Transaction Monitoring Senior Analyst

Financial Crime Operations

The Compliance team at EY GDS partners with other EY offices across the globe to provide anarray of compliance solutions to our clients. The team works on short to long termengagements to assist in establishing, maintaining, and reviewing the outputs of businessfunctions and compliance programs.

Financial crime risks relating to anti-money laundering (AML), terrorist financing, anti-briberycontrols, sanctions compliance and fraud are a high focus for regulated businesses andexternal scrutiny as regulation and practice continues to evolve. Responsible for developingand overseeing the financial crime and fraud prevention framework, designed to ensureclient(s) are compliant, protected from risk and loss from financial crime.

The Opportunity

As a part of our Global Managed Services Delivery team, you will be working with EY officesacross the globe to provide an array of compliance solutions to our clients. The team works onshort to long term engagements to provide assistance in establishing, maintaining andreviewing the outputs of business functions and compliance programs.Our Financial Crime Consulting team consists of hundreds of professionals who advise anddrive change for the firm's banking, capital markets, insurance, and asset management clientsin Financial Crime. Our Financial Crime Consulting team specializes in several areas, including:

• AML transaction monitoring
• SAR drafting
• Fraud Investigation
• Crypto investigation
• Customer screening
• Payment screening filtering for Sanctions, PEPs and adverse media
• KYC Remediation
• Compliance testing and FATCA
• Financial crime risk assessment reviews 
• AI Tools & Automation

Key Responsibilities

As a Financial Crime Compliance Senior Analyst, you will predominantly support the compliance team in the financial crime space. You will help businesses comply with financial crime regulations and adhere to relevant client(s) policies and procedures related to anti-money laundering andcounter-terrorist financing.

• Devising process documentation and translating complex processes into easy-to-follow instructions
• Lead or assist in training programs to raise awareness and improve AML compliance within the organization
• Assist in the enhancement of AML processes and systems to improve efficiency and effectiveness.
• Day-to-day coordination of project and related activities driven by the compliance function
• Subject-matter knowledge to address the process concerns, floor queries and coach & mentor AML analysts
• Preparing MIS for senior management and providing advisory support to business units Build professional relationships within the firm as well as with the clients and must participate in business development activities
• Seek to understand the overall process and objective of the project
• Demonstrate integrity, respect and be able to work independently or collaboratively with teams as may be required
• Coordinating efforts with internal stakeholders as appropriate
• Demonstrate an application & solution-based approach to problem solving
• Take ownership and initiatives to help improve the status quo
• Multi-task, learn on the job and work under pressure to meet strict deadlines in a fast-paced environment
• Identify and evaluate opportunities for implementing AI analytics and automation that drive measurable improvements across financial crime compliance operations.
• Partner with technology teams to design, implement, and continuously enhance AI-driven solutions, improving operational efficiency, accuracy, and business outcomes.

Proficiency in Transaction Monitoring Space: 

• Customer transactions: Oversee 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
• In-depth understanding of Transaction monitoring and risks in each Segment:
  • Wealth Management Risk:
    1. Monitor client transactions specific to wealth management services to identify unusual or suspicious patterns that may indicate financial crime.
  • Commercial Banking Transactions:
    1. Monitor and analyze a high volume of commercial banking transactions to detect unusual patterns that could suggest illicit activities.
    2. Stay up to date with AML regulatory standards and compliance obligations, while also being well-versed in the diverse array of products and services offered in commercial banking.
  • Corporate Transaction Monitoring:
    1. Maintain a thorough understanding of AML regulations, as well as knowledge of the corporate banking products and services offered by the institution.
    2. Review and analysis of corporate client transactions using automated systems to detect patterns of unusual or suspicious activity
  • Correspondent Banking Risk Detection:
    1. Collaborate with correspondent banks to obtain information and clarify transaction details as part of the investigation process
    2. Monitor and analyze transactions processed through correspondent banking channels to identify unusual patterns or activities indicative of money laundering or other financial crimes

Skills and Attributes for Success

• Professional certification such as CAMS, CFE, ICA, which is considered advantageous
• Anticipate and identify engagement related risks and escalate issues as appropriate
• Exhibit analytical skills and attention to detail while maintaining a holistic view and logical thinking
• Experience in the design, development, and implementation of internal controls for financial services business processes
• Ability to establish client (process owner/functional heads) and internal relationships
• Assess, validate and challenge AI-generated outputs, applying subject matter expertise and regulatory judgement to support decision-making.
• Proficiency in Generative AI and prompt engineering, with the ability to design advanced prompts, critically evaluate AI-generated outputs, and leverage AI solutions to enhance analysis, decision-making, and operational efficiency.
• Crypto Knowledge and experience would be an advantage.

To qualify for the role, you must have:

• Bachelor's /Master’s degree in finance, accounting, economics, law, or a related field
• 4-8 years of experience in Financial Crime Risk Management supporting banking and financial services industry in managing their BSA/CTF regulatory compliance operation
• Demonstrated experience in a consulting role or within a large corporate environment, with a strong understanding of global Financial Crime Compliance practices in the financial services industry
• Good understanding of SAR drafting and AML regulatory reporting
• Strong analytical skills and the ability to interpret complex financial data
• Good understanding of the banking industry, its products, and services
• Experience analysing financial/bank statements
• Experience in interpreting policy documents
• Willingness to work from office all 5 days a week
• Willingness to work on Indian Holidays as per client requirement
• Willingness to work in shifts, if required
• Willingness to travel, within the country and internationally as required
• Proficiency in transaction monitoring systems and other emerging AI capabilities and tools.

Ideally, you'll also have:

• Good English communication skills - written as well as verbal
• Possess energy, enthusiasm, and the courage to lead
• Strong presentation skills and proficiency in the use of PowerPoint, Word and Excel
• Ability to manage multiple competing priorities and consistently deliver results within strict deadlines
• Strong organizational and time management skills
• Effective project management and teamwork skills, and the ability to work under pressure

What working at EY offers:

• Continuous learning: You'll develop the mindset and skills to navigate whatever comes next
• Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way
• Transformative leadership: We'll give you the insights, coaching and confidence to be the

leader the world needs

• Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.