Company Overview

Covenant Consultants is a leading Executive Search and Recruitment Firm with a team of over 350 full-time recruitment specialists. With a focus on human capital, Covenant Consultants excels in head hunting and providing timely, quality services across a range of industry practices. Headquartered in Chennai, the firm operates on principles of integrity and equity. Covenant Consultants has a diverse experience, serving clients globally with a commitment to excellence.

Job Overview

We are seeking a mid-level AML Technology professional to join our team in Bangalore. This is a full-time, hybrid role ideal for candidates with expertise in Anti-Money Laundering, who can effectively manage compliance processes, testing scenarios, and documentation. The successful candidate will be part of a dynamic team ensuring adherence to regulatory requirements and contributing to the company's success in the banking and financial services industry.

Qualifications and Skills

• Proven experience as a business analyst, with expertise in Anti-Money Laundering, FATCA compliance (Mandatory skill).
• Strong understanding of compliance management principles and industry regulations is essential for this role.
• Proficient in planning and executing User Acceptance Testing (UAT) to ensure system changes meet business needs.
• Ability to create detailed test scenarios and execute them efficiently to validate software developments.
• Competence in developing Business Requirement Documents (BRD) for various compliance-related projects.
• Proficiency in drafting Functional Requirement Documents (FRD) to support software development teams.
• Strong analytical and problem-solving skills to address complex compliance issues effectively.
• Excellent communication skills for coordinating with multidisciplinary teams and presenting findings clearly.

Roles and Responsibilities

• Conduct thorough analysis and documentation of business requirements related to anti-money laundering processes.
• Collaborate with stakeholders to ensure compliance with all FATCA and AML regulations.
• Design, implement, and oversee UAT plans to validate the functionality and integrity of software solutions.
• Create comprehensive test scenarios and execute tests to identify and resolve potential issues.
• Prepare BRDs and FRDs to streamline communication between business and IT teams.
• Liaise with compliance teams to ensure alignment with regulatory changes and updates.
• Provide insights and recommendations for process improvements in compliance management.
• Support cross-functional teams with expert advice on AML and compliance-related matters.