Senior Associate - Financial Crime Operations

Organization:

At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets, and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas, and energy all contribute to the impact that we can make with our work. Together we can achieve great things.

Job Title: Senior Associate

Location: Bangalore

Business & Team: RACO Team

Impact & contribution:

Ensure that all AML/Sanctions/KYC/TM  processes continue to provide an effective control environment that is consistent with regulatory requirements and banks expectations.

Reporting lines: Reporting to Operations Manager

Roles & Responsibilities:

• Assess, Analyse and Act on transactions from automated and manual and automated Transaction filtering processes against the applicable global and local lists

• Perform investigation on AML - Transaction monitoring alerts generated on retail

• Ensuring all alerts actioned in appropriate manner within agreed procedure standards

• Screening all Incoming and Outgoing SWIFT messages and transactions to ensure that there are no financial crime concerns

• Investigating all swift messages as per Bank’s Economic and Trade Sanctions policy, Anti-Money Laundering, and Trade Sanctions Policy

• Perform End to End analysis of the Transaction monitoring alerts by identifying red flags, close or escalate the alerts basis the outcome of the case.

• Proficient at drafting Suspicious Matter Reports further review

• Implement TM related improvements and participation in AML related projects

Essential Skills:

• 2-4 years of experience

• Transaction Monitoring

• Fraud Investigations

• Financial Crimes Investigations

• Sanction screening

• Investigative Reporting

Education Qualifications:

• Bachelor's degree in Finance, Accounting, or Business.