CR
Job Description
Key Responsibilities:
- Monitor and analyze customer transactions in real-time or post-transaction systems to detect potentially suspicious activity.
- Review system-generated alerts and escalate suspicious cases for further investigation.
- Identify patterns of money laundering, fraud, terrorist financing, and other financial crimes.
- Document investigation findings clearly and submit Suspicious Activity Reports (SARs) when required.
- Maintain accurate and complete records of all actions taken on each alert.
- Work closely with compliance, legal, and fraud prevention teams.
- Stay updated on AML regulations, industry trends, and evolving risks.
- Support internal audits and regulatory reviews by providing data and reports.
- Contribute to refining transaction monitoring rules and thresholds to improve efficiency.
Qualifications:
- Bachelor's degree in Finance, Accounting, Law, Business Administration, or related field.
- 1–4 years of experience in transaction monitoring, AML, fraud detection, or compliance.
- Certification in AML (e.g., CAMS, ICA) is a plus.
- Experience using transaction monitoring tools (e.g., Actimize, SAS, Oracle, FICO, ACI) preferred.
Skills and Competencies:
- Strong analytical and investigative skills.
- High attention to detail and accuracy.
- Ability to interpret financial data and understand complex transaction flows.
- Knowledge of AML laws (e.g., BSA, FATF, OFAC sanctions, etc.).
- Excellent written communication for documentation and report writing.
- Integrity, discretion, and sound judgment when dealing with sensitive information.