📌 Job Title: Associate – AML / KYC
🏢 Company: PwC India
📍 Location: Pune / Chennai (Hybrid Work Model)
🕒 Experience Required: 3 to 8 Years
📝 Employment Type: Full-Time, Permanent
🧭 Department: Risk Management & Compliance
🔄 Job Posted: 7 Days Ago
📋 Openings: 1 Position
📩 Applicants: 4895 and counting
💼 Job Category: Risk Management & Compliance – Other
💰 Salary: Not Disclosed (Competitive)
🧾 Role Summary
PwC India is actively seeking a highly skilled AML/KYC Associate to join its Financial Crime Compliance team. This role requires a strong grasp of Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, along with hands-on expertise in transaction monitoring, client due diligence, and risk assessment for institutional clients. Candidates will have a chance to work in a hybrid setup from either Pune or Chennai, and play a critical role in combating financial crime.
🎯 Primary Responsibilities
🔍 Client Due Diligence (CDD)
- Perform detailed due diligence for clients including banks, trusts, funds, and SPVs.
- Validate identity, beneficial ownership, and sources of funds.
- Review documents for completeness and regulatory compliance.
🗂️ Documentation and Analysis
- Analyze client data to ensure accuracy and completeness.
- Maintain up-to-date KYC profiles and monitoring records.
- Conduct event-driven and periodic reviews.
🔬 Transaction Monitoring (TM)
- Investigate flagged transactions for suspicious patterns and anomalies.
- Utilize advanced TM tools to assess activities for potential financial crimes.
- Review alerts generated through monitoring systems, focusing on L1 and L2 levels.
🧯 Risk Mitigation & Regulatory Adherence
- Perform sanction screening and adverse media screening.
- Escalate suspicious activity as per protocol and participate in SAR filing.
- Align with FATF, OFAC, RBI MD, and other regulatory frameworks.
👥 Collaboration & Communication
- Liaise with compliance, legal, and risk management teams.
- Share insights and provide regulatory guidance as required.
- Present clear, actionable reports based on findings.
📚 Process Enhancement & Innovation
- Participate in streamlining AML/KYC processes.
- Suggest process improvements for better efficiency and compliance.
- Stay abreast with regulatory changes and evolving threats.
🎓 Required Qualifications
📘 Education:
- Bachelor’s Degree in Finance, Business Administration, Accounting, or related field.
🛠️ Experience:
- 3 to 8 years in KYC, AML, TM, or compliance roles within large banks or financial institutions.
📖 Technical & Functional Skills:
- End-to-end KYC experience including customer outreach.
- Hands-on with KYC for complex ownership structures and cross-jurisdictional entities.
- Familiarity with institutional onboarding and periodic/event-based reviews.
- Experience with AML screening tools and monitoring systems.
- Knowledge of relevant global & local AML/KYC regulations.
- Strong documentation, investigative, and risk assessment capabilities.
🗣️ Communication:
- Strong verbal and written communication skills.
- Ability to explain findings clearly and support compliance decisions.
🧾 Preferred Skills & Certifications
🎓 Certifications:
- Certified Anti-Money Laundering Specialist (CAMS) or equivalent.
🏛️ Industry Background:
- Experience in large-scale banking or multinational financial institutions.
- Familiarity with legal requirements for multiple jurisdictions.
🏥 Employee Benefits
💵 Competitive Salary
🩺 Comprehensive Health Insurance
🌴 Paid Time Off & National Holidays
📈 Professional Development Programs
🌐 Hybrid Work Environment
🌟 Inclusive Culture & Growth-Oriented Roles
📌 Key Highlights of the Role
🧠 Understand and apply local and international AML/KYC guidelines
🕵️ Review customer transactions to flag financial crime indicators
🧮 Analyze data using tools to detect anomalies or deviations from norms
📤 Escalate suspicious activity to compliance teams
📚 Contribute to audit-ready documentation and reporting
🧭 Enhance frameworks for early risk identification and compliance tracking
🛡️ Evaluate regulatory impact on existing protocols
🧠 Ideal Candidate Profile
✔️ Passionate about financial crime risk management
✔️ Strong grasp of international and Indian AML/KYC standards
✔️ Comfortable navigating regulatory documentation and global databases
✔️ Detail-oriented with a critical-thinking mindset
✔️ Capable of handling confidential data securely
✔️ Adaptive in a dynamic and compliance-driven work environment
✔️ Effective in both individual and collaborative work setups
✔️ Ready to take initiative and contribute to continuous process improvement
🧭 Why PwC India?
🌍 Global Presence: Offices in 149 countries with over 370,000 employees
🏢 Prestigious Clients: 86% of Global Fortune 500 companies served in FY24
📊 Financial Excellence: US$55.4 billion gross revenue as of June 2024
👨👩👧👦 Diverse Workforce: A strong and inclusive culture of solvers
💡 Tech-Enabled Careers: Work with cutting-edge tools and thought leaders
🧩 New Equation: A career framework built around ethics, tech, and human-led problem-solving
📅 Joining Requirements
⏱️ Notice Period: Immediate joiners or those with a 30-day notice preferred
📍 Location: Candidates must be open to working in a hybrid mode from Pune or Chennai
💻 Work Mode: Remote flexibility, with on-site responsibilities as needed
📣 Career Impact
At PwC India, your role as an Associate – AML/KYC is not just operational. You’ll be a watchdog against fraud and financial crime, contributing to national and international compliance ecosystems. This role strengthens your regulatory knowledge and helps position you as a trusted financial crime compliance expert on a global scale.
📈 Performance Metrics
- Turnaround time for client onboarding
- Quality of due diligence documentation
- Number and quality of suspicious activity escalations
- Accuracy in transaction analysis and alert handling
- Compliance with audit and review requirements
- Proactiveness in suggesting improvements
- Timeliness in regulatory reporting and SAR preparation
📲 How to Apply
If you believe your experience aligns with the responsibilities outlined above and you’re passionate about risk, compliance, and financial integrity, apply now on the official PwC India careers portal:
Or, explore opportunities and connect with the recruitment team via LinkedIn or professional networks.
📌 Final Notes
⚠️ Ensure your resume highlights your KYC/AML experience, especially around transaction monitoring and regulatory reporting.
✅ Tailor your cover letter to address PwC’s values: integrity, teamwork, and excellence.
📅 Prepare for an interview that may include case scenarios and regulatory compliance assessments.
🎯 Emphasize certifications like CAMS, prior experience with tools like Actimize or FircoSoft, and examples of escalated SARs.
📢 Be a Guardian of the Financial System. Join PwC India and shape your career with integrity, innovation, and impact.
