Manager- Financial Crime Risk Assessment

3 weeks ago


Solapur, India Solytics Partners Full time

About Us:


Solytics Partners provide products and services to BFSI and Healthcare firms. We use AI/ML& cutting-edge technology to develop next generation solutions or provide efficient services. We have strong team of PHDs in AI/ML and experts in BFSI, and healthcare industry. Our regulatory compliant solutions and services enable leading corporations and institutions to create and sustain competitive advantage.


Job Summary:


We are seeking an experienced Financial Crime Risk Assessment Consultant with over 8 years of experience, specifically in financial crime risk assessment and Anti-Money Laundering (AML). The ideal candidate will possess strong analytical skills and be adept at working with risk data to identify and mitigate financial crime risks effectively.


Role and Responsibilities:


  • Identify potential sources of financial crime risks, including money laundering, fraud, and terrorist financing.
  • Consider various channels, such as customer behaviour, transactions, and geographic locations.
  • Utilize data analytics tools to assess risk exposure and identify patterns or anomalies.
  • Develop a risk scoring system to prioritize clients and transactions based on their risk levels.
  • Regularly update scoring criteria based on emerging trends and regulatory changes.
  • Maintain thorough documentation of all risk assessments, methodologies, and findings to facilitate audits and regulatory reviews.
  • Understand local and international regulations related to financial crime and ensure assessments align with compliance requirements.
  • Assess the effectiveness of existing compliance programs and identify gaps.


Key Requirements:


  • Bachelor’s degree in Finance, Business, or a related field; advanced degree or professional certifications.
  • Minimum of 5 years of experience in financial crime risk assessment, with a strong focus on AML.
  • Proven ability to analyse complex risk data and draw actionable insights.
  • Experience in developing and implementing risk assessment methodologies and compliance frameworks.
  • Familiarity with relevant regulatory requirements and industry standards related to AML and financial crime.
  • Excellent communication skills, both written and verbal, with the ability to convey complex information to diverse audiences.
  • Strong problem-solving skills and a keen attention to detail.


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