Associate Consultant-Forensics-National-ASU-Forensics-Investigations & Compliance-Ahmedabad

1-3 years
7 days ago 5 Applied
Job Description

Requisition Id : 1445004

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and It's yours to build which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Associate Consultant-National-Forensics-ASU - Forensics - Investigations & Compliance - Ahmedabad

ASU - Forensics - Investigations & Compliance :

Successful organizations depend on their reputation for keeping promises, respecting laws and behaving ethically to maintain stakeholder trust. EY Forensic & Integrity Services professionals help organizations protect and restore enterprise and financial reputation. We assist companies and their legal counsel to investigate facts, resolve disputes and manage regulatory challenges. We put integrity at the heart of compliance programs to help better manage ethical and reputational risks.

Our integrated approach ranges from enhancements in areas of perceived weakness or issues - including governance, controls, culture and data insights - to full organizational design and structural implementation. We want to help companies safeguard and restore financial and brand reputations. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over.

Your key responsibilities

Technical Excellence

Job Title:Associate Consultant, AML CoE

Job Role:

This role mandate is to deliver EY's value to the client by being a part of the AML CoE team and supporting Team Leaders / Manager & Management to effectively execute AML CoE engagement deliverables, as agreed with the client.

Job purpose:

The incumbent will be involved in client engagements related to AML / KYC reviews (For e.g.: Customer Due Diligence, Know your customer, Sanctions filtering, Customer Screening, Transaction Monitoring, Money laundering & Regulatory investigations and Open-source intelligence), PMLA reviews (Prevention of Money laundering Act India) Compliance reviews, etc.


Perform first / second level review on Customer Due Diligence (CDD) / KYC reviews, remediation activities
Conduct Customer screening, Transaction monitoring, Sanctions filtering, Lookback review to prevent Money laundering & Terrorist financing
Investigate complex alerts & cases for potential money laundering, terrorist financing, corruption, tax evasion & other predicate offenses
Review / validate / verify enhanced due diligence on individuals and organizations conducted by the execution team
Act as a Maker / Checker and conduct Quality Control for first level reviews conducted by Analyst in delivering Quality service throughout the client engagement cycle
Ensure identified Risks & Issues are reported and escalated to Management on a timely basis.
Support Team Leader in promoting the culture of AML compliance across client engagements
Ensure timely, efficient reporting of suspicious activity to the Financial Intelligence Unit.
Maintain good understanding of current money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends
When required by the business act as a backup for Team Leader
Assist the Team Leaders in training requirements for Analysts and get cross trained based on business need
Cooperate and support the management in implementation of key initiatives that may arise during the client engagement
Be productive across the assigned client engagement activities with the best in class EY quality standards
Complete all mandatory client and EY's training without any delays.
Understand and maintain client confidentiality & EY independence throughout the course of employment
Constantly improve the efficiency and effectiveness of the business
Strong analytical skills required to organize and analyze multiple data sets as well as strong interpersonal and organizational skills
Efficient in MS office and communication skills

Engagements may include assessing AML risk at the enterprise and business unit level, drafting and enhancing policies and procedures, creating and delivering training modules, compliance assessments, transaction monitoring look backs pursuant to regulatory orders, Know Your Customer (KYC) remediations, internal controls assessments, internal investigations, and independent testing.

Skills and attributes

To qualify for the role you must have

Academic Qualifications:MBA/Post Graduate/Graduate & Any AML related certifications (ACAMS, CFCS, CAMI etc) will be an added advantage

Mandatory (Either 1 or 2):

Experience in an MNC Captive or a Bank for 1 to 3 years of financial services or AML/KYC due diligence experience
KYC / AML experience in a Big 4 or any other consulting firm with 2+ years


To qualify for the role you must have:
1-3 Yrs of post-qualification experience in AML / KYC,or Compliance experience
Extensive knowledge of the consumer banking industry as it relates to AML KYC operations and regulations local as well as Global
Ability to conduct research and form views across different legislations and regulations governing various sectors in
Experience (if any) with collaborating with co-workers located in different locations both domestically and internationally

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain postivie energy, while being adaptable and creative in their approach.

What we offer

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.




Job Source:

Ernst & Young Global Limited, doing business as EY, is a multinational professional services network with headquarters in London, England.EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and PricewaterhouseCoopers, it is considered one of the Big Four accounting firms. It primarily provides assurance (which includes financial audit), tax, consulting and advisory services to its clients. Like many of the larger accounting firms in recent years, EY has expanded into markets adjacent to accounting, including strategy, operations, HR, technology, and financial services consulting