Hiring for Transaction Monitoring Analyst – Remote
We have multiple openings for Transaction Monitoring roles in a Global Banking Process. If you have experience in Correspondent Banking and are available immediately or currently serving your notice period, we encourage you to apply.
Responsibilities:
- Monitor transactions for Individuals, Corporates, MSBs, FIs, and Government Entities to detect potential money laundering activities.
- Review alerts, analyze transaction patterns, and conduct in-depth investigations for high-risk accounts.
- Raise Requests for Information (RFI) to banks for additional details and escalate red flags or suspicious activities to Level 2 for Suspicious Activity Report (SAR) filing.
- Detect and assess suspicious financial transactions, including rapid fund movements, large-dollar transactions, politically exposed persons (PEPs), and transfers to/from high-risk locations.
- Conduct negative news screening on customers and their affiliates using industry tools like LexisNexis, World-Check, and DDIQ to assess compliance risks.
- Draft detailed case narratives summarizing alerts, findings, and recommendations on whether to escalate or close cases.
- Maintain a high level of accuracy, analytical skills, and attention to detail while using industry-standard tools.
Required Skills:
- Strong knowledge of AML regulations and transaction monitoring processes.
- Experience in Correspondent Banking is mandatory.
- Proficiency in using financial crime detection tools and databases.
- Excellent analytical and investigative skills with the ability to detect suspicious patterns.
- Ability to draft detailed reports and communicate findings clearly.
Preferred Qualifications:
- Bachelor’s or Master’s degree in Finance, Business, or a related field.
- Certifications such as CAMS, CFCS, or ICA are preferred.
How to Apply:
Interested candidates can send their updated resume along with CTC, ECTC, and Notice Period details .
This is a great opportunity to work on high-impact financial crime compliance projects with a global banking team.
