AML - Financial Crime

Financial Crime- Jr Associate

Overview

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.

About Deloitte's AML Team

Anti-Money Laundering

Deloitte's Anti-Money Laundering (AML) practice assists clients worldwide, including both financial and non-financial institutions, in meeting a diverse range of regulatory requirements related to money laundering and economic sanctions. Our team comprises professionals with extensive expertise and a global network composed former bank regulators, federal law enforcement officers, financial institution compliance experts, IT specialists, economists, statisticians, bankers, and industry specialists. We collaborate with our clients to minimize their risks associated with money laundering and terrorist financing, enabling them to align with regulatory standards for robust programs and controls. Our services encompass the design, implementation, enhancement, and testing of AML/Sanctions programs, offering comprehensive compliance solutions. Whether our clients need assistance in crafting comprehensive compliance frameworks or guidance during investigations/regulatory inquiries, our technologically advanced solutions empower them to fulfill regulatory expectations and enhance their program resilience and confidence. Additionally, we provide services for responding to and rectifying compliance lapses when they occur.

Anti-Money Laundering services include:

• Transaction Monitoring/Lookbacks/Investigations
• AML/Know Your Customer (KYC) Reviews (CDD / EDD)
• Currency Transaction Report (CTR) reviews
• Sanctions Screening/Alert reviews
• AML Independent Testing & Risk Assessments
• Fraud Reviews

Key Responsibilities

In this role, you’ll have the opportunity to work with our Deloitte U.S firms. The Key Responsibilities include:

• Basic understanding of Financial Services Industry
• Ability to interpret desktop procedures, standard operating procedures and follow the process steps
• Ability to meet individual targets and quality standards
• Timely escalation of issues to leads
• Highlight any process steps which are taking more than designated time
• Document any process exceptions and escalate to leads
• Working knowledge in Microsoft Office Suite

Required Qualifications

BBA/BBM/B. Com or equivalent degree with minimum 0-1 years of experience in AML-focused activities.