AML-Transaction Monitoring

AML-Transaction Monitoring Jobs Karnataka

About the Role:

This position will be responsible for the delivery of projects related to Onboarding and Periodic Review with focus on Transaction Analysis.

Responsibilities:

• Review of the customers profile on records and refreshing / updating the same. The profile would include i) registration details, ii) nature of business and iii) ownership structure
• Performing public domain searches (Google searches) for adverse news on the customer and associated parties
• Analysing the transactions done by the customer to assess if they match its business profile & activity.
• Coordinating with the clients CDD and FIU team to report any non-regular or suspicious activity
• Coordinating with the clients CDD and FIU team to raise RFIs, where required
• Preparing a detailed summary report of the transactions analyzed
• Perform L1 or L2 function is applicable
• Performing standard KYC checks
• Perform Sanctions, Watch List, PEP and Adverse New Screening
• Prepare alert summaries on the basis of the available, collated and researched information.
• Perform transaction analysis
• Prepare summary report for transaction analysis
• Conduct quality reviews (Peer QA and QC)
• Prepare MIS reports and documentation related to the tasks
• Interact with the customer and discuss the outputs

Qualifications:

4 to 8 years’ experience with Global Financial Institutions, with strong hands-on experience in transaction monitoring, preference to be given if candidate has experience in correspondent banking transaction monitoring

Required Skills:

• Strong domain knowledge
• Excellent research skills
• Strong judgement skills
• Strong Analytical skills to spot trends and patterns
• Excellent communication skills (verbal and written)
• Strong Reporting skills (MIS for operational statistics)
• Proven record in client interactions

Preferred Skills:

• ACAMS
• ACFCS
• ICA