Manager- Fincrime Risk

Manager- Financial Crime Risk Assessment

Solytics Partners provide products and services to BFSI and Healthcare firms. We use AI/ML& cutting-edge technology to develop next generation solutions or provide efficient services. We have strong team of PHDs in AI/ML and experts in BFSI, and healthcare industry. Our regulatory compliant solutions and services enable leading corporations and institutions to create and sustain competitive advantage.

Job Summary:

We are seeking an experienced Financial Crime Risk Assessment Consultant with over 8 years of experience, specifically in financial crime risk assessment and Anti-Money Laundering (AML). The ideal candidate will possess strong analytical skills and be adept at working with risk data to identify and mitigate financial crime risks effectively.

Role and Responsibilities:

• Identify potential sources of financial crime risks, including money laundering, fraud, and terrorist financing.
• Consider various channels, such as customer behaviour, transactions, and geographic locations.
• Utilize data analytics tools to assess risk exposure and identify patterns or anomalies.
• Develop a risk scoring system to prioritize clients and transactions based on their risk levels.
• Regularly update scoring criteria based on emerging trends and regulatory changes.
• Maintain thorough documentation of all risk assessments, methodologies, and findings to facilitate audits and regulatory reviews.
• Understand local and international regulations related to financial crime and ensure assessments align with compliance requirements.
• Assess the effectiveness of existing compliance programs and identify gaps.

Key Requirements:

• Bachelor’s degree in Finance, Business, or a related field; advanced degree or professional certifications.
• Minimum of 5 years of experience in financial crime risk assessment, with a strong focus on AML.
• Proven ability to analyse complex risk data and draw actionable insights.
• Experience in developing and implementing risk assessment methodologies and compliance frameworks.
• Familiarity with relevant regulatory requirements and industry standards related to AML and financial crime.
• Excellent communication skills, both written and verbal, with the ability to convey complex information to diverse audiences.
• Strong problem-solving skills and a keen attention to detail.