Consumer Transaction Monitoring Investigator

The responsibilities of the Analyst will include, but are not limited to:

• Performing AML alert/case reviews, seeking to mitigate risks associated to financial crimes and suspicious activity.

• Applying research and analytic techniques to digest complex information sets in order to make logical and adequately supported determinations in regard to unusual and potentially suspicious activity.

• Applying consistent and well-documented analysis consistent with industry standards to ensure success in the following daily efforts of Transaction Monitoring: 

  • Conducting an end-to-end and meticulous review of potential illegal or suspicious activity; 

  • Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries; 

  • Assessment of customer profiles and client data to identify whether activity is consistent with typical purchasing/payment activity, including Acceptable Use Policy adherence and Know Your Customer efforts;

  • Documenting findings in narrative style format, in the manual and automated process case management system and prepare updates to Project Managers / Team Leads as appropriate; and

  • Make determinations for potential Suspicious Activity Report (SAR) filings.

What You Will Need:

• 5 days in office requirement.

• Bachelor degree and minimum 0 or more years of relevant experience in Transaction Monitoring. However, relevant experience may be substituted for formal education or advanced degree.

• Knowledge of applicable laws, regulations, and guidelines (e.g., BSA, OFAC, FinCEN guidance).

• Experience working with manual and system generated alerts/cases for the detection of potentially suspicious activity.

• Ability to assess risks and identify deviations.

• Knowledge of reporting requirements as it relates to suspicious activity reports and transaction activity.

• Ability to detect and mitigate red flags for potential financial crime, including money laundering, terrorism financing activities and fraud, as it appears in transactional data.

• Solid Excel Skills.

What Would Be Nice To Have:

• 2+ years of experience assessing and reviewing system generated and manual AML alerts and/or escalations/SAR write-ups for potentially suspicious activity.

• CAMS or ICA certification. 

• Experience with OSINT (Open Source Intelligence) Techniques.

• End to end understanding of Transaction Monitoring/ KYC/ Screening/ Fraud Operations/Jurisdiction specific SAR filing/Narrative from documentary and non-documentary verification and as per relevant policy, nature of business, source of wealth/funds, and customer screening against the watchlist of Sanctions, PEP, and adverse media.

• Ability to conduct detailed investigations using vendors and open sources to remediate compliance alerts and to independently research, analyze, and recommend solutions to close open items and discrepancies.

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