AML / CFT Advisory Specialist

Specialist / Associate / Senior Associate – Domestic Market

Location : Mumbai

Department : Financial Crime Compliance

PwC India’s Financial Crime Compliance (FCC), Forensic team assists our clients in the Financial Services Industry in overcoming challenges posed by the financial crime, increasing regulatory demands, and operational and technological obstacles through collaboration and innovation. The team provides consultancy and operational support in the AML / CFT related areas such as KYC, Transaction Monitoring, Risk Assessment, Sanctions, FRM, Mule account review and Compliance governance to help clients prevent, detect and respond to financial crime and also demonstrate robust regulatory compliance. The team helps clients transform their AML framework by executing strategies to reduce operational complexity through streamlined processes, technology optimization, and resource efficiency to deliver cost-effective, high-quality services to our Clients. As a Consultant / Senior Consultant in the FCC team, your roles will be the following.

Key Responsibilities :

• Key contributions to the delivery of client or internal engagement, programs or processes e.G., determine what needs to be done by exploring innovative solutions, engage with your team, seniors, and the client stakeholders to develop your understanding of client problem statement, take ownership for the quality and efficiency of the deliverables and contribute to the client account planning.
• Proactively identify areas of improvement or efficiencies in Client engagements.
• Keeping up with the trends and developments in the Financial Services industry and particularly in the AML / CTF / Sanctions regulatory area including domestic (RBI, PMLA and FIU-IND etc.) and global guidance and best practices (FATF, UK JMLSG, Wolfsberg Group etc.) and supporting seniors in translating them into valuable and practical advice to Clients.
• Understanding of the financial crime technologies (including regulatory technologies) and platforms supporting financial crime prevention and detection.
• Understanding of financial fraud investigations (for e.G., asset tracing, money laundering, suspected violation of ethics, regulatory investigations & open-source intelligence), FCPA (Foreign corrupt practices Act) / UKBA (United Kingdom Bribery Act) compliance reviews, fraud risk assessment, employee misconduct reviews, EWRA (enterprise wide risk assessment reviews), Third-party risk assessment, other risk management activities and risk assessments within FCC domain.
• Collaborating with technology and other vendors for joint sales and marketing initiatives in relation to financial crime compliance consulting and products.
• Working together in the team, mentoring and coaching others to support a positive, caring, and collaborative work environment.
• Active participation in collaboration with other practices in PwC and the global PwC network to support client projects / internal initiatives.

Additional Responsibilities for Senior Associate Level :

Required Qualifications and Experience

Preferred Certifications