Compliance-Staff - PS - BLR

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Financial Crime Operations - Advanced 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 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 topics, 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 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.

• 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.
• Ensure the monitoring program addresses the complexities of regulations and procedures applicable to all jurisdictions.
• Multi-task effectively, learn on the job, and work under pressure to meet strict deadlines in a fast-paced environment.
• Develop process documentation and translate complex processes into easy-to-follow instructions.
• Coordinate efforts with internal stakeholders as necessary to ensure compliance.
• Collaborate as a team member to ensure operational readiness of applications and processes required for Sanctions (Payment Screening) program requirements.
• Seek to understand the overall process and objectives before initiating tasks.
• Escalate issues and problems clearly to leadership, onshore, and client teams.
• Demonstrate integrity and respect while working collaboratively with team members.
• Take ownership and initiative to improve existing processes and practices.
• Very Important: Deliver exceptional client service.

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

To qualify for the role

• 1-3 years of work experience in AML – KYC, Sanction Screening, transaction monitoring, and regulatory reporting.
• Sanctions Screening experience is a must.
• Preferable education: MBA with a focus on Risk, Accounting, Finance, Economics, or a related financial field.
• Preferable field proficiency:
  • Ability to check transactions against various sanctions lists (e.g., OFAC, UN, EU).
  • Proficiency in Actimize, Fircosoft SAS, and Oracle Financial Services Analytical Applications.
  • Proficiency in the following tools: World-Check, Dow Jones Risk & Compliance,FICO, Amlify, Verafin,  NICE Actimize, Dun & Bradstreet, Experian and ComplyAdvantage and/ or LexisNexis.
  • Proficiency in SWIFT and ACH codes, along with other payment systems such as wire transfers, SEPA, RTGS, card payments, and payment service providers.
• A good understanding of monitoring and control testing tools and techniques 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.
• Measure the appropriateness and screening capabilities of the product platforms with the Surveillance systems of the Bank.
• Willingness to work in shifts, if required.
• Requirement to work from the office.
• Availability to work on Indian holidays and/or weekends as needed.

Ideally, you’ll also have

• Good English communication skills – written as well as verbal
• Possess energy, enthusiasm, and the courage to lead

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.

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