EY Compliance-Senior - TM 

India, Karnataka, Bengaluru 

277215432

description - Senior - TransactionMonitoring

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:

• 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

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 Bank’s 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

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

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/Master’s 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 technique’s ability in line with the Bank’s 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 analysts.Willing to travel, within the country and internationally as required
• Availability to work on Indian holidays and/or weekends as needed.

you’ll also have

• Good communication skills
• Strong interpersonal and teaming skills

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.