Senior Associate – AML/CFT & Sanctions Compliance

Baker Tilly US; Bengaluru; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Baker Tilly US is seeking an AML/CTF Independent Testing professional in Bengaluru to lead end-to-end validation engagements for banking and financial services clients. You will develop testing plans, perform risk assessments, document findings, and support remediation with actionable recommendations.

The role requires strong knowledge of BSA/AML, sanctions screening, KYC/CDD processes, and model validation, with excellent report writing and stakeholder communication skills.

Qualifications

• Experience executing AML/CFT testing across banking and financial services.
• Ability to develop testing plans and document findings clearly.
• Knowledge of regulatory expectations (BSA/AML, FATF, OFAC).
• Experience with client-facing engagements and remediation validation.

Responsibilities

• Execute AML/CFT independent testing engagements across banking and financial services clients.
• Develop testing plans and document findings with actionable recommendations.
• Conduct end-to-end validations of AML monitoring and sanctions models.
• Prepare validation reports aligned with regulatory guidance.
• Support ongoing AML operations and client deliverables.

Skills

AML testing

Risk assessment

Regulatory compliance

SLA adherence

Client collaboration

Job description

Overview

BTVK Advisory is a leading advisory firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. BTVK Advisory, and its affiliated entities, have operations in North America, South America, Europe, Asia, and Australia. BTVK Advisory's ultimate parent entity, Baker Tilly US, LLP, is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion.

Overview

BTVK Advisory is a leading advisory firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. BTVK Advisory, and its affiliated entities, have operations in North America, South America, Europe, Asia, and Australia. BTVK Advisory's ultimate parent entity, Baker Tilly US, LLP, is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion.

Responsibilities

Job Description

• Execute AML/CFT and sanctions independent testing engagements across banking and financial services clients, including performing risk assessments, control testing, and gap analysis against regulatory expectations (e.g., BSA/AML, FATF, OFAC, FCA, MAS).
• Develop testing plans, execute fieldwork, document findings with clear, actionable recommendations, and support audit and regulatory responses, including remediation validation.
• Conduct end-to-end validations of AML transaction monitoring systems, sanctions screening models, and customer risk rating models.
• Assess model design, segmentation, thresholds, scenarios, data inputs/outputs, perform conceptual soundness reviews, outcomes analysis, and benchmarking exercises.
• Prepare detailed validation reports aligned with regulatory guidance (e.g., SR 11-7, model risk management principles).
• Support ongoing AML operations including transaction monitoring, sanctions screening, KYC/CDD reviews, alert/case investigations, SAR drafting support, and quality assurance reviews.
• Drive continuous improvement initiatives within managed service delivery models while ensuring adherence to client SLAs, quality standards, and regulatory requirements.
• Collaborate closely with onshore teams and client stakeholders to deliver high-quality outcomes and participate in client meetings, status reporting, and issue resolution.
• Contribute to thought leadership, methodology development, and internal training initiatives.
• Ensure high-quality execution and delivery across AML Independent Testing, AML Model Validation, and AML Managed Services engagements in accordance with regulatory expectations and client requirements.

Qualifications

• Execute AML/CFT and sanctions independent testing engagements across banking and financial services clients, including performing risk assessments, control testing, and gap analysis against regulatory expectations (e.g., BSA/AML, FATF, OFAC, FCA, MAS).
• Develop testing plans, execute fieldwork, document findings with clear, actionable recommendations, and support audit and regulatory responses, including remediation validation.
• Conduct end-to-end validations of AML transaction monitoring systems, sanctions screening models, and customer risk rating models.
• Assess model design, segmentation, thresholds, scenarios, data inputs/outputs, perform conceptual soundness reviews, outcomes analysis, and benchmarking exercises.
• Prepare detailed validation reports aligned with regulatory guidance (e.g., SR 11-7, model risk management principles).
• Support ongoing AML operations including transaction monitoring, sanctions screening, KYC/CDD reviews, alert/case investigations, SAR drafting support, and quality assurance reviews.
• Drive continuous improvement initiatives within managed service delivery models while ensuring adherence to client SLAs, quality standards, and regulatory requirements.
• Collaborate closely with onshore teams and client stakeholders to deliver high-quality outcomes and participate in client meetings, status reporting, and issue resolution.
• Contribute to thought leadership, methodology development, and internal training initiatives.
• Ensure high-quality execution and delivery across AML Independent Testing, AML Model Validation, and AML Managed Services engagements in accordance with regulatory expectations and client requirements.

Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.