Full-Time
Process Associate
Posted on 3/13/2025
Guidehouse
10,001+ employees
No salary listed
Junior
Company Does Not Provide H1B Sponsorship
Chennai, Tamil Nadu, India
- 1 to 2 years’ experience working with a financial institution/ global Bank in compliance, and regulatory functions.
- Performing complete Transaction Monitoring reviews & Risk assessment (including CDD, EDD reviews) of the client’s customer’s profile.
- Ability to detect and mitigate red flags for potential financial crime, including money laundering, terrorism financing activities and fraud, as it appears in transactional data.
- Good computer skills (Strong proficiency in Microsoft Excel and Word).
- Good English Comprehension skills and English communication skills - written and verbal.
- The ability to quickly learn new skills and subject matter.
- The ability to apply newly acquired skills using logic and reasoning to sets of transaction data.
- The ability to multi-task and effectively prioritize tasks.
- A highly motivated, driven, and dynamic attitude towards work and career.
- The ability to excel within a team environment and independently.
- Willingness to work in extended shifts, weekends/holidays and night shifts (work as per the project requirements to meet the project goals).
- Analyzing customer’s transactions for evidence of money laundering, fraud, or other illegal activities. Follow-up, review, and investigate ‘unusual activity’ and ‘Red flags’ and escalate to concerned team.
- Applying research and analytic techniques to digest complex information sets in order to make logical and adequately supported determinations regarding unusual and potentially suspicious activity.
- Daily review and analysis of surveillance items flagged as potentially suspicious transactions or exceptions.
- Assisting in drafting and filing of investigative reports.
- Perform due diligence file review and remediation programs for international private banks, corporates etc.
- Conducting an end-to-end and meticulous review of potential illegal or suspicious activity.
- Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries.
- Assessment of customer profiles and client data to identify whether activity is consistent with typical purchasing/payment activity, including Acceptable Use Policy adherence and Know Your Customer efforts; and
- Documenting findings in narrative style format, in the manual and automated process case management system and prepare updates to Project Managers / Team Leads as appropriate.
- Experience working in AML compliance functions would be preferred especially in Transaction Monitoring and Due Diligence space.
Company Size
10,001+
Company Stage
Acquired
Total Funding
$5.3B
Headquarters
Washington, District of Columbia
Founded
2018
Simplify's Take
What believers are saying
- AI-driven healthcare solutions could save $200-$360 billion in US healthcare costs.
- Guidehouse's new leadership in CE&I aims to build a more resilient future.
- RNG industry's $7.2 billion GDP contribution showcases growth potential in renewable energy.
What critics are saying
- Increased competition in digital health consulting may dilute Guidehouse's market share.
- Leadership changes could disrupt strategic direction in key segments.
- Rapid AI adoption may outpace Guidehouse's integration capabilities, risking client satisfaction.
What makes Guidehouse unique
- Guidehouse partners with HIMSS to enhance digital health transformation using maturity models.
- Stuart Brown's leadership in Digital business aims to drive innovation and transformation.
- Guidehouse's RNG collaboration highlights significant economic impact in renewable energy sectors.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Hybrid Work Options
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Profit Sharing
Employee Stock Purchase Plan
Relocation Assistance
Employee Referral Bonus
Student Loan Assistance
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Pet Insurance
Bereavement Leave
Professional Development Budget
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Wellness Program
Mental Health Support
Gym Membership
Commuter Benefits
Meal Benefits
Phone/Internet Stipend
Home Office Stipend
Legal Services
Employee Discounts
Company Social Events
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 3%2 year growth
↑ 19%Matt Seefeld, Chief Commercial Officer, MedEvolveMounting financial pressures for healthcare organizations mean sustainability hinges on reducing the cost to collect. Ongoing challenges associated with declining reimbursements, higher clinical and administrative costs and staffing shortages in the billing department leave providers without a lot of recourse for improving operational margin. Yet within the growing list of negative bottom-line issues, there is one area where healthcare leaders have some control to improve the outlook: increasing staff capacity by reducing the amount of touches it takes to get paid for services rendered.In an effort to streamline revenue cycle processes, many provider organizations are turning to the adoption of automation, analytics and AI to become more effective. A 2023 McKinsey analysis points to significant cost savings associated with these efforts to the tune of eliminating $200 billion to $360 billion of spending in US healthcare overall. In fact, healthcare executives named automation and AI as their highest investment priority for revenue cycle to speed payments and address staffing challenges in a 2024 Guidehouse survey.Like providers, the opportunity is not lost on health plans. Payers are rapidly adopting AI and automation to serve their bottom-line goals
