Fci:dtm - Analyst

FCI DTM - Analyst INTERNAL USAGE No of Vacancies Reports to Manager - SM Is a Team leader Y N Team Size Grade Officer AM DM Business Digital Transactions Monitoring Department DTM Sub-Department DTM Location Airoli About Department The Digital Transaction Monitoring department monitors all the transaction undertaken through the bank s system and through peer banks The team monitors customer transactions on a daily basis or in real-time for risk The transactions monitored can include cash deposits and withdrawals wire transfers and ACH activity The department aims to identify and protect the institution from any transactions that may lead to money laundering and terrorist financing and result in the institution filing relevant Suspicious Activity Reports SARs About the Role The DTM analyst aims to mitigate the fraud risk of the customers onboarded through validation of documents investigation and KYC checks using the best in class technology platforms like Hunter Uniphore Fraud Guard etc The Analyst is also responsible for analysing observed fraud trends and developing robust fraud control measures Key Responsibilities Develop and implement strategies for automation and digitisation of FCM processes Analysis of the data and identifying anomalies trends Ensure timely launch of new activities processes as decided by department Ensure sampling efficiency with continual improved hit rates Ensure detailed optimal investigation of Sampling Frauds leading to perpetrator identifications and setting of deterrents Ensure that action is taken for 100 of cases within TAT identified in the technology platforms Co-ordinate and follow-up with stake-holders for adherence to the stipulated turnaround time Undertake mystery shopping to understand the flaws in the system and to evolve control measures Impart regular training to law enforcement agencies service providers and vendors Qualifications Optimal qualification for success on the job is Graduate MBA preferred Additional Certificate course related to Banking sector Role Proficiencies For successful execution of the job the candidate should possess the following Knowledge of banking products and services Knowledge of regulatory guidelines and norms Good communication both verbal and written skill in both English and the local language Ability to manage complex client situations Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment Ability to handle pressure and meet deadlines Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses