Aml Analyst - Transaction monitoring

******NOTE- Only Transaction Monitoring Experience********

Must Haves:

Minimum Experience of 1 Year in Transaction Monitoring is a Must.

Good Communication is a Must.

Graduation is a Mandatory.

Roles and Responsibilities:

• Review the alerts generated by TM systems and ensure the anomalous activities are escalated appropriately in accordance with regulatory requirements where appropriate.
• Pro-actively gather intelligence from media reports and appropriate websites to identify customers involved in crime/ML/terrorism etc. Build on their knowledge of latest Anti Money laundering trends
• Using the systems available to review the authenticity of the transaction within each alert i.e. check the principal activities of the customer to ensuring trading patterns or transactional activities are not unusual
• If found unusual, eg. Transaction is out of line with the clients normal business activity to date, to enquire into the same.
• Document rationale for actions taken when investigating alerts.
• Adhere to the process requirements in accordance with established procedures and set standards
• Complete assigned tasks independently in the established timeframe as per the process benchmarks
• Achieve the levels of productivity and quality as per the standards, agreed for the process
• By adhering to all relevant processes/procedures and by liaising with Compliance department through Line management about new business initiatives at the earliest opportunity
• Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations to the Line Manager.

Process Overview:

Transaction monitoring of assigned profiles to assess potential suspicious activity on the account, Such as money laundering. Adhere to and comply with all applicable ,federal and state laws, regulations and guidance, including those related to Anti Money laundering (Bank secrecy Act, USA PATRIOT Act etc.) as well as adhering to company policies and procedure and client requirement. Review and analyze underlying data gathered opposite AML, TF, Human trafficking, and other red flags to assess whether the alert should be recommended for escalation or to be close with no further action. Strong research and cure meaningful insights from data output and external searches to support the decision.

Rounds of Interviews:

HR Round

Assessment Test

Operations Round

Mode of interview: Direct Walk-In (Come with Government ID PROOF)

Contact Person: HR Keerthana

Mention Keerthana at top of your resume for reference