Transaction Monitoring Analyst

3 weeks ago

gurgaon, India 2coms Full time
Job Description

Transaction Monitoring – Case Investigations

Job location-Gurugram
CTC upto 40000
Shift-General

Please note: This is a contract job opportunity for 6 months under the payroll of 2COMS, subject to be converted into permanent role on successful completion of contract period.
PURPOSE OF JOB  

To perform transaction monitoring and analysis for which alerts / cases are generated by the system so as to determine and escalate / report any suspicious activity related to money laundering or terrorism financing.


Responsibilities

 

· Ensure accurate investigation of alerts and cases adhering to the laid down procedures.

· Close alerts, cases where there are no suspicious or refer alerts to Business Compliance unit/s where further information is required, or assistance is required to take a decision due to the complexity of the issue.

· Obtain opinion from Unit Manager for conclusion of cases and escalate cases to business compliance for further review, as applicable.

· Escalate issues and confirmed true matches.

· Maintaining and providing of accurate and meaningful MI as instructed on all aspects related to FCRM alerts/ cases within the expected timelines.

· Undertaking any testing requirements on the AML system that is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team.

· Send reminders to business for overdue on information requests.

· Monitoring and mitigating risk in a timely and effective manner whilst keeping Senior Management, Compliance fully informed of action taken and the outcomes.

· Escalating issues to Senior Management, Compliance for information and necessary action.

· Timely reporting of potential Suspicious Transaction to Business compliance

· Investigation and resolution of such matters in a timely manner

· Meet Quality levels as per standards laid down in TM procedure manual.

· Complete corrective actions for issues raised by QA unit.


Requirements

Minimum Work Experience Requirements & Education

· Minimum of 3 years of working experience in a transaction monitoring unit for a multinational retail bank

Bachelors Degree Education

Must Have Skills

· Ability to understand Complex Regulatory and Compliance requirements within the retail banking space.

· Transaction Monitoring experience and good knowledge of financial crime compliance within the global banking sector

· Analytically sound to take decisions on whether an alert should be escalated for further investigation or close if further review is not warranted.

· Sound knowledge required in Banking Laws and requirements like BSA/AML/KYC

· Ability to understand Complex legal entities and transactions between similar counterparties and be able to judge whether the transaction is suspicious.

· Experience of working on systems like Actimize, Lexis Nexis, Adverse Media interpretation

· Knowledge of banking products like Insurance, Annuities, Mortgages, loans, credit cards etc.

· General awareness about money laundering trends and terrorism financing

· Knowledge of regulations like banking secrecy act, USA Patriot Act, OFAC regulations, FinCEN (financial crimes enforcement network) etc.

· Knowledge of sanctions, SARs (suspicious activity reports), CTRs (currency transaction reports) etc.

· Knowledge of high-risk countries, businesses, PEPs (politically exposed persons) etc.

· Advanced Proficiency required in English Language to create disposition narratives.

· Perform assignments/deals/tasks of high complexity and resolving queries.

Basic domain knowledge about US Bank Regulatory challenges in transaction monitoring & subsequent risk management



Requirements
Minimum Work Experience Requirements & Education · Minimum of 3 years of working experience in a transaction monitoring unit for a multinational retail bank Bachelors Degree Education Must Have Skills · Ability to understand Complex Regulatory and Compliance requirements within the retail banking space. · Transaction Monitoring experience and good knowledge of financial crime compliance within the global banking sector · Analytically sound to take decisions on whether an alert should be escalated for further investigation or close if further review is not warranted. · Sound knowledge required in Banking Laws and requirements like BSA/AML/KYC · Ability to understand Complex legal entities and transactions between similar counterparties and be able to judge whether the transaction is suspicious. · Experience of working on systems like Actimize, Lexis Nexis, Adverse Media interpretation · Knowledge of banking products like Insurance, Annuities, Mortgages, loans, credit cards etc. · General awareness about money laundering trends and terrorism financing · Knowledge of regulations like banking secrecy act, USA Patriot Act, OFAC regulations, FinCEN (financial crimes enforcement network) etc. · Knowledge of sanctions, SARs (suspicious activity reports), CTRs (currency transaction reports) etc. · Knowledge of high-risk countries, businesses, PEPs (politically exposed persons) etc. · Advanced Proficiency required in English Language to create disposition narratives. · Perform assignments/deals/tasks of high complexity and resolving queries. Basic domain knowledge about US Bank Regulatory challenges in transaction monitoring & subsequent risk management

