willingness to work in shifts, if required
- Willingness to travel, within the country and internationally as required
- Proficiency in transaction monitoring systems and other relevant technologies
Proficiency in Transaction Monitoring Space
- Customer transactions Oversee transactions, including transfers, deposits, and withdrawals, to identify suspicious activity
- Customer Information Review Assess historical and current customer data and interactions to detect potential financial crime risks
- Suspicious Activity Reporting (SARs) Investigate and report suspicious activity, including Anti-Money Laundering (AML) concerns, for assigned business units
In-depth understanding of Transaction monitoring and risks in each Segment
-
Wealth Management Risk
Familiarity with the unique risks associated with wealth management, such as high-net-worth client transactions and complex financial instruments -
Commercial Banking Transactions
An understanding of the risks inherent in commercial banking transactions, including due diligence requirements for loan transactions, deposits, and trade finance activities -
Corporate Transaction Monitoring
Knowledge of the process for monitoring corporate client transactions, identifying potential risks in business accounts, and ensuring compliance with relevant regulations -
Correspondent Banking Risk Detection
Familiarity with the risks associated with correspondent banking relationships, including cross-border transactions, and ensuring compliance with international AML standards
Ideally, you'll also have
- Good English communication skills - written as we'll as verbal
- Possess energy, enthusiasm, and the courage to lead
- PC Proficiency, including MS Office applications Word, Excel, PowerPoint
- Ability to manage multiple competing priorities and consistently deliver results within strict deadlines
- Strong organizational and time management skills
- Ability to work under pressure independently as we'll as collaboratively with the team
- Continuous learning you'll develop the mindset and skills to navigate whatever comes next
- Success as defined by you we'll provide the tools and flexibility, so you can make a meaningful impact, your way
- Transformative leadership we'll give you the insights, coaching and confidence to be the leader the world needs
- Diverse and inclusive culture you'll be embraced for who you are and empowered to use your voice to help others find theirs.
