Financial Risk & Compliance Associate - GCC

Description

About A&M Global Capability Center Private Limited

In 2023, A&M established a high-quality global capability center in India. The capability center has dedicated centers of expertise which work with A&M leadership across multiple business units and geographies to enable efficient service delivery to A&M clients.

The GCC is designed to efficiently and innovatively scale client delivery teams to meet ongoing demands. It helps A&M's global business units expand their talent pool in India, allowing them to hire specialized professionals, maintain competitive pricing, accelerate delivery speeds with a hybrid onshore-offshore team, and leverage automation with top tier digital and analytics talent. The GCC blends industry and consulting professionals across multiple domains to drive change and add value.

Unlike traditional GCC models focused on back-office support, we partner with case teams for end-to-end case delivery and thought leadership. Nearly 90% of our consultants hold advanced degrees, and our leadership team boasts over 1000 years of combined experience. We serve all major markets, including the Americas, EMEA, and APAC, and work across various industries such as Consumer & Retail, Healthcare, Software & Technology, Automotive & Industrials, Hospitality & Leisure, Energy & Natural Resources, and Financial Services.

As we embark on this unique journey, the firm is actively seeking to build a strong, capable team for the center. The GCC is growing rapidly and is already a 500+ member team.

About the Role

This role is responsible for supporting A&M’s financial & legal compliance and obligations across global geographies where AML compliance is required for A&M to carry out engagements. The position reports to the Head of Financial Risk & Compliance.

The role is expected to support the identification and assessment of compliance risk, associated risk mitigation and related controls, reporting and monitoring across multiple SBUs and geographies. It will work closely with the Finance team and the Legal team, along with SBU Ops Leads, Billing and Project Revenue teams, and MDs to support the implementation and management of the Money Laundering, Counter Terrorist Financing & Proliferation policy and procedures.

Key Responsibilities

Anti-Money Laundering Compliance

Support the Money Laundering Reporting Officer to manage AML compliance, including working with the MLRO to
provide guidance on potential AML risks and issues as needed.

• Day to day management of AML on-boarding processes carried out across the globe, escalating concerns to the MLRO as appropriate and supporting the wider team to understand and adhere to requirements for effective AML submissions. Work with the MLRO and other team members to ensure adequate cover is available in times of absence, always providing continuity of these processes.
• Work with the MLRO to ensure that A&M complies with AML regulations in each of the nominated geographies regarding suspicious activity reporting, supporting internal and external submissions as required/appropriate and flagging concerns to the MLRO.

Regulatory risk & compliance – Europe (incl Eastern Europe), Middle East, Africa, India, Cayman, Central Asia,
Canada, Australia and BVI

Support the MLRO to identify key issues and developments affecting the A&M business from a regulatory compliance and reporting context, including:

• Helping to maintain a register of regulatory compliance obligations for each A&M jurisdiction
• Supporting the design and implementation of programs, policies and procedures
• Performing targeted risk assessments to identify, evaluate and prioritize compliance risks
• Supporting the co-ordination of required regulatory reports, submissions and applications
• Supporting MLRO reviews of firm-wide compliance activity, compliance policies and processes, as well as audits of SBU compliance activities across the business
• Supporting the training of Billing, Project Revenue and delivery teams on effective AML management and updates to regulations and processes in the various geographies

General Skills and Qualification

• AML training/qualifications would be beneficial
• Knowledge of AML laws and regulations in a variety of geographies would be beneficial
• Ability to work on their own initiative, identifying issues in their areas of responsibility that require review and escalating to the MLRO as required.
• Ability to build solid working relationships with colleagues and key stakeholders
• Good organisation skills with the ability to prioritise work, adjust to changes in workload and coordinate resources in order to meet deadlines.
• Strong ‘team player’ who can interact easily with colleagues and has strong communication skills