  • Transaction Management Analyst

    4 weeks ago

    Gurgaon, Haryana, India NatWest Digital X Full time

    Join us as a Transaction Management AnalystIn your new role, you'll be processing transactions for the investment banking function, working with others to create a seamless processYou'll be collaborating with counterparties, traders, sales people and other global operations teams, allowing you to develop an extensive networkTake advantage of our development...

  • Senior Group Manager

    4 weeks ago

    gurgaon, India WNS Full time

    Job DescriptionAbout the Role:We are seeking a seasoned and results-oriented Senior Group Manager - Transactional Quality, to lead and oversee our team of quality assurance professionals. This role is ideal for a candidate with a strong KPO (Knowledge Process Outsourcing) background and a proven track record of success in driving operational...

  • Financial Spreading/ Covenant Monitoring

    4 weeks ago

    gurgaon, India Acuity Knowledge Partners Full time

    Scouting candidates for Financial Spreading, Covenant monitoring & Testing and Quality checkRole & responsibilitiesAnalyzing and spreading the financial statements in Moody’s Risk Analyst (MRA) / Creditlens / client customized templatesAnalysis of financial statements including Income statement, Balance Sheet & cash flow of public & private companies for...

  • Risk Analyst

    2 weeks ago

    Gurgaon, India timesjobs Full time

    Risk Analyst-Gurgaon ( 3 Years Of Experience)Risk Analyst-Gurgaon ( 3 Years Of Experience) A Client of Analytics VidhyaGurugram INR 8 - 12 LPA Experience : 2 YRS. Openings: 1Details:Risk analysts, sometimes referred to as risk managers, identifies and analyses potential risks threatening the financial position of commercial and industrial corporations and...

  • Risk Analyst

    2 weeks ago

    Gurgaon, Haryana, India timesjobs Full time

    Risk Analyst-Gurgaon ( 3 Years Of Experience)Risk Analyst-Gurgaon ( 3 Years Of Experience) A Client of Analytics VidhyaGurugram INR LPA Experience : 2 YRSOpenings:1Details:Risk analysts, sometimes referred to as risk managers, identifies and analyses potential risks threatening the financial position of commercial and industrial corporations and...

  • Analyst - Life Actuarial

    4 weeks ago

    Gurgaon, Haryana, India KPMG Full time

    Job DescriptionWe are recruiting a Life Actuarial Analyst in the Actuarial Services team. The responsibilities of Analyst will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.IFRS current and proposed IFRS 17 [Assumptions, methodology, controls and results] review. US...

  • Financing & Risk Solutions Analyst

    3 weeks ago

    Gurgaon, Haryana, India NatWest Group Full time

    Join us as a Financing & Risk Solutions AnalystWe'll look to you to develop new discussion materials for clients on a key sustainable finance topicDay-to-day, you'll support our ongoing origination efforts across products, such as bonds, CP, private placements and liability managementThis is a fantastic opportunity to hone your skills since you'll be...

  • [06/05/2024] Senior Group Manager

    2 weeks ago

    Gurgaon, India WNS Full time

    Job DescriptionAbout the Role:We are seeking a seasoned and results-oriented Senior Group Manager - Transactional Quality, to lead and oversee our team of quality assurance professionals. This role is ideal for a candidate with a strong KPO (Knowledge Process Outsourcing) background and a proven track record of success in driving operational...

  • Financing & Risk Solutions Analyst

    4 weeks ago

    Gurgaon, Haryana, India NatWest Digital X Full time

    Join us as a Financing & Risk Solutions AnalystIn this crucial role, you'll work with business management in assessing business performance using various measures including customer satisfaction, revenue and capital efficiencyWe'll look to you to support senior originators in building and maintaining the business with target client baseThis is a fantastic...

