Senior Associate - Transaction Monitoring

Job Description - Grade Specific

Your Role

• Review deposits, withdrawals, transfers, and trading activity to identify money laundering, terrorist financing, and market abuse red flags, via alerts generated by the transaction monitoring system
• In addition, assess if there is anything else unusual about a transaction, particularly based on experience of previous transactions
• Assess the relevance of the geographies of the remitter and beneficiaries of the transaction where there are grounds for suspicion or a requirement for guidance in relation to an alert
• Profiling of customers highlighted through the transaction monitoring alert process
• Ensure accurate, complete, and up-to-date internal documentation to provide evidence of decisions and reasoning based on the facts and the potential ML/FT risk identified.
• Communicate with relevant business line and other functional units
• Effectively investigate, document, and identify suspicious activity and use judgment for to determine if case needs to be escalated to L2 for further investigation and subsequent submission of a SAR/STR
• Produce accurate and quality work (90-95%) under tight deadlines and minimal supervision 

Your Profile

• University graduate
• CAMS certification or any industry recognized AML certification will be a plus
• Fluent in English (spoken and written)
• Minimum 3-6 years related banking, compliance, audit experience with a minimum of 2-5 years specific experience relating to transaction monitoring and alert dispositions according to specific banking policies and relevant AML legislations across NA, EU & APAC jurisdictions
• Maintain a working knowledge of anti-money laundering related requirements including BSA, USA Patriot Act, OFAC, SEC, FINRA, and other applicable US, UK EMEA regulations
• Actively engage in the identification of potential process shortcomings or required enhancements
• Technical & Behavioral Competencies
• Proficient in Microsoft Word, Excel, Outlook and PowerPoint 
• Ability to work in a high-pressure environment with strict tight deadlines
• Strong research and analytical skills
• Well-developed interpersonal, problem-solving, and influencing skills 
• Exhibit high willingness to collaborate with all levels of the organization
• Familiarity with platforms & tools like Factiva, Dow Jones Risk, Pega, Fenergo, Actimize, World Check, Lexis Nexis and RDC