Financial Crime VP

The firm is seeking an individual to join the global Financial Crime Compliance team, based in Mumbai. The role requires an ability to help the firm mitigate a broad range of financial crime risks, including money laundering and terrorist financing, sanctions, bribery and corruption, and fraud. Subject-matter expertise in financial crime compliance risk processes, such as risk identification and assessment, control design and implementation, risk monitoring and reporting, and issue management and resolution. The ability to interact with cross border teams would be an advantage along with strong technical and analytical skills are necessary for success in this position. The successful candidate will be based in Mumbai but will maintain close, ongoing coordination with the global Financial Crime Compliance team. The role will offer an excellent opportunity to the successful candidate to drive global processes that measure, control and report on all aspects of financial crime and financial crime risks (money laundering, sanctions, bribery and corruption and fraud) at a Global Asset Manager and gain exposure to diverse regions, regulatory standards and cross border issues with the aim to develop a future career in Financial Crime Compliance.

‍Key Responsibilities

• Provide strategic oversight and guidance to the global Financial Crime Compliance team
• Lead the development and continuous enhancement of the firm’s financial crime compliance program
• Identify and implement improvements to processes to drive efficiency and effectiveness
• Serve as a subject matter expert, providing insights and guidance across the organization
• Foster collaborative work environments and actively seek out diverse perspectives
• Exercise independent judgment and decision-making in complex situations
• Drive the implementation and maintenance of the Global Risk Assessment Program
• Assist in integrating risk assessments into current and emerging business lines, geographies, and products
• Oversee the design and implementation of control measures to mitigate identified risks
• Manage the Control Library and ensure effective controls are in place
• Oversee the Global Monitoring and Testing (M&T) Program and drive the execution of the annual M&T plan
• Monitor and report on risk management activities and findings
• Assist with and document the investigation and remediation of material financial crime risk control events and failures
• Provide operational support to the global Financial Crime Compliance team
• Support financial crime control assessments and quality assurance reviews
  
  

Knowledge & Experience

• 9-13 years in financial crime compliance
• Experience in risk assessment and controls testing would be an advantage especially with securities related parties including transfer agents, administrators and custodians.
• Excellent communication, judgment, and business partnership skills
• Ability to communicate complex and/or technical concepts clearly and concisely to a non-technical or lay audience is an advantage.
• Experience with data visualization software (e.g. Power BI, Tableau, Spotfire, Qlik) is an advantage
• Experience with financial crime compliance processes (e.g. customer screening, databases, workflow management)
• Team-focused with ability to work independently
• Proactive, self-motivated, well organized, and strong attention to detail
• Fluency in English, both written and spoken. Other languages an advantage
• Experience with Generative Artificial Intelligence tools, SQL, Python, R, and advanced Excel a plus