Verified Job
Accounting - Finance
Specialist Transaction Surveillance
Accounting - Finance
#307792
Remote / WFH
Job Description
Specialist, Transaction Surveillance-(WD50752)
Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose:
Effective monitoring of alerts generated as part of the KYC / AML Surveillance process. Work closely with stakeholders to ensure appropriate monitoring and reporting and also assist in overall management of KYC / AML related processes
AML Alert / Surveillance:
Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank. Review / Analyze the alert and ensure timely and effective disposition of the alerts.
Work closely with stakeholders on AML /KYC /Sanctions related items
Work closely with stakeholders including operations, business, compliance, legal, audit and other units on AML / KYC related items
Providing support / Assistance for other AML /KYC requirements
Providing support on various requirements like updating of watch lists / caution lists, filing of regulatory reports (STR/CTR/NTR/FMR reporting)etc
Assistance to other adhoc AML/KYC related activities
Regulatory Reporting
Strong understanding of filing regulatory reportings viz. STR's, CTR, NTR, CWTR.
Audit & Compliance
• Assist the department in audit / compliance related activities. Ensure compliance to all policies and procedures laid down by the bank
Job Duties and Responsibilities:
Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank.
• Review / Analyze the alert and ensure timely and effective disposition of the alerts.
• Prepare the GoS for filing of STR'
• Regulatory Reporting like STR, CTR, NTR, CWTR
• Any job assigned pertaining to the unit
• Preparing ad hoc presentations or MIS as per management routine
Experience:
2-3 years of experience in AML / compliance monitoring / Regulatory Reporting
Good analytical and communication skills
Education/Preferred Qualifications:
Graduate/ Post Graduate and post qualification experience in AML /KYC / Compliance Monitoring
Certifications if any – NA
Core Competencies:
Strong analytical and surveillance skills, in depth understanding of AML risks, knowledge of KYC and Customer Due Diligence
Technical Competencies:
Strong proficiency in MS Excel (Macros and Pivots), MS Access, MS Word. Basic usage of MS Powerpoint.
Work Relationship:
• Able to work closely with team members within FCSS & Legal Compliance unit
• Ability to work closely with stakeholders including business, operations and other units to manage KYC / AML risks effectively
• Ability to communicate effectively and should possess good presentation skills
Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose:
Effective monitoring of alerts generated as part of the KYC / AML Surveillance process. Work closely with stakeholders to ensure appropriate monitoring and reporting and also assist in overall management of KYC / AML related processes
AML Alert / Surveillance:
Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank. Review / Analyze the alert and ensure timely and effective disposition of the alerts.
Work closely with stakeholders on AML /KYC /Sanctions related items
Work closely with stakeholders including operations, business, compliance, legal, audit and other units on AML / KYC related items
Providing support / Assistance for other AML /KYC requirements
Providing support on various requirements like updating of watch lists / caution lists, filing of regulatory reports (STR/CTR/NTR/FMR reporting)etc
Assistance to other adhoc AML/KYC related activities
Regulatory Reporting
Strong understanding of filing regulatory reportings viz. STR's, CTR, NTR, CWTR.
Audit & Compliance
• Assist the department in audit / compliance related activities. Ensure compliance to all policies and procedures laid down by the bank
Job Duties and Responsibilities:
Timely monitoring of alerts generated by AML monitoring system (Transaction Surveillance) in line with the internal policies of the bank.
• Review / Analyze the alert and ensure timely and effective disposition of the alerts.
• Prepare the GoS for filing of STR'
• Regulatory Reporting like STR, CTR, NTR, CWTR
• Any job assigned pertaining to the unit
• Preparing ad hoc presentations or MIS as per management routine
Experience:
2-3 years of experience in AML / compliance monitoring / Regulatory Reporting
Good analytical and communication skills
Education/Preferred Qualifications:
Graduate/ Post Graduate and post qualification experience in AML /KYC / Compliance Monitoring
Certifications if any – NA
Core Competencies:
Strong analytical and surveillance skills, in depth understanding of AML risks, knowledge of KYC and Customer Due Diligence
Technical Competencies:
Strong proficiency in MS Excel (Macros and Pivots), MS Access, MS Word. Basic usage of MS Powerpoint.
Work Relationship:
• Able to work closely with team members within FCSS & Legal Compliance unit
• Ability to work closely with stakeholders including business, operations and other units to manage KYC / AML risks effectively
• Ability to communicate effectively and should possess good presentation skills
