Quality Check/Analyst - AML - Assistant Manager/Manager - Bangalore
Location: Bengaluru
• Experience: Senior Level
• Openings: 2
Job description
Job Title – Quality
Checker/Analyst – AML – Assistant Manager/Manager – Bangalore
Candidate Expectations
& Responsibilities :
8-10 Years Experience in
Quality Checker/Analyst in AML Domain
Basic understanding of AML regulations: Familiarity with Bank Secrecy
Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
Analytical skills: Ability to identify patterns, analyse complex data,
and draw logical conclusions from available information.
Attention to detail: High level of accuracy when reviewing transactions
and documenting findings and recommend action with detailed rationale.
Investigative skills: Capability to gather and assess information from
various sources to support decision-making
Basic knowledge of financial products and services: Understanding
different types of transactions, customer profiles, and potential red flags
associated with various financial activities.
Reviewing alerts: Analysing AML alerts generated in FCRM, and looking
for the specific AML alerts category (potential red flags) like - structuring,
high-risk high-volume transaction, change in behaviour, etc.
Review the alerted activity of recent activity on the account including
appropriate research to explain why the activity is performed.
Customer profile checks: Verifying customer information against existing
records to understand the legitimacy of transactions and the customer's
expected activity.
Basic investigation: Conducting initial research using internal systems
and external data sources to gather information about the transaction, parties
involved, and potential risks.
Review the alerted activity of recent activity on the account including
appropriate research to explain why the activity is performed.
Alert disposition: Deciding whether to close an alert as non-suspicious
with no further action recommended escalate it to a higher level for more
robust & thorough investigations
Documentation: Record their findings and rationale for the decision made
on the alert in a specific format provided with FCRM update
Compliance adherence: Ensuring all reviews are conducted in accordance
with established AML policies, regulations, and internal procedures.
Flexible with shifts