Senior Consultant – AML Business Analyst (OFSAA FCCM ECM)

About Cognizant Consulting

Cognizant Consulting is more than Cognizant’s consulting practice—we’re a global community of 6,000+ experts dedicated to helping clients reimagine their business. Blending deep industry expertise with technology‑led advisory capabilities, we deliver innovative solutions for Fortune 500 clients. And now, we’re looking for our next colleague who’ll help shape the future of financial crime transformation. Could it be you?

About the Role

As a Senior Consultant – AML Business Analyst (OFSAA FCCM ECM), you will make an impact by designing and delivering enterprise-scale Financial Crime Case Management (FCCM) solutions within the Oracle OFSAA platform.

You will lead solution design, workflow configuration, and data integration across AML, Fraud, and Surveillance programs, ensuring compliance with regulatory requirements while improving operational efficiency and case management effectiveness.

This role combines hands-on FCCM implementation expertise with consulting leadership, requiring strong domain knowledge, stakeholder management, and delivery execution capabilities.

In this Role, You Will

OFSAA FCCM ECM Development & Configuration

• Design and implement ECM workflows using Process Modeling Framework (PMF).
• Configure case lifecycle management, alert handling, escalation, and disposition logic.
• Develop custom workflows for SAR/STR filings and regulatory reporting.
• Customize event and case management modules (ECM, CRR).

Data Model & Integration

• Customize and extend FSDF / FSDM data models.
• Perform source-to-target mapping, transformation, and data quality validation.
• Develop and support ETL pipelines using ODI/DIH or similar tools.
• Enable data integration across alerts, cases, customer, account, and transaction layers.

Workflow & Business Logic Enablement

• Configure multi-level approval workflows, investigation flows, and escalation mechanisms.
• Define role-based access controls and security matrices.
• Optimize alert thresholds, prioritization logic, and case routing frameworks.
• Enable case enrichment and narrative workflows for investigators.

Solution Delivery & Lifecycle Management

• Lead or contribute to end-to-end FCCM implementations (new, upgrade, or migration).
• Support Agile delivery across design, build, test, and deployment phases.
• Manage releases, rollout activities, and data migration efforts.
• Ensure alignment with AML regulatory frameworks such as BSA, FATCA, and global compliance standards.

Testing, Validation & Governance

• Support SIT/UAT, workflow validation, and data reconciliation activities.
• Ensure data lineage, traceability, and governance compliance.
• Maintain high standards of data quality and operational accuracy.

Stakeholder Engagement & Leadership

• Engage with AML operations teams, compliance SMEs, technology teams, and product vendors.
• Translate business requirements into technical workflow configurations and solutions.
• Provide effort estimation, solution design guidance, and client advisory support.

Work Model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring at least four (4) days per week in a client office, located in New York City, Teaneck NJ, or Charlotte, NC. Regardless of your working arrangement, we support a healthy work‑life balance through our wellbeing programs.

What You Must Have to Be Considered

• 5–8 years of experience in AML / Financial Crime domain with strong FCCM exposure.
• Hands-on expertise in Oracle OFSAA FCCM (ECM, Event Management, CRR).
• Strong experience with PMF workflow design and configuration.
• Deep understanding of FSDF / FSDM data models and data integration frameworks.
• Proficiency in SQL / PL-SQL and ETL tools (ODI or equivalent).
• Experience implementing case management lifecycle and alert disposition processes.
• Strong understanding of AML regulatory frameworks (BSA, FATCA, global AML standards).
• Excellent communication and stakeholder management skills.

These Will Help You Succeed

• Experience supporting FCCM vendor transitions or platform modernization programs.
• Certifications such as CAMS, CAMI, SAFe PO/PM, CSM, or CSPO.
• Exposure to OFSAA upgrades (8.0.x to 8.1.x) and data migration initiatives.
• Experience working in regulated industries (banking, financial services).
• Familiarity with cloud or hybrid OFSAA deployments.

We’re excited to meet professionals who bring deep AML domain expertise and can drive transformation across financial crime platforms. Don’t hesitate to apply—even if you meet most, but not all, of the requirements.

Compensation (Pay Transparency)

• Base salary range : $86500 – $101500 annually, depending on experience, skills, and location.

Benefits

Cognizant offers a comprehensive benefits package designed to support your wellbeing and professional growth, including:

• Medical, dental, vision, and life insurance
• 401(k) plan with company contributions
• Employee stock purchase plan
• Employee assistance program
• 15 Paid holidays plus PTO
• Paid parental leave and family‑support programs
• Learning and development programs, certifications, and career growth opportunities