Associate compliance II

Associate- Compliance & Control II- Transaction Monitoring

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Associate II to join our FCC investigations team. This role is located in Chennai/ TN and Pune/PUN - HYBRID.

In this role, you’ll make an impact in the following ways:

• Candidate is responsible for resolution of complex transactions, assess risk when business decisions are made by driving compliance with applicable laws, rules and regulations.
• Conduct quality checks on alerts generated by the AML transaction monitoring system to ensure accuracy and completeness of investigations.
• Ensure transactions are accurately checked and processed efficiently, in compliance with regulatory and internal operational instructions.
• Assist in the development and implementation of new AML transaction monitoring rules and scenarios to enhance detection capabilities.
• Provide training and guidance to analysts and support staff to ensure consistent and accurate execution of quality checks.
• Act as a subject matter expert on AML transaction monitoring queries, providing guidance and support as needed.
• Review and analyze customer transactions, account activity, and other relevant data to identify potentially suspicious activity.
• Maintain thorough documentation of quality check findings and provide regular reports to management.
• Stay updated on regulatory requirements and industry best practices related to AML transaction monitoring.
• Participate in training sessions and knowledge-sharing initiatives to enhance team capabilities.

To be successful in this role, we’re seeking the following:

• 5+ years of relevant experience in Transaction Monitoring and procedures on investment funds and other related areas.
• Ability to analyze and interpret information exercising sound judgement and attention to detail.
• Ability to multi-task, prioritize work and manage time for efficiency and to meet strict deadlines.
• Strong Analytical and problem solving skills.
• Possess strong oral and written communication skills.
• Possess Positive attitude with good analytical and problem solving skills.