Job title: AML_FTH_Consultant_R&LS

About

At Deloitte, we do not offer you just a job, but a career in the highly sought-after risk Management field.
We are one of the business leaders in the risk market. We work with a vision to make the world more
prosperous, trustworthy, and safe. Deloitte’s clients, primarily based outside of India, are large, complex
organizations that constantly evolve and innovate to build better products and services. In the process,
they encounter various risks and the work we do to help them address these risks is increasingly
important to their success—and to the strength of the economy and public security.

By joining us, you will get to work with diverse teams of professionals who design, manage, and
implement risk-centric solutions across a variety of domains. In the process, you will gain exposure to the
risk-centric challenges faced in today’s world by organizations across a range of industry sectors and
become subject matter experts in those areas.

Our Risk and Financial Advisory services professionals help organizations effectively navigate business
risks and opportunities—from strategic, reputation, and financial risks to operational, cyber, and
regulatory risks—to gain competitive advantage. We apply our experience in ongoing business operations
and corporate lifecycle events to help clients become stronger and more resilient. Our market-leading
teams help clients embrace complexity to accelerate performance, disrupt through innovation, and lead in
their industries. We use cutting-edge technology like AI/ML techniques, analytics, and RPA to solve
Deloitte’s clients’ most complex issues. Working in Risk and Financial Advisory at Deloitte US-India offices
has the power to redefine your ambitions.

The Team

Anti-Money Laundering

Deloitte's Anti-Money Laundering (AML) practice assists clients

worldwide, including both financial and non-financial institutions,
in meeting a diverse range of regulatory requirements related to
money laundering and economic sanctions. Our team comprises
professionals with extensive expertise and a global network
composed former bank regulators, federal law enforcement
officers, financial institution compliance experts, IT specialists,
economists, statisticians, bankers, and industry specialists. We
collaborate with our clients to minimize their risks associated with
money laundering and terrorist financing, enabling them to align
with regulatory standards for robust programs and controls. Our
services encompass the design, implementation, enhancement,
and testing of AML/Sanctions programs, offering comprehensive
compliance solutions. Whether our clients need assistance in
crafting comprehensive compliance frameworks or guidance
during investigations/regulatory inquiries, our technologically
advanced solutions empower them to fulfill regulatory
expectations and enhance their program resilience and
confidence. Additionally, we provide services for responding to
and rectifying compliance lapses when they occur.
Anti-Money Laundering services include:

• AML / Know Your Customer (KYC) Reviews (CDD / EDD)

• Transaction Review/Lookbacks/Investigations
• Currency Transaction Report (CTR) reviews
• Sanctions Screening / Alert review
• Independent testing and program validation

Work you’ll do

The key job responsibilities will be to:

• In this role, you’ll have the opportunity to work with our Deloitte U.S firms. The Key Responsibilities
include:

• Help design, review, enhancement, implementation, and monitoring of numerous anti-money laundering
and sanctions detection and compliance programs for clients around the world.

• 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”)
remediation’s, internal controls assessments, internal investigations, and independent testing.

• Remediate a customer’s KYC record in accordance with clients’ customer risk rating and perform
appropriate customer identification program (CIP), customer due diligence (CDD) and enhanced due
diligence (EDD) Standards as applicable, highlighting issues Supporting engagements by thoroughly
reviewing sanction alerts and negative media hits to determine their disposition based on the identified
results, distinguishing between true hits and false positives Conduct comprehensive Currency Transaction
Reporting (CTR) reviews, examining financial transactions for accuracy and compliance with regulatory
requirements, while ensuring the timely and accurate filing of CTRs in accordance with applicable laws
Compose draft version of Suspicious Activity Report (SAR) narratives, articulating complex financial
transactions and patterns into clear, concise, and compliant narratives that effectively communicate and
address all risks associated with the identified suspicious activities

Review and decision system generated alerts to identify suspicious trends and activity by monitoring
transactions through various client systems/application. Conduct research about customer and its related
parties using LexisNexis, World Check, third-party. Demonstrate understanding of ongoing industry
trends, changing regulatory landscape related to Transactions reviews & investigation, Alert generation
and adjudication, US & EU sanctions etc. Coordinate with various internal and external stakeholders to
obtain required information to perform these responsibilities.

Required skills

• BBA/BBM/B. Com/CA-inter or equivalent degree with 1-4 years of experience in AML-

focused activities.
• Excellent verbal, written, and interpersonal communication skills.
• Fair understanding of Transaction Monitoring, Sanction Screening, CTR reviews, Reporting &
Preparing SAR drafts Knowledge of the regulatory landscape – The BSA, The Patriot Act, U.S.
Treasury AML guidelines and OFAC requirements. Knowledge of common third-party databases and
public resources used for due diligence research. Proficiency with MS-Office (Excel, Word,
and PowerPoint) Flexibility regarding working in night shifts for client service projects.
• Adaptability to an ODC (Offshore development center) environment by being present in the office
throughout the workweek.
Qualification

BBA/BBM/B. Com/CAMS or CFE is preferred

How you’ll grow

At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow.
We want all our people to develop in their own way, playing to their own strengths as they hone their
leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and
networking opportunities—including exposure to leaders, sponsors, coaches, and challenging
assignments—to help accelerate their careers along the way. No two people learn in the same way. So, we
provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The
Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an
extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our
commitment to our people’s growth and development. Explore DU: The Leadership Center in India.

Deloitte’s culture

Our positive and supportive culture encourages our people to do their best work every day. We celebrate
individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can
help them to be healthy, centered, confident, and aware. Deloitte is committed to achieving diversity
within its workforce, and encourages all qualified applicants to apply, irrespective of gender, age, sexual
orientation, disability, culture, religious and ethnic background. We offer well-being programs and are
continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages
our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.

Corporate citizenship

Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and
extends to relationships with Deloitte’s clients, our people and our communities. We believe that business
has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and
leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on
the world.

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Benefits

We believe that to be an undisputed leader in professional services, we should equip you with the
resources that can make a positive impact on your well-being journey. Our vision is to create a leadership
culture focused on the development and well-being of our people. Here are some of our benefits and
programs to support you and your family’s well-being needs. Eligibility requirements may be based on
role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can
mean for you.

Our people and culture

Our people and our culture make Deloitte a place where leaders thrive. Get an inside look at the rich
diversity of background, education, and experiences of our people. What impact will you make? Check out
our professionals’ career journeys and be inspired by their stories.

Professional development
You want to make an impact. And we want you to make it. We can help you do that by providing you the
culture, training, resources, and opportunities to help you grow and succeed as a professional. Learn more
about our commitment to developing our people.

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