Financial Crime Operations - Manager

Must have

• Possess 8-12 years of experience in Financial Crime Risk Management, specifically supporting the banking and financial services industry.
• Hold an MBA or Master's degree (or equivalent) in Finance, Business, or a related field.
• Be open to working in shifts, including night shifts, if necessary.
• Be prepared to work from the office location as specified by the company.
• Be willing to work on Indian holidays if the job demands it.
• Demonstrate proficiency in Microsoft Office applications, with a strong emphasis on Excel and PowerPoint.
• Be willing to travel for work, both within the country and internationally, as required by the company.
• Proven experience in financial crime compliance, with expertise in AML, sanctions, fraud detection, and regulatory compliance.
• In-depth knowledge of the risks associated with wealth management, commercial banking, corporate, and correspondent banking sectors.
• Ability to advise senior leadership on complex financial crime issues and recommend effective compliance strategies.
• Transaction Monitoring: Oversee customer transactions, including transfers, deposits, and withdrawals, to identify suspicious activity.
• Customer Information Review: Assess historical and current customer data and interactions to detect potential financial crime risks.
• Suspicious Activity Reporting (SARs): Investigate and report suspicious activity, including Anti-Money Laundering (AML) concerns, for assigned business units.
• STR Creation: Prepare and submit Suspicious Transaction Reports (STRs) to the relevant authorities.
• AML Advisory: Provide expert advice to businesses on AML compliance, including suspicious activities and risk mitigation strategies.
• Risk Identification: Analyse economic and financial trends to identify potential risks to the bank and its operations.
• Regulatory Compliance: Ensure adherence to the bank’s compliance guidelines, internal policies, and relevant regulatory requirements.
• Risk Strategy Support: Assist in the development and implementation of risk strategies and processes to manage financial crime and compliance risks.
• Wealth Management Risk Monitoring: Ensure proper reporting and detection mechanisms for suspicious transactions related to regulatory compliance and information security.
• Commercial Banking Transaction Compliance: Oversee and monitor commercial banking transactions to ensure compliance with Anti-Money Laundering (AML), Customer Due Diligence (CDD), data privacy, and sanctions regulations. Investigate unusual or suspicious transaction patterns across accounts and services.
• Corporate Transaction Monitoring: Continuously monitor corporate banking transactions for risks related to financial crime, market conduct, business ethics, privacy violations, and consumer protection. Identify and escalate suspicious activities in line with regulatory reporting requirements.
• Correspondent Banking Risk Detection: Identify and monitor risks in correspondent banking transactions, including cross-border payments, nostro and vostro accounts.

Nice to have

• Professional certification such as CAMS, CFE, ICA, which is considered advantageous
• Networking and exceptional stakeholder management skills
• Great communication skills
• Experience in working with global teams and international clients

Technologies

• Excel
• Generative AI
• Microsoft 365
• Powerpoint
• Prompt Engineering

Highlights

Candidates must be open to working shifts, including night shifts, and be prepared to work from the office location specified by EY. Willingness to work on Indian holidays and travel domestically or internationally as required is necessary. Professional certifications such as ACAMS, ICA Diploma in Anti Money Laundering, or CFE are preferred. EY offers personalized career development, flexibility, and a diverse, inclusive culture.