AML and KYC Specialist

Skills:

• EDD
• CDD
• Transaction Monitoring
• SAR

Inviting applications for the role of TM/EDD.

The Transaction Monitoring/ Sanction Screening Analyst is responsible for conducting end to end Transaction Monitoring/ODD/Sanction Screening for different entities, all levels. You will work extensively with functional leaders in Financial Crime Risk Service line and support functions to maintain production and quality of the highest standard.

Analyst will be responsible for reviewing customer transaction history, performing a reasonable investigation into the reported activity, performing enhance due diligence, sanction watchlist screening. Successful candidates will need 2 - 4 years prior experience in AML Transaction Monitoring/Sanction Watchlist Screening/ Enhance Due Diligence investigation and demonstrates key skills including: logical thinking, problem solving, analysing transaction details including customer spending patterns/behaviour and an investigative mindset. Analyst is also responsible for maintaining documentation for each inquiry and compliant with all governing regulations and institutional policies and procedures.

Responsibilities

• Conduct financial crimes risk management investigations, all levels, as well as fill out and file SAR forms.
• Interpret evidence from internal and external tools and systems to determine the legitimacy of customer behaviour across multiple products.
• Review data from systems and following client procedures to investigate, decide, and document transaction monitoring alerts.
• Assist in the development and administering training initiatives.
• Acts as a Subject Matter Expert (SME) to all BSA/AML related processes including, but not limited to, 314(a), 314(b), and Suspicious Activity Reports (SAR).
• Perform required tasks per regulations, business policy and procedures as per SOP.
• Demonstrated ability to conduct research, work independently and make complex investigations decisions with little or no guidance within the ambit of workflow/procedure.

Qualifications
Minimum qualifications

• Candidate should have at least 2 - 6 years experience performing experience processing transaction monitoring/Sanction Screening/EDD workflows within FCRM.
• Keen attention to detail & risk identification
• Good communication both written and verbal English skills
• End to end understanding of Transaction Monitoring/KYC/Screening/fraud operations from documentary and non-documentary verification and as per relevant policy, nature of business, source of wealth/funds, and customer screening against a watchlist of sanctions, PEP, and adverse media.
• Ability to independently research, analyze, and recommend solutions to close open items and discrepancies with the client.
• Reviewing transactions to establish utilization and source of the fund as per expected activities.
• Outstanding analytical and investigative skills combined with the ability to navigate through ambiguity in a fast-paced, multifaceted environment.
• Ability to operate in the grey space and learn from experience and identified trends.
• Ability to articulate research findings to document that a reasonable investigation has been conducted.
• Adaptability to learn new processes, concepts and skills and an eye for detail.
• Strong interpersonal skills, with the ability to communicate complex transactional issues correctly and clearly to both internal and external customers.
• Self-disciplined, diligent, proactive and detail oriented
• Ability to maintain high levels of confidentiality and data security standards.
• Experience with Microsoft Office, including Outlook, Word, and Excel
• Demonstrate flexibility to work under 24*7 working environment, Preferably US Business Hours

Attributes

• Demonstrates sound decision making.
• Ability to work in a dynamic, fast paced environment.
• Curious & inquisitive personality
• Strong attention to detail
• Good Communication Skills - both written and verbal (English)
• Must be able to manage multiple tasks.
• Ability to work independently and in a group setting.
• Adaptable to change.

Educational Experience

• Graduate or Equivalent, bachelors degree
• CAMS preferred.