Senior Associate - Investigations and Fact Finding

About the Role

Join PwC India's Advisory line of service in their Fraud, Investigations and Regulatory Enforcement (FIRE) division, focused on Operations within the Financial Services cross-sector. This role as a Senior Associate involves supporting clients in identifying vulnerabilities by investigating fraud, regulatory breaches, and other irregularities to design effective risk management solutions.

Key Responsibilities

• Investigate corporate irregularities, whistleblower claims, asset misappropriation, regulatory violations, intellectual property infringements, and financial reporting fraud.
• Conduct thorough Institutional KYC processes, including end-to-end KYC for private and listed clients.
• Screen and analyze financial institutions, including banks, FIs, NBFCs, and SPVs, adding necessary supplementary documentation.
• Identify and assess high-risk products and perform analysis of Ultimate Beneficial Owners (UBO) and Interested Beneficial Owners (IBO).
• Execute sanctions screening and politically exposed persons (PEP) screening protocols.
• Engage in client outreach to facilitate investigations and compliance efforts.
• Understand various roles such as Account Signatories, Account Providers, and Money Laundering Reporting Officers.
• Classify customers' risk levels by evaluating risk pillars and additional/per se risk factors during review cycles.
• Apply PEP due diligence beyond basic screening, including RCA PEP analysis.
• Manage screening hit disposition and mitigation procedures.

Required Experience and Skills

• Minimum of three years experience in Institutional KYC processes.
• Practical knowledge of dealing with entities like financial institutions, NBFCs, and SPVs.
• Expertise in handling additional documentation for screening financial entities.
• Competence in sanctions and PEP screening methodologies.
• Strong understanding of client risk classification and due diligence mechanisms.

Additional Information

The position is fully onsite in Bengaluru, Karnataka, India, and is a full-time role within PwC India. No explicit salary details, number of openings, or other benefits have been disclosed for this position.