BSA / AML Analyst

Novo; Gurugram District; On-site; INR 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a passionate BSA/AML Analyst to join their team and help revolutionize small business banking. In this entry-level role, you will monitor and investigate alerts generated by the transaction monitoring system, ensuring compliance with anti-money laundering regulations. You will document findings, communicate with senior management, and stay updated on relevant laws. If you have a keen analytical mindset and a desire to prevent money laundering while supporting an innovative company, this is the perfect opportunity for you.

Qualifications

• 1+ years of experience in AML investigations with a focus on transaction analysis.
• Strong written and verbal communication skills to summarize complex findings.

Responsibilities

• Monitor and conduct AML investigations on alerts from the transaction monitoring system.
• Document findings and prepare case files with supporting documentation.

Skills

Anti-Money Laundering investigations

Communication skills

Open-source research

Problem-solving

Analytical mindset

Tools

Microsoft Excel

Google Sheets

SQL

Job description

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We are looking for a BSA/AML Analyst who understands how to conduct AML investigations, identify unusual activity, and summarize findings clearly and concisely. If you're passionate about preventing money laundering and helping Novo better understand its customers, we want to hear from you. Are you ready to revolutionize small business banking with us?

About the Role:

• Monitor and conduct AML investigations on alerts generated by Novo’s transaction monitoring system.
• Document and report investigation findings, and prepare case files with supporting documentation.
• Write comprehensive analyses of alert activities to support decisions to resolve cases, request further information, or escalate.
• Assist with disposing or escalating alerts and cases according to Business Service Level Agreements (SLAs).
• Follow up with relevant contacts to obtain additional information for investigations.
• Communicate with senior management on compliance, legal, and BSA/AML issues.
• Stay updated on changes in laws, guidelines, and regulations related to anti-money laundering.
• Assess risks appropriately in business decisions, ensuring compliance and safeguarding the company's reputation, clients, and assets.

Requirements for the Role:

• At least 1 year of experience in Anti-Money Laundering investigations, including recognizing money laundering patterns and analyzing transactions.
• Excellent written and verbal communication skills, with the ability to summarize complex investigations and provide clear recommendations.
• Ability to conduct open-source research and analyze internal data sources for investigations.
• Organized, detail-oriented, and a strong problem solver.
• Ability to manage multiple tasks and sensitive information professionally in a fast-paced, deadline-driven environment.
• Proficiency in Microsoft Excel, Google Sheets, and SQL is a plus.
• Analytical mindset.
• Experience in banking or fintech industry is preferred.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Customer Service and Finance