Business Analyst

Perform risk-based investigations on complex TM alerts and cases, identifying activity that could be indicative of money laundering, terrorist financing, and tax evasion in Correspondent Banking and PSP flows, following Global Standard TM Investigation Process and Procedures
Analyze customer and transaction information to assess whether the alerted activity is or is not normal in the context of what is known about the customer and who they are transacting with, conducting additional background research as appropriate. Understand underlying ultimate originators and beneficiaries, their business/profile, geographies, and business sense of the transactions and relationships
Within the procedural framework, use your own judgment based on your knowledge and experience to make risk-based decisions as to what is or is not normal and therefore whether to refer the alert or case for further investigation and reporting to authorities.
Document your investigations thoroughly by recording the details of the alert, the data you have considered, the basis of your conclusion, and any evidence you have gathered that supports your conclusion
Maintain your primary focus on the quality and effectiveness of the investigation, whilst also ensuring that your work is completed in a timely fashion.
Consult and collaborate with colleagues to develop your own investigations and to help others with theirs, adopting and sharing best practices, techniques, and knowledge over time, with a focus on driving continuous improvement in both your own investigations and that of the broader team
Strive to learn and help your colleagues to learn continuously, taking and giving feedback constructively, participating actively in team continuous learning and development initiatives and training

Qualifications we seek in you
Minimum qualifications
University graduate in any field
Have a good understanding of regulations and industry-leading practices in conducting TM investigations
Good knowledge of how to identify, analyse and understand money laundering, terrorist financing, and tax evasion red flags and typologies on Correspondent Banking and PSPs

Preferred Qualifications/Skills
Relevant work experience with experience in Correspondent Banking/PSP TM investigations, dealing with major Financial Institutions, PSP, and other payments providers, etc., preferably in reputable financial services organizations
Developed understanding of how money laundering, terrorist financing, and tax evasion are executed, why, the differences between them, and their impacts especially in the context of Correspondent Banking and PSPs
Developed skills in conducting effective TM investigations, including in data and transaction analysis, research, and documentation
Clear understanding of the global financial system and banking as well as the regulatory environment and the impacts of non-compliance
Fluent in English, reading, and writing
Intermediate and above in French, German, Spanish and Dutch would be advantageous
Knowledge of SWIFT messages system
Knowledge of Correspondent Banking PSP products, transaction types/flows, and financial crime risks
Professional certification for Correspondent Banking (CAMS, CFE, ICA, or equivalent) is a plus