Enhanced Due Diligence Analyst

Role/ Job Title: Enhanced Due Diligence Analyst

Function/ Department: Risk Containment Unit

Job Purpose: Analyst plays a key role in ensuring early detection of potential mule/Suspicious accounts. By monitoring, reviewing and investigating financial transactions analyst helps mitigate risks related to money mule accounts, frauds, and other financial crimes

Roles & Responsibilities:

• Monitor and review accounts flagged by automated systems for unusual or suspicious activity. • Perform deep-dive analysis of flagged accounts, including reviewing transaction details, account history and customer information.

• Assess transaction patterns to identify deviations from normal customer behavior. • Provide detailed narratives and summaries of review to support decision making.

• Ability to identify trends, anomalies, and root causes of suspicious activities.

• Identify patterns and typologies indicative of financial crime.

• Calling customers to get the details understanding of transaction performed in their accounts prior decisioning on actionable.

• Establishing and maintaining clear communication with the branches for arranging the Customer enhance due diligence and site verification also gather additional information on flagged accounts.

• Participate in cross- departmental discussions to understand emerging risks and trends.

• Provide feedback on transactions monitoring tools and thresholds to improve detection accuracy

Education Qualification:

Graduation: Bachelors degree in any Stream

Experience: 2 to 3 years of experience in Fraud Risk/RCU/AML/Account Monitoring