Matt Seefeld, Chief Commercial Officer, MedEvolveMounting financial pressures for healthcare organizations mean sustainability hinges on reducing the cost to collect. Ongoing challenges associated with declining reimbursements, higher clinical and administrative costs and staffing shortages in the billing department leave providers without a lot of recourse for improving operational margin. Yet within the growing list of negative bottom-line issues, there is one area where healthcare leaders have some control to improve the outlook: increasing staff capacity by reducing the amount of touches it takes to get paid for services rendered.In an effort to streamline revenue cycle processes, many provider organizations are turning to the adoption of automation, analytics and AI to become more effective. A 2023 McKinsey analysis points to significant cost savings associated with these efforts to the tune of eliminating $200 billion to $360 billion of spending in US healthcare overall. In fact, healthcare executives named automation and AI as their highest investment priority for revenue cycle to speed payments and address staffing challenges in a 2024 Guidehouse survey.Like providers, the opportunity is not lost on health plans. Payers are rapidly adopting AI and automation to serve their bottom-line goals
As a new member of the HIMSS Digital Health Consulting Partner program, Guidehouse will employ several of HIMSS's key maturity models including:
Initiative will help healthcare organizations improve their digital maturity and enhance care deliveryMCLEAN, Va., Feb. 10, 2025 /PRNewswire/ -- Guidehouse, a global consultancy providing advisory, digital, and managed services to the commercial and public sectors, has teamed up with the Healthcare Information and Management Systems Society (HIMSS), a trusted global authority on healthcare innovation, to advance digital health transformation. As a new member of the HIMSS Digital Health Consulting Partner (DHCP) program, Guidehouse will use HIMSS digital maturity models to assess healthcare organizations' technology capabilities, implement tailored strategies and solutions, and work with organizations to help them reach a more advanced state of digital health adoption.HIMSS digital maturity models have been used for more than a decade in over 7,000 healthcare facilities across the U.S. As a part of this initiative, Guidehouse will use three HIMSS models:HIMSS Analytics Maturity Assessment Model (AMAM): This model, with a newly added AI governance and deployment component, supports advanced analytics literacy, robust data governance, and transparency in patient data management, while enabling organizations to scale AI-driven insights for population health improvements.This model, with a newly added AI governance and deployment component, supports advanced analytics literacy, robust data governance, and transparency in patient data management, while enabling organizations to scale AI-driven insights for population health improvements. HIMSS Community Care Outcomes Maturity Model (C-COMM): Designed for non-acute care organizations, this model emphasizes strategic access to care by focusing on improving health outcomes for specific population segments through proactive interventions and prevention strategies. Focused on value-based care, the C-COMM model fosters innovation and supports comprehensive digital health transformation in community-based care settings, ensuring more efficient, patient-centered delivery.Designed for non-acute care organizations, this model emphasizes strategic access to care by focusing on improving health outcomes for specific population segments through proactive interventions and prevention strategies
Formerly the Energy, Sustainability & Infrastructure segment, new leadership and renamed business unit underscores firm's commitment to community impact and innovationMCLEAN, Va., Feb. 3, 2025 /PRNewswire/ -- Guidehouse, a global consultancy providing advisory, digital, and managed services to the commercial and public sectors, has announced new leadership appointments within its renamed Communities, Energy & Infrastructure (CE&I) segment, previously known as Energy, Sustainability & Infrastructure (ES&I).Michelle Fay, a seasoned partner with over 25 years of experience leading transformative energy initiatives, will now serve as the Global Energy Providers practice Leader. Dan Hahn, formerly head of the Global Energy Providers practice, will be joining Guidehouse's Chief Growth Office as the CE&I Segment Growth Leader."Michelle and Dan have been instrumental in delivering innovative, forward-thinking solutions for our clients," said Chris O'Brien, CE&I Segment Leader. "We are thrilled to have Michelle's deep expertise in transformative energy programs and Dan's strategic vision for growth position us to better address the evolving challenges our clients face as we help them build a more resilient future.""This marks an exciting chapter for Guidehouse, and I am thrilled to welcome Dan to this pivotal role leading growth in these vital industries," added Ed Meehan, Chief Growth Officer at Guidehouse. "With Dan's proven leadership and passion for driving impact, we are poised to deliver even greater value to our clients. Together, we'll support our clients in achieving meaningful outcomes where it matters most."Guidehouse's CE&I segment serves energy providers, large enterprises, and federal, state, and local governments