Job Title: Analyst – Forensic & Financial Crime

About

At Deloitte, we do not offer you just a job but a career in the highly sought after Risk Management and Financial Advisory field. We are the business leader in the Risk Management market and work to make the world more prosperous, trustworthy, and safe. Our clients, based outside of India are large, complex organizations that constantly evolve and innovate to build better products and services, further leading to value accretion for the stakeholders. In the process, they encounter various business challenges/ problems ranging from risk management, business valuations, restructuring advisory and regulatory compliance. The work we do to help them address it 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.

Work you will do

The regulatory landscape continues to increase in complexity across the globe. Our Regulatory & Legal Support (R&LS) team leverages deep knowledge of industry-specific regulations with demonstrated methodologies to design, assess, and transform the processes, controls, and infrastructure needed to mitigate risk and achieve compliance.

As an analyst within in our Forensic & Financial Crime practice, you would have an opportunity to serve our clients on various regulatory and compliance matters including but not limited to – Bank Secrecy (BSA) and US Patriot Act (USPA), Corporate Investigations, Anti-Fraud and Anti-Corruption (FCPA) etc.

You will have access to various Deloitte proprietary tools, technologies, and accelerators to allow the clients a more proactive approach to managing risk and achieving regulatory compliance. You will be a part of the team that design comprehensive compliance programs and advise clients on how to effectively navigate a regulatory investigation or inquiry.

As a Financial Crimes analyst, you will have the opportunity to work on multiple projects that help organizations manage and mitigate their Regulatory Compliance risks related to BSA & USA PATRIOT ACT, OFAC Sanctions, FATF, & FATCA

In this role, you would have an opportunity to work on

·       Helping design, review, enhance, implement, and monitor of numerous regulatory requirements, sanctions detection and compliance programs for our clients around the world.

·       Mitigating the risks associated with our client’s customer onboarding, remediation and refresh including conducting customer due diligence and enhanced due diligence, as applicable.

·       Conduct thorough investigations and analysis of financial transactions to identify potentially fraudulent activities

·       Conduct research about customer and its related parties to identify and evaluate risk-relevant information from sources, including but not limited to online media articles, public records, internet references, proprietary databases, global sanction, and regulatory lists

·       Assist in conducting customers and counterparties screening against sanctions lists, PEP lists, and other watchlists.

·       Assess the risks at the enterprise and business unit level, drafting and enhancing policies and procedures, creating and delivering training modules, compliance assessments, internal controls assessments, internal investigations, and independent testing.

·       Testing engagements including conducting independent testing, Compliance Testing and Regulatory Validations

·       Conducting comprehensive risk assessments to identify and evaluate potential financial crime risks to clients.

·       Assist with reviewing/analyzing financial statements, emails, and other documentation for anomalies. Prepare draft reports to submit investigation findings.

·       Preparing and maintaining comprehensive documentation of all compliance activities, including investigation reports, risk assessments, and testing results

·       Reviewing and analyzing fraud alerts to identify and investigate potentially fraudulent activities and present findings to senior management.

The Team

The team is comprised of professionals holding Bachelors/ master’s in business administration (MBA), Lawyers (LLB) Chartered Accountants (‘CA’) certification, Certified Public Accountancy (‘CPA’) certification, Certified Fraud Examiner (CFE) certification, Certified Anti-Money Laundering Specialist (CAMS) certification etc. focused on helping the client with their Regulatory Compliance functions. Our team members work collaboratively and apply their specialized knowledge and experience to help clients navigate through complex issues.

Qualifications Required

·       Bachelor’s degree in finance, Accounting, Business Administration, or a related field

Minimum of 1-3 years of experience in financial services, risk management, compliance, or a related area

·       Excellent communication skills, both written and verbal

·       Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)

·       Ability to work independently and as part of a team

·       High level of integrity and attention to detail

·       Knowledge of FCPA, AML, CTF, and other financial crime regulations is a plus

Preferred

·       Professional certification such as CPA, CA, CFE, CAMS etc.

·       Ability to understand financial regulations and compliance requirements

·       Ability and willingness to dive deeper into industry issues and bring greater insights for our clients

·       Experience with compliance testing and internal audits

·       Familiarity with financial crime investigation tools and software

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 supports your progression through a well-defined career path by providing challenging assignments, mentoring, and targeted trainings. Recent postgraduates begin as a consultant. The career path from there is to senior consultant, then manager, senior manager and onto a path to director or partner or principal.

Deloitte’s culture

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About Deloitte

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. Please see www.deloitte.com/about for a detailed description of DTTL and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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