Senior Associate – AML/CFT & Sanctions Compliance

Baker Tilly International; Bengaluru; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Baker Tilly is seeking a Senior Associate to perform AML/CFT and sanctions independent testing engagements for banking and financial services clients in India. You will conduct risk assessments, control testing, gap analyses, and support regulatory responses with remediation validation.

You will validate AML transaction monitoring systems, sanctions screening models, and customer risk rating models, document findings, and contribute to ongoing AML operations, QA reviews, and client

Qualifications

• Experience performing AML/CFT independent testing for banks or FS clients.
• Ability to perform risk assessments, control testing and gap analysis.
• Familiarity with regulatory guidance (e.g., BSA/AML, OFAC, FATF).

Responsibilities

• Execute AML/CFT and sanctions testing engagements for banking/FS clients with risk assessments, control testing and gap analysis.
• Develop testing plans, perform fieldwork, document findings and support regulatory responses.
• Validate AML transaction monitoring, sanctions screening and customer risk rating models.
• Prepare validation reports aligned with regulatory guidance and support ongoing AML operations.
• Collaborate with onshore teams, participate in client meetings and ensure quality service.

Skills

AML/CFT testing

Regulatory testing

Risk assessment

Sanctions compliance

Job description

## Senior Associate – AML/CFT & Sanctions ComplianceApplylocations: IND KA Bangalore - Cherry Hills: IND HR Gurugramtime type: Full timeposted on: Posted Todayjob requisition id: JR107170# **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.*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.**To be added to all ET through Experienced requisitions Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly's Talent Attraction team, to submit candidates for review via our applicant tracking system.*# **Job Description:****Responsibilities:*** 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.### About Baker TillyBaker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members 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. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram.Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.*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.**Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly's Talent Attraction team, to submit candidates for review via our applicant tracking system.**If you have a special request or need that requires accommodations to fully participate in interviewing or onboarding, please submit your request using the “Contact Us” feature on our* Careers page*. A member of our People Solutions team will follow up with you to discuss your specific needs.*