Auditor - BSA/Anti Money Launder Auditing - Consulting Firm

BSA/AML Auditor - Big 10 Consulting Firm (US Entity)

Job Role: The person will be doing the Anti Money Launder Auditing for BSA/AML/OFAC requirements in the United States as described in the FFIEC BSA/AML Manual

Job Location : Gurgaon

KEY RESPONSIBILITY AREA: 

- Strong ability to assess bank conformance with regulatory requirements for opening new accounts (e.g., Customer Identification Program/Customer Due Diligence/Enhanced Due Diligence)

- Knowledge of Currency Transaction Reporting requirements including all aspects for completing a CTR properly and submitting to FinCEN timely

- Strong knowledge of OFAC guidelines and testing in all areas (i.e. new accounts, system fuzzy logic, periodic updates, false positives, monetary instrument sales, wire transfers, ACH, check cashing, special measures and others) for Bank compliance

- Understand and assess account monitoring techniques (e.g., processes for monitoring transaction activity, including alerts and investigations; understanding how to read and process a CTR and SAR; adequate and timely monitoring of high-risk accounts)

- Understanding how to read a risk assessment and determine whether all relevant information is documented to support the bank's assessment of its BSA/AML and OFAC risk

- Develop and/or prepare quality (clear, concise and accurate) work papers that meet with Firm and regulatory standards

KEY PERFORMANCE INDICATOR: 

- Deliver work which is of highest quality within the budget

- Delivery of projects on timely basis.

SCOPE OF WORK: 

- Team management

- Global exposure with US clients

DESIRED PROFILE: 

- Bachelors- degree in accounting, business or related field or equivalent education and related experience

- 2 + years of prior BSA/AML/OFAC auditing experience(e.g., CIP/CDD/EDD, CTR, Information Sharing, Wire Transfer, OFAC, Alert monitoring and System Monitoring reconciliations

- BSA/AML certification (e.g., CAMS, FIBA AML) is preferred