Senior Manager - AML & Transaction Monitoring

Job Description for FCRM SAM - SDM

Experience - 8+ years in AML and transaction monitoring.

• Must have strong knowledge of AML (Anti-Money Laundering) and fraud analysis.
• Review of Monthly alerts and understanding of alert generation due to exceeding the threshold / particular spike in a customer account.
• Ability to understand the pattern of transactions regarding suspicious / unusual activity while doing periodic reviews.
• Must have exposure to Global Alert management tools.
• Establish and implement money-laundering rules covering all bank products in the transaction monitoring system.
• Should be able to determine the source and utilization of funds for the customer.
• Understanding of unusual activity and behavior.
• Should understand PEP classification and Naming convention as well.
• Understand High-risk jurisdictions, current Sanction entities / individuals, different trade sanctions, SDN, etc.
• Should have a fair understanding of identifying the relationship between customers and Should be able to analyze the purpose of the transactions.
• Exposure to preparing AML case logs and validating information regarding transactions and counterparties via different external applications, i.e., Lexis Nexis, D&B, etc.
• Adept at multi-tasking and meeting deadlines in a high-pressure environment
• Strong documentation skills to clearly articulate alert disposition
• Should have a good understanding of the USA Patriot Act, BSA, and CIP.
• Should have good knowledge of Lexis-Nexis, Google searches, and negative searches.
• Good Communication and problem-solving techniques using analytical skills
• Should have lead a min. team size of 50

(ref : iimjobs.com)