Senior Associate

Responsibilities

• Conduct review on alerts generated for transaction monitoring or screening alerts in Sanctions, Adverse Media and Politically Exposed Persons.
• Conduct open source search to find relevant information to complete the investigation and review.
• Perform due diligence of documents provided for customer as per banks policy and guidelines
• Capture information and documents from internal system / teams as per established norms of bank on KYC documentation per policy
• Initiate and coordinate client outreach to fetch client documentations
• Conduct false positive analysis on matches identified for counterparties alerted during watch list, sanctions and adverse media screening
• Mitigate or call out true hits for AML adverse concerns and collaborate closely for further action
• Close Interaction with Customer/business as an SME in the area of AML / Compliance
• Adherence to the critical metrics and business SLAs is required
• Responsible for preparing and reporting out their own SLAs.

Minimum Qualifications

• University graduate in any field

Preferred Qualifications

• Relevant work experience
• Sound business communication (in English) is must have

Preferred skills:

• Experienced in CDD/EDD of client for Investment or Retail Bank, including periodic review / KYC refresh
• Ability to conduct detailed investigation in Adverse / Negative Media and Transaction Surveillance / Monitoring
• Sound understanding of Sanctions, PEP and other watch list which is required to perform core job for alert adjudication in accordance with banks policies
• Ability to independently research, analyze, and recommend solutions to close open items and discrepancies
• Knowledge of AML/KYC controls including front-end systems, applications, data sources, and back end controls
• Experience on tools like World Check, Banker's Almanac, Actimize, RDC, Lexis Nexis, Dow Jones and regulatory databases such as FINRA, Company House and other local regulators and company registries
• Exposure to AML with Institutional clients / Investment Banking and products
• Understanding the requirements of CDD, EDD (Enhanced Due Diligence) and CIP (Customer Identification Program) to ensure compliance under the regulations
• Good experience in MS-Office applications like Excel, Word, Power point, Outlook etc