Compliance-Senior - TM - BLR
Compliance-Senior - TM - BLR
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Job Description
At EY youll 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 were 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.
Job description - Senior - Transaction Monitoring
Financial Crime Operations Senior
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 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 aiding 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:
- Customer screening
- Payment screening filtering for Sanctions PEPs and adverse media
- KYC Remediation
- Anti-money laundering transaction monitoring
- Look-back reviews and loan file reviews
- Compliance testing and FATCA
- Financial crime risk assessment reviews
Key Responsibilities
As a Senior in the Financial Crime Compliance team 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.
- Support the implementation of a robust Compliance Monitoring Program to ensure adherence to bank policies and regulatory guidelines related to Sanctions Screening and other monitoring requirements.
- Conduct First Line of Defence Surveillance activities for Sanctions (Payments) Screening.
- Ability to check transactions against various sanctions lists (e.g. OFAC UN EU).
- Proficiency in SWIFT and ACH codes along with other payment systems such as wire transfers SEPA RTGS card payments and payment service providers.
- Support the implementation of the Banks Group-wide Compliance strategy within the First Line of Defence to ensure the efficient management of the Sanctions Payment Screening team ensuring vertical alignment and horizontal integration with other interfacing departmental strategies.
- Measure the appropriateness and screening capabilities of the product platforms with the Surveillance systems of the Bank.
- Multi-task learn on the job and work under pressure to meet strict deadlines in a fast-paced environment
- Day to day coordination of project and related activities driven by the compliance function
- Guide and oversee junior compliance specialists utilized in compliance activities
- Preparing MIS for senior management and providing advisory support to business units
- Build professional relationship within the firm as well as with the clients and must participate in business development activities
- Support the implementation of Internal Audit Regulatory Compliance and Group Compliance SLOD recommendations for findings pertaining to Sanctions Payment Screening.
- Seek to understand the overall process and objective of the project
- Demonstrate integrity respect and be able to work independently or collaboratively with teams as may be required
- Devising process documentation and translating complex processes into easy-to-follow instructions
- Coordinating efforts with internal stakeholders as appropriate
- Demonstrate an application & solution-based approach to problem solving
- Take ownership and initiatives to help improve the status quo
Skills and Attributes for Success
- Experience in the design development and implementation of internal controls for financial services business processes
- Anticipate and identify engagement related risks and escalate issues as appropriate
- Exhibit analytical skills and attention to detail while maintaining a holistic view and logical thinking
- Actively establish client (process owner/functional heads) and internal relationships
- Prior consulting experience is preferred
To qualify for the role
- 4-8 years of experience in Financial Crime Risk Management in AML KYC Sanction Screening transaction monitoring and regulatory reporting.
- Strong understanding of the banking industry its products and services.
- Strong academic background with an MBA/Masters degree
- Strong presentation skills and proficiency in the use of PowerPoint Word and Excel
- Have effective project management and teamwork skills and the ability to work under pressure
- A good understanding of monitoring and control testing tools and techniques ability in line with the Banks defined control testing and monitoring objectives.
- Support the business lines in extending their products by way of reviewing and screening their clients transactions with regard to the Sanctions and overall AML/ CTF risks associated.
- Willing to work in shifts if required
- Need to work from office
- Willing to work on Indian Holidays as per requirement
- Manage multiple competing priorities and consistently deliver results within strict deadlines
- Subject matter knowledge to address the process concerns floor queries and coach & mentor AML to travel within the country and internationally as required
- Availability to work on Indian holidays and/or weekends as needed.
Ideally youll also have
- Good communication skills
- Strong interpersonal and teaming skills
What working at EY offers
- Continuous learning: Youll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: Well provide the tools and flexibility so you can make a meaningful impact your way.
- Transformative leadership: Well give you the insights coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: Youll be embraced for who you are and empowered to use your voice to help others find theirs.
EY 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.
Required Experience:
Senior IC
Employment Type
Full Time
