Senior Analyst (Correspondent Banking) - Noida, India

Job Description :

The purpose of AML is to prevent the bank's customers and society at large from financial criminals. In correspondent banking transaction monitoring, we do this by analysing the transactions between the customers of our peer banks which Client Bank accommodates. We are seeking a highly motivated and intellectually curious team members to join our First Line of Defence transaction monitoring team. As part of this role, you will be responsible for monitoring our activity and identify patterns that are outside our risk appetite.

Depending on your skills, knowledge and experience, you may be offered different seniority in the role.

Key Responsibilities :

• Investigate possible money laundering, terrorist financing, or tax evasion transactional activities which are generated automatically by the system and need your further analysis
• Assess and manage risk associated with correspondent banking transactions.
• Conduct thorough reviews of client transactions to identify non-expected activity
• Investigate alerts, escalating items for further review and reporting as necessary.
• Analyze complex financial transactions, utilizing knowledge of various payment message formats, (e.g. SWIFT, ISO 20022)
• Analyze and visualize complex datasets and communicate to a wide variety of audiences
• Collaborate with internal stakeholders, including the Client Risk team, Compliance, Legal, and Sales teams, to support ongoing client activity review processes and as required drive behavioural changes
• Support the design, build and operationalization of tooling to support the function
• Collaborate with product and engineering to improve quality of available data
• Contribute to the continuous enhancement of monitoring processes, policies, and procedures, identifying gaps and recommending improvements to strengthen the team's operating model.
• Maintain accurate and organized records of all reviews, ensuring a complete audit trail.
• Report suspicious transactions and activities to relevant departments / authorities

Qualification & Skills :

Normal Working Hours and Conditions

Core business hours are generally 9 : 00 am – 6 : 00 pm. However, this position may require work to be performed outside of the core business hours based on Company operations across different time zones.

AML RightSource is committed to fostering a diverse work environment and is proud to be an equal opportunity employer. We provide equal employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

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Skills Required

Transaction Analysis, Banking Products, Swift