  • ▷ (Only 24h Left) Financial Spreading/ Covenant Monitoring

    2 days ago

    Gurgaon, India Acuity Knowledge Partners Full time

    Scouting candidates for Financial Spreading, Covenant monitoring & Testing and Quality checkRole & responsibilities- Analyzing and spreading the financial statements in Moody’s Risk Analyst (MRA) / Creditlens / client customized templates- Analysis of financial statements including Income statement, Balance Sheet & cash flow of public & private companies...

  • Fund Accounting Analyst 2

    14 hours ago

    Gurgaon, India Citi Full time

    The Fund Accounting Analyst is an intermediate level position responsible for participating in a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to assist in the calculation of daily and periodic Net Asset Valuations (NAVs) for funds and the distribution of...

  • Senior Business Analyst

    1 week ago

    gurgaon, India Callisto Talent Solutions Full time

    Our client is a global investment banking firm with operations across the globe. They are actively seeking Business Analyst to be part of their Global Regulatory Operations team.Some of the key responsibilities will include:Collaborating with compliances, operation, technology to manage projects and day to day activities.Conducting impact assessment,...

  • Derivatives Analyst

    1 week ago

    gurgaon, India IIFL Securities Full time

    Role Description To be a part of Alternate Investor Fund -Cat 3 Derivative Fund, delivering on Derivative Trading, Strategies, Fund Management, risk management and analytics. Responsible to interpret data by analyzing various statistical and technical parameters such as Implied volatility, Option Greeks etc. Participate in identifying derivative trade...

  • Monitoring and Evaluation

    18 hours ago

    gurgaon, India Khan Academy Full time

    ABOUT THE ROLE (Please note that this role is a 12-month contract based role) Khan Academy is looking for an experienced Monitoring and evaluation expert to join our growing team. The candidate will be responsible for executing and guiding M&E projects – both in-house and via third parties-  Develop and strengthen monitoring, inspection...

  • Monitoring and Evaluation

    14 hours ago

    Gurgaon, India Khan Academy Full time

    ABOUT THE ROLE [Please note that this role is a 12-month contract based role] Khan Academy is looking for an experienced Monitoring and evaluation expert to join our growing team. The candidate will be responsible for executing and guiding M&E projects – both in-house and via third parties-  Develop and strengthen monitoring, inspection and...

  • Analyst/ Associate

    2 weeks ago

    gurgaon, India Acuity Knowledge Partners Full time

    Job descriptionDesignation-Analyst & AssociateLocation-GurgaonExperience-1-5 YearsResponsibilitiesWill be part of a dedicated team supporting a bulge bracket investment bankPreparing c ompany profiles, pitch books, industry reports , company focused discussion documents, performing company and asset valuation through various techniques, updating periodic...

  • ▷ 15h Left: COMPLIANCE MONITORING

    3 days ago

    Gurgaon, India Wipro Full time

    Work Location: Wipro GDC, Plot No 480-481, Udyog Vihar, Phase - III, Gurgaon – 122016, Haryana Work Shifting – 01.30 pm to 11.00 pm (IST) shift Window Experience: 4 to 12 YEARS in UK/US pension with transition experience Responsibilities: • Ensure changes to compliance policies properly documented and communicated • Ensure all registrations required...

  • Looking for Quality Analyst – Associate at Gurgaon, Haryana, India

    1 week ago

    Gurgaon, Haryana, India Neolytix Full time

    Quality Analyst – JDAbout NeolytixNeolytix is a boutique Consulting and Management Services Organization that works with small & medium-sized healthcare providers across the United States. Our portfolio of services caters to micro verticals and is built on the expertise we have developed in enabling these practices.Work with a company where your work can...

  • Security Operations Analyst

    6 days ago

    Gurgaon, India Zaportiv Full time

    Role DescriptionIf you are a security enthusiast with demonstrable experience in security domain, we would like to talk to you. We are looking for a security expert with strong hands-on experience and broad knowledge across the security domain.The ideal candidate should have managed a SOC team of 8+ SOC analysts, is an expert in at least two of the security...

  • Quality Assurance Analyst QA

    2 weeks ago

    Gurgaon, India timesjobs Full time

    Job Descriptions:Quality Assurance Analyst (QA) is responsible for assessing the quality of the performance of our call centre associates who deal with our existing and potential customer. The QA will monitor inbound , outbound call or emails responses to assess associates communication, technical accuracy, customer service performance, and conformity to...