Job Description

Line of Service

Advisory
Industry/Sector

Not Applicable
Specialism

Conduct and Compliance
Management Level

Senior Associate
& Summary

A career in our Anti Money Laundering practice, within Regulatory Response and Remediation services, will provide you with the opportunity to help organisations build resilience and embed regulatory compliance into their operating models by improving processes, technology, and data. We develop strategies that help business leaders and their board use regulation as a strategy enhancement, support ongoing regulatory efficiency, and provide confidence in their regulatory response.




Our team helps organisations to harness technology to create effective, efficient, and sustainable Anti Money Laundering programmes. As part of our team, you'll help with vulnerability assessments, compliance programme evaluations, and gap analyses to assist clients in reducing their money laundering and sanctions exposure.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.


As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:


Competency Risk Consulting (CR&R)


Skill AML KYC


Job Overview

Positional Requirement/Responsibilities

End to end KYC knowledge of different sets of clients.


Preferred Knowledge

• Review new and existing customer accounts and verify their identities.
• Assess the risks associated with customers or products.
• Complete KYC onboarding for the new and pre-existing customers (KYC Refresh) by reviewing client documentation, vendor databases, and data entered proprietary.
• Develop knowledge of AML/BSA-related regulations
• Performing data quality review of KYCs for completeness, including ensuring all appropriate information is contained in the KYC to meet all regulatory, legal, bank, and audit requirements.
• Other project work assigned within the scope of AML/KYC Business Quality
• Perform the required KYC screening on new clients by documenting and corroborating the information obtained on the client as required by the procedures utilizing a variety of independent research sources.
• Analyze Client data, documentation, and negative news in order to determine the Client Risk Profile as established under the procedures.
• Collaborate with the client team worldwide on global requests.
• Maintain detailed records on clients for second-level review
• Track and report all documentation breaks.
• Liaise with Clients, Front Office, Credit, Legal, and Operations as necessary as part of the KYC process.

Required Qualifications & Capabilities

• Experience in compliance or related position
• Familiarity with the firm's internal systems and processes or similar processes at other institutions
• Self-starter, capable of working under minimum supervision
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.), and develop well-reasoned recommendations
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Strong documentation skills to clearly articulate alert disposition
• Adherence to controls and standard

Professional & Educational Background

• Bachelor's Degree in Commerce, Computer Science, or equivalent is preferred. A full-time master's degree/equivalent is an added bonus.

Additional Information

• Collaborating with leadership to deliver client engagements and associated outputs, supporting the team in day-to-day client management, project management, and the development of high-quality client deliverables.
• Emphasizing the ability to build solid and collaborative relationships with team members and taking initiative to build relationships with client stakeholders.
• Excellent written and verbal communication skills.

Experience Range: From 1 years to 7 years (HR to edit based on requirement)


Positional Requirement/Responsibilities


Review transaction monitoring alerts on behalf of PwC's clients


Designation - Associate / Sr. Associate


Preferred Knowledge


• Collect and document data, including: alerting activity, account information, transactional

data, KYC information, politically exposed person (PEP) status, adverse media as well as


counterparty and any other required information to assist in the investigation


• Review and analyze underlying data gathered opposite Anti-Money Laundering (AML),

Terrorist Financing (TF), Human Trafficking and other red flags to assess whether the alert


should be recommended for escalation or to be closed with no further action


• Fully document all alerts, including supporting data, analysis as well as escalation or close

recommendation rationale within the case management system in a timely manner and


consistent with the firm's quality standards


• Build relationships with AML Investigations units and effectively communicate and transfer

information for case investigations


• Collaborate with India and US colleagues to share processing and AML knowledge to

enhance AML Investigation process flows


• In conjunction with manager and consistent with overall department objectives, establish and

execute on annual development goals


• As requested, participate in special projects, quality improvement initiatives and other similar

exercises
Required Qualifications & Capabilities


• Experience in compliance or related position
• Familiarity with the firm's internal systems and processes or similar processes at other

institutions


• Self-starter, capable of working under minimum supervision
• Exceptional research and analytical skills with the ability to analyze large amounts of data,

decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and


develop well-reasoned recommendations


• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Strong documentation skills to clearly articulate alert disposition
• Adherence to controls and standard

Professional & Educational Background


• Bachelor's Degree in Commerce, Computer Science or equivalent is preferred. Full-time

master's degree/equivalent is an added bonus.


Additional Information


• Collaborating with leadership to deliver client engagements and associated outputs,

supporting the team in day-to-day client management, project management, and the


development of high-quality client deliverables.


• Emphasizing the ability to build solid and collaborative relationships with team members and

also taking initiative to build relationships with client stakeholders.
Education •(if blank, degree and/or field of study not specified)•

Degrees/Field of Study required:
Degrees/Field of Study preferred:
Certifications •(if blank, certifications not specified)•

Required Skills

Optional Skills

Desired Languages •(If blank, desired languages not specified)•

Travel Requirements

Not Specified
Available for Work Visa Sponsorship?

No
Government Clearance Required?

No
Job Posting End Date