FC Global Services India LLP (First Citizens India), a part of First Citizens BancShares, Inc., a top 20 U.S. financial institution, is a global capability center (GCC) based in Bengaluru. Our India-based teams benefit from the company's over 125-year legacy of strength and stability. First Citizens India is responsible for delivering value and managing risks for our lines of business. We are particularly proud of our strong, relationship-driven culture and our long-term approach, which are deeply ingrained in our talented workforce. This is evident across all key areas of our operations, including Technology, Enterprise Operations, Finance, Cybersecurity, Risk Management, and Credit Administration. We are seeking talented individuals to join us in our mission of providing solutions fit for our clients greatest ambitions.
Job Description
Value Preposition
Contribute to creating a culture of compliance where ethics and integrity are a critical part of what we do every day.
Job Details
Position Title: Associate Director - AML/BSA Compliance
Career Level: L3
Job Category: Vice President
Role Type: Hybrid
Job Location: Bangalore
About The Team
Financial Crimes Oversight under Financial Intelligence Unit (FIU) group at FCB is responsible for quality assurance and monitoring for key processes performed within the BSA/AML and Sanctions Compliance organization.
Impact
The AML/CFT Compliance Officer is part of FCB Financial Intelligence Unit's Client BSA Risk team with the specific responsibilities of assessing and managing client BSA/AML risks both at initial onboarding and throughout the duration of the client's relationship. The individual will assist in performing trending and analysis of emerging high-risk industries and reporting/escalating results of analysis for new Customer Information Files (CIFs) and existing Customers during their periodic due diligence reviews.
Key Deliverables
- Compliance Review - Conducts Enhanced Due Diligence reviews of high-risk clients, medium risk entities, and select triggering event clients that include composing a comprehensive written narrative explaining the business structure and risks the business presents. The ability to write, think critically and make sound judgments independently is imperative. Identify and escalate unusual activity or flagged documentation and transactions. Ensures compliance with applicable laws, regulations, policies, and procedures.
- Data Analysis - Sources, validates, and interprets data. Analyzes data for discrepancies and risks, effectively communicates analysis output.
- Compliance Expertise - Maintains knowledge of laws, regulations, procedures, and policies that affect the assigned business area through ongoing research and industry involvement. Acts as a resource to less experienced associates, providing training and expertise for complex issues. May participate in industry events, form partnerships with other professionals, or seek additional training to remain current on evolving issues.
- Workflow Management - Structures work and analysis for consistency with departmental goals and objectives adhering to policies and procedures for compliance and quality assurance.
Skills And Qualification
Required Area of Experience: Compliance, Legal, Audit, Banking or other related experience
- Bachelor's degree
- 12 + years of experience in AML/CFT compliance, investigations, or related field
- Professional designation in CIA/CRCM/CAMS a plus
- Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements
- Knowledge of the laws applicable to money laundering including the Bank Secrecy Act (BSA), USA Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
- Experience with AML/CFT software, data analytics tools, and case management systems
- Effective time management and organizational skills
- Strong organization skills, attention to detail, and communication skills for collaboration, reporting, and documentation of findings
- Demonstrated ability to self-manage and multitask in a dynamic, ever-changing environment
- Ability to work independently or with a team, meet deadlines, and pivot as priorities shift.
- Ability to identify and provide feedback regarding process improvements and potential risks
- Preferred: CAMS or similar certification
Leadership Qualities
- Strong leadership skills including coaching and guiding team, providing performance feedback, leading team through periods of change and transition, and ability to build strong relationships within the team.
- Ability to work independently with minimal oversight, execute against priorities in a timely manner, and adapt to priority shifts.
Relationships & Collaboration
- Ability to build and maintain strong working relationships with business partners through strong communication and a proactive approach to problem solving and identifying risks.
Accessibility Needs
We are committed to providing an inclusive and accessible hiring process. If you require accommodations at any stage (e.g. application, interviews, onboarding) please let us know, and we will work with you to ensure a seamless experience.
Equal Employment Opportunity
FC Global Services India LLP (First Citizens India) is an Equal Employment Opportunity Employer. We are committed to fostering an inclusive and accessible environment and prohibit all forms of discrimination on the basis of gender, religion, caste, disability, sexual orientation, economic status or any other characteristics protected by the law. We strive to foster a safe and respectful environment in which all individuals are treated with respect and dignity. Our EEO policy ensures fairness throughout the employee life cycle. 
