Anti-Money Laundering Officer

We have an exciting news FCU requirement for KYC (EDD/CDD) and Transaction Monitoring. Below, you will find all the necessary details. Please ensure that only relevant and quality profiles are shared in line with the JD provided. We are very serious about quality, so please don't sacrifice quality for quantity.

Position details:

Number of positions: 30

Experience: Mandatory Skills- 3-7 years in KYC - CDD / EDD, Transaction reviews / monitoring; (overall experience not more than 7 years).

Project Start Date: Ongoing Project, Immediate.

Shift: General shift

Job Description:

Review alerts generated from the CDD/EDD KYC Refresh queue to determine if the customer or transactions are suspicious or valid

Perform research considering various AML risk factors and indicators to determine if the alert/case needs to be escalated

Conduct initial analysis of customer transactions using internal/external research tools to assess and determine if the transactions seem plausible or if there is reasonable suspicion that the transaction involves money laundering

Identify suspicious or unusual transactions, non-compliant activity, or increased compliance risk

Accurately document rationale for alert closure or escalation as appropriate

Undertake prompt closure of eligible alerts not deemed as unusual or suspicious