Job Summary
The Service Delivery Manager in AML and transaction monitoring (Alert Investigation Retail & Prepaid Cards)
Responsibilities
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· MUST have strong knowledge of AML (Anti-Money Laundering) and fraud analysis.
· Review of Monthly alerts and understanding of alert generation due to exceeding the threshold/particular spike in a customer account.
· Ability to understand the pattern of transactions regarding suspicious/unusual activity while doing periodic reviews.
· Must have exposure to Global Alert management tools.
· Establish and implement money-laundering rules covering all bank products in the transaction monitoring system.
· Should be able to determine the source and utilization of funds for the customer.
· Understanding of unusual activity and behavior.
· Should understand PEP classification and Naming convention as well.
· Understand High-risk jurisdictions, current Sanction entities/individuals, different trade sanctions, SDN, etc.
· Should have a fair understanding of identifying the relationship between customers and counterparties/intermediaries.
· Should be able to analyze the purpose of the transactions.
· Exposure to preparing AML case logs and validating information regarding transactions and counterparties via different external applications, i.e., Lexis Nexis, D&B, etc.
· Adept at multi-tasking and meeting deadlines in a high-pressure environment
· Strong documentation skills to clearly articulate alert disposition
· Should have a good understanding of the USA Patriot Act, BSA, and CIP.
· Should have good knowledge of Lexis-Nexis, Google searches, and negative searches.
· Good Communication and problem-solving techniques using analytical skills
· Should have lead a min. team size of 50