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 Advanced Analyst in our Global Managed Services Delivery team, you will begin your career collaborating with global EY teams to support the delivery of high-quality services to our clients in the financial sector. Your role will introduce you to the fundamentals of Anti-Money Laundering, Transaction Monitoring, Know Your Customer/Client, Screening, and Regulatory Compliance engagements. You will contribute to the daily operations of Engagement teams, assist with client updates and interactions, and support Senior Consultants and Managers in your team. Your role will also involve learning about project details, case review, and QC/QA functions. You will have the opportunity to interact with clients to better understand their unique needs and objectives, focusing on supporting the delivery of regulatory remediation and process improvements. As you grow in your role, you will develop a deeper understanding of the subject matter to help address specific business challenges.

Key Responsibilities

As a Financial Crime Compliance Senior, 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. Handle the day-to-day KYC analyst activity of reviewing KYC files and performing all required checks and controls to ensure completeness and readiness of the file for final review and approval.

• Act as a Subject Matter Expert (SME) in KYC/AML processes for retail, corporate, investment, and private banking sectors, offering guidance and support to junior team members.
• Lead the Quality Control (QC) initiatives, ensuring all KYC reviews are conducted with precision and adhere to the latest regulatory standards.
• Mentoring staff, managing performance, and fostering a collaborative work environment.
• Review and manage cases involving dormant, dissolved, liquidated, or 'under administration' entities, ensuring accurate classification and compliance with regulatory requirements.
• Develop and update KYC/AML training materials, and conduct training sessions to enhance team knowledge and skills.
• Review and provide expert feedback on KYC cases, ensuring all client information is accurate and complete.
• Collaborate with compliance and regulatory bodies to stay side-by-side of changes in KYC/AML regulations and implement necessary updates.
• Manage stakeholder communication, effectively conveying KYC/AML policies and procedures, and addressing any concerns.
• Take responsibility for the timely resolution of escalated issues and complex investigations related to money laundering or financial crime risks.
• Collect and summarize MI Reports to help track the team's progress and identify ways to improve our work.
• Handle all incoming KYC-related queries, providing clear and timely responses to ensure smooth case progression and resolution.
• Conduct sample quality checks on the production of the team.

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

• 4-8 years of experience in Financial Crime Risk Management supporting banking and financial services industry in managing their BSA/CTF regulatory compliance operations
• 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 • 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

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
• Good writing skill and fluent in English
• Demonstrated experience in establishing strong credibility to build relationships with stakeholders to identify gaps and improvements
• Excellent communication and leadership skills, with the ability to communicate with people of all levels and cross-borders

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.