Senior Associate-Captive Market

Job Title: Specialist / Associate / Senior Associate – Captive Market

Location: Bangalore

Department: Financial Crime Compliance

About the Role

Join our Financial Crime Compliance team within PwC, where we help global financial institutions manage their regulatory obligations and strengthen their AML and financial crime frameworks. As an Associate or Senior Associate, you will play a key role in delivering high-quality advisory and managed service projects focused on Anti-Money Laundering (AML), Know Your Customer (KYC) remediation, and Transaction Monitoring (TM).

You will work with global banks, investment firms, and financial service providers to assess risks, enhance compliance controls, and ensure adherence to evolving regulatory expectations.

Key Responsibilities

1. Support the delivery of client engagements related to AML, KYC, sanctions, and transaction monitoring.
2. Conduct customer due diligence (CDD), enhanced due diligence (EDD), and periodic reviews as part of KYC remediation programs.
3. Review alerts, investigate transactions, and escalate potential suspicious activities in accordance with client policies.
4. Assist in the design and enhancement of AML / FCC frameworks, policies, and procedures.
5. Analyze regulatory requirements and assess their impact on clients’ compliance processes.
6. Prepare clear, well-structured documentation and reports for internal and client stakeholders.
7. Collaborate with cross-functional teams (legal, compliance, operations, and technology) across geographies.

Additional Responsibilities for Senior Associate Level:

1. Lead small teams or workstreams within large engagements, ensuring high-quality delivery and adherence to project timelines.
2. Review and quality-check work completed by Associates and provide constructive feedback.
3. Manage client communications and contribute to stakeholder updates and presentations.
4. Support the development of proposals, methodologies, and training materials for financial crime engagements.
5. Contribute to thought leadership and knowledge sharing on emerging FCC trends, technologies, and regulations.

Required Qualifications and Experience

• Bachelor’s or Master’s degree in Finance, Business, Economics, Law, or related field.

• 3+ years of experience

  in AML / KYC / Transaction Monitoring roles within global banks or consulting firms.
• Solid understanding of global AML regulations (e.g., FATF, OFAC, EU 5AMLD/6AMLD, UK FCA, MAS, HKMA).
• Hands-on experience in:
• KYC onboarding and periodic reviews (corporate and institutional clients preferred).
• Transaction monitoring, alert investigation, and escalation.
• Name screening and sanctions review processes.
• Familiarity with FCC tools and systems (Actimize, Mantas, Fircosoft, LexisNexis, etc.) is desirable.
• Strong analytical and report-writing skills with attention to detail.
• Excellent communication, presentation, and stakeholder management skills.

Preferred Certifications

• CAMS (Certified Anti-Money Laundering Specialist), CFE, or equivalent FCC qualification.