Fin Crime Compliance (Tm) - Senior

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.Transaction monitoring Analyst - SeniorFinancial Crime Operations - SeniorThe Compliance team at EY GDS partners with other 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 assist in establishing, maintaining, and reviewing the outputs of business functions and compliance programs.Financial crime risks relating to anti-money laundering (AML), terrorist financing, anti-bribery controls, sanctions compliance and fraud are a high focus for regulated businesses and external scrutiny as regulation and practice continues to evolve. Responsible for developing and overseeing the financial crime and fraud prevention framework, designed to ensure client(s) are compliant, protected from risk and loss from financial crime.The OpportunityAs 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 firm's banking, capital markets, insurance, and asset management clients in Financial Crime. Our Financial Crime Consulting team specializes in several areas, including : AML transaction monitoringSAR draftingFraud InvestigationCrypto investigationCustomer screeningPayment screening filtering for Sanctions, PEPs and adverse mediaKYC RemediationCompliance testing and FATCAFinancial crime risk assessment reviews Key ResponsibilitiesAs 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.Devising process documentation and translating complex processes into easy-to-follow instructionsLead or assist in training programs to raise awareness and improve AML compliance within the organizationAssist in the enhancement of AML processes and systems to improve efficiency and effectiveness.Day-to-day coordination of project and related activities driven by the compliance functionSubject matter knowledge to address the process concerns, floor queries and coach & mentor AML analystsPreparing MIS for senior management and providing advisory support to business units Build professional relationships within the firm as well as with the clients and must participate in business development activitiesSeek to understand the overall process and objective of the projectDemonstrate integrity, respect and be able to work independently or collaboratively with teams as may be requiredCoordinating efforts with internal stakeholders as appropriateDemonstrate an application & solution-based approach to problem solvingTake ownership and initiatives to help improve the status quoMulti-task, learn on the job and work under pressure to meet strict deadlines in a fast-paced environmentSkills and Attributes for SuccessExperience in the design, development, and implementation of internal controls for financial services business processesAnticipate and identify engagement related risks and escalate issues as appropriateExhibit analytical skills and attention to detail while maintaining a holistic view and logical thinkingActively establish client (process owner / functional heads) and internal relationshipsProfessional certification such as CAMS, CFE, ICA, which is considered advantageousTo qualify for the role, you must have : Bachelor's / Master’s degree in finance, accounting, economics, law, or a related field4-8 years of experience in Financial Crime Risk Management supporting banking and financial services industry in managing their BSA / CTF regulatory compliance operationDemonstrated experience in a consulting role or within a large corporate environment, with a strong understanding of global Financial Crime Compliance practices in the financial services industryGood understanding of SAR drafting and AML regulatory reportingStrong analytical skills and the ability to interpret complex financial dataGood understanding of the banking industry, its products, and servicesExperience analysing financial / bank statementsExperience in interpreting policy documentsWillingness to work from office all 5 days a weekWillingness to work on Indian Holidays as per client requirementWillingness to work in shifts, if requiredWillingness to travel, within the country and internationally as requiredProficiency in transaction monitoring systems and other relevant technologiesProficiency in Transaction Monitoring Space : Customer transactions : Oversee transactions, including transfers, deposits, and withdrawals, to identify suspicious activityCustomer Information Review : Assess historical and current customer data and interactions to detect potential financial crime risksSuspicious Activity Reporting (SARs) : Investigate and report suspicious activity, including Anti-Money Laundering (AML) concerns, for assigned business unitsIn-depth understanding of Transaction monitoring and risks in each Segment : Wealth Management Risk : Monitor client transactions specific to wealth management services to identify unusual or suspicious patterns that may indicate financial crime.Commercial Banking Transactions : Monitor and analyze a high volume of commercial banking transactions to detect unusual patterns that could suggest illicit activities.Stay up to date with Anti-Money Laundering (AML) regulatory standards and compliance obligations, while also being well-versed in the diverse array of products and services offered in commercial banking.Corporate Transaction Monitoring : Maintain a thorough understanding of AML regulations, as well as knowledge of the corporate banking products and services offered by the institution.Review and analysis of corporate client transactions using automated systems to detect patterns of unusual or suspicious activityCorrespondent Banking Risk Detection : Collaborate with correspondent banks to obtain information and clarify transaction details as part of the investigation processMonitor and analyses transactions processed through correspondent banking channels to identify unusual patterns or activities indicative of money laundering or other financial crimesIdeally, you'll also have : Good English communication skills - written as well as verbalPossess energy, enthusiasm, and the courage to leadStrong presentation skills and proficiency in the use of PowerPoint, Word and ExcelAbility to manage multiple competing priorities and consistently deliver results within strict deadlinesStrong organizational and time management skillsEffective project management and teamwork skills, and the ability to work under pressureWhat working at EY offers : Continuous learning : You'll develop the mindset and skills to navigate whatever comes nextSuccess as defined by you : We'll provide the tools and flexibility, so you can make a meaningful impact, your wayTransformative leadership : We'll give you the insights, coaching and confidence to be the leader the world needsDiverse and inclusive culture : You'll be embraced for who you are and empowered to use your voice to help others find theirsEY | Building a better working world EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.