Job title: AML-Sr.Consultant
About
At Deloitte, we do not offer you just a job, but a career in the highly sought-after risk Management field. We are one of the business leaders in the risk market. We work with a vision to make the world more prosperous, trustworthy, and safe. Deloitte’s clients, primarily based outside of India, are large, complex organizations that constantly evolve and innovate to build better products and services. In the process, they encounter various risks and the work we do to help them address these risks is increasingly important to their success—and to the strength of the economy and public security.
By joining us, you will get to work with diverse teams of professionals who design, manage, and implement risk-centric solutions across a variety of domains. In the process, you will gain exposure to the risk-centric challenges faced in today’s world by organizations across a range of industry sectors and become subject matter experts in those areas.
Our Risk and Financial Advisory services professionals help organizations effectively navigate business risks and opportunities—from strategic, reputation, and financial risks to operational, cyber, and regulatory risks—to gain competitive advantage. We apply our experience in ongoing business operations and corporate lifecycle events to help clients become stronger and more resilient. Our market-leading teams help clients embrace complexity to accelerate performance, disrupt through innovation, and lead in their industries. We use cutting-edge technology like AI/ML techniques, analytics, and RPA to solve
Deloitte’s clients‘ most complex issues. Working in Risk and Financial Advisory at Deloitte US-India offices has the power to redefine your ambitions.
The Team
Regulatory & Legal Services
Deloitte’s Anti-Money Laundering (AML) practice helps clients (both financial and non-financial institutions) around the world whose operations are subject to a wide array of money laundering and economic sanctions-related regulatory requirements. With in-depth experience and a global network composed of former bank regulators, federal law enforcement officials, financial institution compliance officers, IT specialists, economists/statisticians, bankers, and industry specialists, we help our clients minimize their risks related to money laundering and terrorist financing. We help improve their ability to meet regulatory expectations for sound programs and controls by designing, implementing, enhancing, and testing AML/Sanctions programs. From helping our clients design comprehensive compliance programs to advising them on how to effectively navigate an investigation or regulatory inquiry, our team delivers advanced, technology-enabled solutions that help our clients meet regulatory expectations and assists them in becoming more resilient and more confident in their programs. We also provide services to respond to and remediate related compliance failures when they occur.
Anti-Money Laundering services include:
• AML / KYC Reviews (CDD / EDD)
• Transaction Review/Lookbacks/Investigations
• Sanctions Screening / Alert review
• Independent testing and program validation, Enterprise Risk Assessment Consulting
As an Anti-Money Laundering specialist, you will be assisting our clients to meet their regulatory requirements by monitoring system triggered alerts for unusual transactions, potential sanctions violations and adverse media triggers. You will leverage your knowledge and experience of anti-money laundering regulations, terrorist financing, and economic sanctions violations, to improve our client’s ability to meet regulatory requirements, expectations, and industry guidance for sound programs and controls.
Work you’ll do
In this role, you’ll have the opportunity to work with our Deloitte U.S firms. The Key Responsibilities
include:
• Help design, review, enhancement, implementation, and monitoring of numerous anti-money laundering and sanctions detection and compliance programs for clients around the world
• Lead a team of AML consultants in the delivery of projects related to KYC, Remediation, Transaction, Investigations, Screening, Alert adjudication, independent testing & Risk Assessment.
• Provide subject matter expertise to help clarify questions from the team. Facilitate trainings and provide on-the-job guidance to junior team members
• Develop production plans, training materials and process documents to operationalize large scale
Transaction’s review projects
• Review alert and trigger rules and help uplift as per the latest regulatory guidance and industry best practices
• Liaise with client stakeholders (primarily from the US) on variety of issues on an ongoing basis and coordinate with team members to meet client deliverables with quality
• Independently manage multiple simultaneous requests inclusive of customer data maintenance in a high-pressure work environment
• Lead discussions with various internal and external stakeholders (e.g. US Project teams, Clients’ stake holders etc.), highlight findings & issues and discuss potential solutions to address subject matter related queries
• Perform Quality assurance of the work completed by junior members to determine if the review and research were conducted in accordance with the Quality Assurance standards, client’s AML policies and regulatory requirements
Required skills
· MBA Finance or equivalent degree with 5+ years of experience in private or public- sector AML- focused activities
· Chartered Accountant with 4+years of internal audit experience in Banking sector with exposure to AML compliance
· Excellent verbal, written, and interpersonal communication skills
· Prior experience of leading a small team and delivering trainings
· Strong understanding and exposure to KYC, CDD, EDD, Transaction Monitoring and Sanction Screening
· Knowledge of the regulatory landscape – The BSA, The Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
· Knowledge of common third-party databases and public resources used for due diligence research
· Proficiency with MS-Office (Excel, Word, and PowerPoint)
· Flexibility regarding working in shifts for client service projects.
· Strong analytical and computer skills. Proficiency with MS-Office (Excel, Word, and PowerPoint)
· Strong communication and interpersonal skills.
Preferred skills
CAMS or CFE is preferred
Qualification
MBAs or equivalent finance degrees
How you’ll grow
At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in the same way. So, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our
commitment to our people’s growth and development. Explore DU: The Leadership Center in India.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. Deloitte is committed to achieving diversity within its workforce, and encourages all qualified applicants to apply, irrespective of gender, age, sexual orientation, disability, culture, religious and ethnic background. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with Deloitte’s clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.
Recruiting tips
Finding the right job and preparing for the recruitment process can be tricky. Check out tips from our Deloitte recruiting professionals to set yourself up for success. Check out recruiting tips from Deloitte recruiters.
Benefits
We believe that to be an undisputed leader in professional services, we should equip you with the resources that can make a positive impact on your well-being journey. Our vision is to create a leadership culture focused on the development and well-being of our people. Here are some of our benefits and programs to support you and your family’s well-being needs. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Our people and culture
Our people and our culture make Deloitte a place where leaders thrive. Get an inside look at the rich diversity of background, education, and experiences of our people. What impact will you make? Check out our professionals’ career journeys and be inspired by their stories.
Professional development
You want to make an impact. And we want you to make it. We can help you do that by providing you the culture, training, resources, and opportunities to help you grow and succeed as a professional. Learn more about our commitment to developing our people.
© 2022. See Terms of Use for more information.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Please see www.deloitte.com/about to learn more about our global network of member firms.