Financial Crime Manager

Same job available in 3 locations:

Bengaluru, Karnataka, India

Hyderabad, Telangana, India

Kolkata, West Bengal, India

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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

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 Review/Lookbacks/Investigations
•     Know Your Customer (KYC) Reviews (KYC Lifecycle)
•     Currency Transaction Report (CTR) reviews
•     Sanctions Screening/Alert reviews
•     AML Independent Testing
•     Risk Assessments

Work you’ll do

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

• Client Advisory and Engagement:
  
  • Lead AML consulting engagements with clients across various industries
  • Advise clients on the development, implementation, and enhancement of AML compliance programs
  • Analyze client needs and provide tailored recommendations to prevent, detect, and report suspicious activities
  • Interface with the project teams in the US (or other global teams, where applicable) and clients/Business teams
  • Participate on calls/meetings with the client and present updates/insights relating to the work performed

• Compliance Program Development:
  
  • Assist clients in establishing robust AML policies and procedures that comply with applicable laws and regulations
  • Develop strategies for effective compliance monitoring and improvement of existing systems

• Team Leadership and Development:
  
  • Manage and mentor a team of AML consultants and analysts
  • Oversee project teams, ensuring quality delivery and adherence to timelines
  • Conduct training sessions to enhance team expertise and knowledge in AML regulations and practices
  • Build and maintain strong relationships with AML professionals in the US, up to and including partners, principals and directors
  • Develop sound understanding of and manage the application of AML methodologies and techniques, in the delivery of products and services.

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• Risk Assessment and Management:
  
  • Conduct risk assessments for clients to identify potential areas of vulnerability
  • Recommend risk mitigation strategies and control improvements

• Regulatory Updates and Training:
  
  • Keep abreast of new regulatory developments and best practices in AML compliance
  • Provide clients and internal teams with updates and training on emerging AML trends and regulatory changes

• People Development:
  
  • Develop, coach and mentor junior and mid-level staff, inculcating the professional services culture
  • Monitor the teams progress, technically and otherwise, and help to keep the team updated with current best practices in the US and global aspects
  • Participate in the performance evaluations for the team

Required skills

•     Extensive experience with industry standards and frameworks - Global experience preferred
•     Strong communication and presentation skills, with the ability to articulate complex information to varied audiences
•     Proven leadership skills and the ability to manage teams across multiple projects
•     Exceptional analytical and critical thinking skills
•     Knowledge of the regulatory landscape – The BSA, The Patriot Act, U.S. Treasury AML guidelines and OFAC requirements
•     Knowledge of common third-party databases and public resources used for due diligence research
•     Proficiency with MS-Office applications & preparing client related reports (Excel, Word, and PowerPoint)

Qualifications

• BBA/BBM/B. Com/MBAs or equivalent finance degrees
• Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE) or similar certification
• Experience: 9-14 years of AML Consulting, KYC, Transaction Monitoring, AML Independent Testing, AML/Sanctions Risk Assessment etc.
• Experience in a professional services or large corporate environment is preferred; however, suitable candidates with a strong AML background may also be considered