Regulatory Compliance Associate

Regulatory Compliance Associate

Skill required: Transaction Monitoring - Anti-Money Laundering (AML)
Designation: Regulatory Compliance Associate
Qualifications:Bachelor’s degree with Finance specialization
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? Entry-level role supporting first line of defense operations across risk event management, compliance monitoring, and documentation activities and reporting. "Transaction Monitoring involves overseeing financial transactions to detect and prevent suspicious activities, such as fraud or money laundering. This includes analyzing transaction data, identifying unusual patterns, and reporting potential issues. The goal is to ensure compliance with regulatory requirements and protect the organization from financial crimes. Responsibilities include using monitoring tools, conducting investigations, and maintaining accurate records. This role is crucial for maintaining the integrity and security of financial operations. Key activities involves- Alter review & investigation, Transaction Analysis, Suspicious Activity reporting, Compliance and regulatory adherance & Case management." Understand & implement laws, and regulations designed to stop the practice of generating income through illegal actions during transfer of funds. Anti Money Laundering law covers limited number of transactions and criminal behaviors to prevent terrorist financing and money laundering and compliance programs, including know-your-customer (KYC) rules.
What are we looking for? Qualification: Graduate "• Basic risk management awareness • Documentation and data entry skills • Attention to detail • Sound verbal and written communication skills • Experience with IT and Automation would be added advantage • Strong MS Excel skills • Willingness to work flexible hours, as necessary, to meet monthly and quarterly deliverable deadlines and to provide extended-hour customer service support"
Roles and Responsibilities: •"• Support risk event logging and data entry • Assist in evidence collation for audits • Maintain documentation and records • Perform basic compliance checks • Support daily monitoring activities • Support AML checks, Onboarding, Due Diligence and Screening activities "