Transaction Monitoring

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.
• 14 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.