Compliance Analysts Screening

Job Title- IND Analyst I

Solution Line- AON Shared Services

Position type- Full Time

Work Location- Gurgaon

Working style- Hybrid

Sub ARL – 8.1

Cab Facility- Yes

Shift Time – 12 PM to 9 PM

People Manager role: No

Required Education And Certifications Critical For The Role-

Graduate in any stream

Required Years Of Experience –

0-1 years prior experience in Financial Crime Compliance including key processes such as Anti Money Laundering, Anti-Bribery Anti-Corruption (ABAC), Client Due Diligence and Third Party Due Diligence Processes along with familiarity with the US OFAC and other international sanctions laws is essential.

AON IS IN THE BUSINESS OF BETTER DECISIONS

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.

Information About The Business

At Aon, we partner with our clients to help shape business decisions for the better.

We are not tied to a traditional way of doing things. That is why we can best prepare organizations to manage the challenges of the volatile world in which we now live. We give our clients the clarity and confidence to make better decisions that protect and grow their businesses.

General Description Of Role

To support our goals as an industry leader, we are seeking a compliance analyst to join our dynamic Legal & Compliance team at our Gurgaon office. The position will report to the Manager - Compliance, India.

The Financial Crime Compliance Analyst will play a critical role in ensuring compliance with our organizations Financial Crime Policies which includes anti money laundering, trade restrictions and anti-bribery and anti-corruption policies. This position involves reviewing sanctions screening, client expenditure and gifts acceptance requests and performing client and third party due diligence to mitigate risks associated with Financial Crime Compliance. The ideal candidate will possess strong analytical skills, attention to detail, and a comprehensive understanding of Financial Crime Compliance including Sanctions, AML and ABAC regulations

Job Responsibilities

Financial Crime Compliance / Anti-Bribery Anti-Corruption

• Perform comprehensive due diligence on new and existing clients, vendors and third-party entities in accordance with AML, ABAC, and sanctions policies.
• Screen individuals and entities against global sanction lists issued by OFAC, EU, UN and other international and government agencies along with Adverse Media checks
• Reviewing of individuals and business entities hit by high-risk scenarios and adverse media news
• Identify potential sanctions screening matches, review to identify false positives or potential true matches
• Carry out complex research/investigations in order to confirm whether the potential matches to global sanctions lists are actual matches according to laid down guidelines
• Release or escalate potential matches accordingly as stipulated in the working instruction to originating business unit and relevant compliance department
• Analyze alerts to identify close match/exact match hits based on name/country/address combination
• Assess client expenditure requests to ensure they align with company policies and applicable legal requirements related to anti-bribery and anti-corruption
• Evaluate the legitimacy and appropriateness of expenses, taking into consideration the context and purpose of the expenditure.
• Analyze gifts acceptance requests to determine compliance with ABAC policies, ensuring that all gifts and business courtesies are appropriate, reasonable, and transparently documented
• Maintain a database of accepted and declined gifts, tracking details such as value, purpose, and recipient
• Conduct risk assessments on client relationships and specific expenditure requests to identify potential red flags related to bribery and corruption.
• Collaborate with the legal and compliance teams to escalate high-risk cases and develop appropriate mitigation strategies
• Maintain accurate records of all expenditure reviews and gifts acceptance, ensuring documentation is complete and readily available for audits and regulatory examinations.
• Prepare regular reports for management summarizing findings, trends, and recommendations related to client expenditure and gifts.
• Basic knowledge of regulatory practices in AML, Anti-Corruption, Anti Bribery, sanctions, adverse media and local laws
  
  

Skills‐

• Strong understanding of financial crime compliance which includes anti money laundering, trade restrictions and anti-bribery and anti-corruption regulations and compliance requirements.
• Excellent analytical and critical thinking skills, with the ability to assess complex situations and make informed decisions.
• Effective communication and interpersonal skills, capable of collaborating with various stakeholders
• Has Microsoft Office skills: Intermediate to Advanced Word, basic PowerPoint and Excel
• Has good writing and proof-reading skills, including the rules of grammar, spelling, and punctuation.
• Be sensitive to client deadlines - Effortlessly manage deadlines and competing priorities without delay or compromising on quality.
• Adhere to training plans and manuals, process maps and SOPs.
• Have good judgment skills pertaining to escalation and raising issues internally and with clients
• Be able to handle sensitive information and support senior level managers or leaders
• Strive to develop self and fellow colleagues’ knowledge and skills
• Have strong interpersonal skills
• Be dependable with strong work ethic
• Encourages teamwork, maintain positive attitude contributing to team morale
• Good technical skills proficiency with Microsoft Word, Excel, and Outlook, and Adobe PDF and online research tools
• Fluent English language skills essential, further language(s) beneficial.
• Good written and verbal communication skills
  
  

How We Support Our Colleagues

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!

Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.

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