Manager - FinCrime Compliance

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Financial Crime Operations – Analyst 

The 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 Opportunity

As a Financial Crime Manager in our Global Managed Services Delivery team, you will be working with global EY teams to deliver high quality work to our clients, which will primarily be from the financial sector. You will be leading teams working on Anti-Money Laundering - Transaction Monitoring and Know Your Customer/Client and will actively participate in the day-to-day management of Engagement teams, owning client updates and interactions, delegating to the Senior Consultants / Consultants / Analysts in your team, whilst acting as the interface between project leadership, file review, as well as QC/QA functions. You will interact with clients to gain in-depth understanding of their unique needs and goals and focus on delivery of regulatory remediation and process improvement. You will use deep subject matter knowledge to address specific business concerns.

Key Responsibilities 

As a Manager in the Financial Crime Compliance team, you are required to lead Transaction Monitoring and KYC supporting our clients to achieve their regulatory obligations by using your technical knowledge of Financial Crime Compliance. You will be working directly with our onshore engagement teams and end clients to provide them with advice and service delivery.

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 
• Exceptional analytical, organizational, and planning skills 

To qualify for the role, you must have 

•    Possess 8-12 years of experience in Financial Crime Risk Management, specifically supporting the banking and financial services industry.
•    Hold an MBA or Master's degree (or equivalent) in Finance, Business, or a related field.
•    Be open to working in shifts, including night shifts, if necessary.
•    Be prepared to work from the office location as specified by the company.
•    Be willing to work on Indian holidays if the job demands it.
•    Hold relevant professional qualifications, such as ACAMS, ICA Diploma in Anti Money Laundering, CFE, or an equivalent certification, which would be preferred.
•    Demonstrate proficiency in Microsoft Office applications, with a strong emphasis on Excel and PowerPoint.
•    Be willing to travel for work, both within the country and internationally, as required by the company.

   Proficiency in Transaction Monitoring Space: 
•    Transaction Monitoring: Oversee customer 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.
•    STR Creation: Prepare and submit Suspicious Transaction Reports (STRs) to the relevant authorities.
•    AML Advisory: Provide expert advice to businesses on AML compliance, including suspicious activities and risk mitigation strategies.
•    Risk Identification: Analyze economic and financial trends to identify potential risks to the bank and its operations.
•    Regulatory Compliance: Ensure adherence to the bank’s compliance guidelines, internal policies, and relevant regulatory requirements.
•    Risk Strategy Support: Assist in the development and implementation of risk strategies and processes to manage financial crime and compliance risks.

Proficiency in AML KYC Space:

•    Conduct KYC processes for Retail and Institutional clients, ensuring adherence to regulatory standards and internal policies.
•    Perform risk assessments for Corporate and Commercial Banking clients, identifying potential areas of risk 
•    Contribute to the preparation and updating of KYC guidance documents to reflect current best practices and regulatory changes 
•    Handle Enhanced Due Diligence (EDD) cases, including in-depth investigations into high-risk clients and complex ownership structures
•    Analyze and verify the source of wealth and source of funds to detect any potential money laundering or financial crime risks
•    Assess the significance of a client's operations in various countries, understanding the implications for KYC and AML compliance
•    Regulatory Compliance: Ensure adherence to the bank’s compliance guidelines, internal policies, and relevant regulatory requirements.
•    Maintain up-to-date knowledge of the regulatory environment in key jurisdictions, particularly with respect to AML/CFT standards

Functional / Technical Competencies:

•    Candidates with good understanding of AML/TM and system data automation are preferred
•    Candidate should be proficient in Microsoft Office Suite software
•    Ability to advise senior leadership on complex financial crime issues and recommend effective compliance strategies.
•    Excellent communication and leadership skills, with the ability to communicate with people of all levels and cross-borders
•    Strong understanding of regulatory frameworks, including those for consumer protection, privacy, and cybersecurity.
•    In-depth knowledge of the risks associated with wealth management, commercial banking, corporate, and correspondent banking sectors.

Ideally, you’ll also have 

•    Building relationships, networking, and exceptional stakeholder management skills
•    Great communication skills 
•    Experience in working with global teams and international clients
  

What working at EY offers 

•    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. 

If you can demonstrate that you meet the criteria above, please contact us as soon as possible

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