EY - Project Manager - Financial Crime (5-12 yrs)

EY as a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity:

FCC Analytics - Business Consulting Risk - FSRM

Our FSRM team is a fast-moving, high-growth area with huge potential. It offers variety, challenge, responsibility and the opportunity to realize your leadership potential.

Our Financial Services Risk Management (FSRM) practice focuses on risk management, regulatory, quantitative, and technology backgrounds. The breadth of experiences of FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well-integrated manner.

All about the Role : FCC Analytics

We are seeking a skilled and experienced professional who has worked in financial crime domain to lead the development and implementation of new transaction monitoring system. This role involves working closely with senior stakeholders from compliance, technology teams to ensure a seamless integration of new system that meets regulatory standards and enhances our ability to detect and prevent financial crimes. The ideal candidate will have extensive knowledge in AML (Anti-Money Laundering) compliance, transaction monitoring, and project management, with a proven track record in system implementation or replacement.

Key Responsibilities

- Project Leadership: Lead the end-to-end process of implementation of new Transaction Monitoring System, ensuring project timelines and budgets are adhered to.

- Requirements Gathering: Collaborate with compliance, risk, and IT stakeholders to gather and document detailed requirements for the new system, ensuring alignment with regulatory and operational needs.

- System Design and Customization: Work with internal team to design, configure, and customize the new system to meet specific detection scenarios, thresholds, and alert-generation requirements.

- Scenario Development and Testing: Define and implement transaction monitoring scenarios based on typologies and red flags; ensure thorough testing and validation of each scenario to minimize false positives and maximize detection efficiency.

- Data Migration and Integration: Oversee the migration of data from the legacy system to the new TMS, ensuring data integrity and security, and coordinate with Bank's technology team to integrate the new system with existing platforms.

- Testing and Validation: Lead comprehensive testing, including unit, integration, and user acceptance testing, to validate functionality, accuracy, and reliability of the new TMS.

- Handover Documentation: Draft the required documents to ensure smooth handover post-implementation.

Basic Qualifications

- Educational Background: Bachelor's or Master's degree in Finance, Business, Information Technology, or a related field.

Experience:

- 5+ years of experience in AML/Transaction Monitoring, Compliance, or Financial Crime Prevention.

- Proven experience in implementing or replacing a transaction monitoring system in a financial institution.

- Strong project management skills, with experience managing complex system implementations.

Technical Skills:

- Familiarity with transaction monitoring tools and AML solutions.

- Knowledge of data migration, integration, and TMS configuration.

- Proficiency in SQL, data analytics, and scenario testing is a plus.

- Regulatory Knowledge: In-depth understanding of AML/CFT regulations, and experience with regulatory audits and compliance standards.

Soft Skills:

- Should be able to present weekly reports to C-suite stakeholders

- Strong analytical, problem-solving, and organizational abilities.

- Ability to work in ambiguous environments and provide direction to various stakeholders.

Good to Have Qualifications

- Certified Anti-Money Laundering Specialist (CAMS) or similar certification.

- Experience with leading TMS vendors (e.g., Actimize, NICE, FICO, SAS) will be an advantage

- Knowledge of Agile and/or Waterfall project management methodologies.

Skills and attributes :

In addition to technical competence, what will set you up for success at EY is your ability to:

- Strong communication, documentation, facilitation, relationship-building, presentation and negotiation skills

- Be highly flexible, adaptable, and creative

- Broad consulting and project management skills, effective written and oral communication skills

- Pursue passions beyond work and invest in your wellbeing

What we look for :

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer :

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.