Associate Analyst

The purpose of AML is to prevent the banks customers and society at large from financial criminals. In correspondent banking transaction monitoring, we do this by analyzing 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 behavioral 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 teams 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:

• 3+ years of relevant professional experience in AML, transaction monitoring, or similar financial crimes compliance role, with focus on transaction monitoring of client activity
• Demonstrated knowledge of key payment message formats, including SWIFT MT and ISO 20022 (e.g., pacs, camt, pain messages), and their implications for transaction reviews
• Exceptional analytical skills with the ability to interpret complex data, identify patterns, and anomalies
• Working knowledge of banking products, corresponding banking relationships, transaction analysis
• Familiarity with transaction monitoring systems and proficiency in data analysis tools and software
• Must be independent and comfortable in a fast paced and often multi-directional work environment
• Ability to build frameworks and procedures
• Team oriented; strong interpersonal, communication and presentation skills
• Excellent organizational, time management and planning skills
• Certifications: CAMS, CFE, or other relevant certifications preferred.

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.