Job Summary
Experience 2 to 4 Years
Must have a good knowledge on transaction monitoring
Review of Monthly alerts and understanding of alert generation due to exceed in thresholdcertain spike in customer account
Ability to understand the pattern of transaction in terms of suspiciousanomalous activity while doing periodic reviews
Must have exposure over Global Alert management tools Actimize Norkom UCM etc
Establish and implement moneylaundering rules in transaction monitoring system co
Responsibilities
Experience 2 to 4 Years
Must have a good knowledge on transaction monitoring
Review of Monthly alerts and understanding of alert generation due to exceed in thresholdcertain spike in customer account
Ability to understand the pattern of transaction in terms of suspiciousanomalous activity while doing periodic reviews
Must have exposure over Global Alert management tools Actimize Norkom UCM etc
Establish and implement moneylaundering rules in transaction monitoring system covering all bank products
Should be able to determine source and utilization of fund for customer
Ability to interpret KYC policies procedures and laws and put into practice Should be aware of UBOs
Should be able to perform KYC reviews on High Medium and Low Risk entities
Understanding of suspicious activity reporting
Should have knowledge of PEP classification and Naming convention as well
Should have understanding on Highrisk jurisdiction Sanction entityindividual different types of trade sanctions SDN etc
Should have a fair understanding on identifying the relationship between customer and counterpartiesintermediaries
Exposure over preparing AML case log and validation of information in terms of transaction and counterparties via different external applications ie Lexis Nexis DB etc
3 years experience in compliance or related position
Adept to multitasking and meeting deadlines in highpressure environment
Strong documentation skills to clearly articulate alert disposition