Fiserv AML

Tekskills Inc.; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Tekskills Inc. is seeking an AML expert to design, implement and optimize transaction monitoring within Fiserv. The role focuses on creating robust AML scenarios, tuning thresholds, and ensuring regulatory compliance in response to BSA/AML, OFAC and FinCEN guidance.

The candidate should have hands-on Fiserv AML experience, strong rule-design skills, and a solid grasp of risk scoring models. 3–5 years of relevant experience is required. Bangalore/Mumbai WFO 5 days.

Qualifications

• Hands-on experience with Fiserv AML or similar systems.
• Ability to design, implement and optimize transaction monitoring scenarios.
• Knowledge of BSA/AML, OFAC and FinCEN regulatory requirements.

Responsibilities

• Design and develop AML transaction monitoring scenarios and rules within Fiserv.
• Configure rule logic, thresholds, parameters and risk scoring models.
• Perform scenario testing, validation, and back-testing to measure effectiveness.
• Conduct rule tuning to reduce false positives while maintaining compliance.
• Analyze transaction data trends to enhance monitoring strategies.
• Support model governance and documentation for audits.
• Collaborate with Compliance, Model Risk, Data Analytics and IT teams on enhancements.
• Monitor AML scenario performance and recommend improvements.
• Assist in regulatory issue remediation related to transaction monitoring controls.

Skills

FISERV AML expertise

Rule design & tuning

Regulatory knowledge (BSA/AML)

Data analytics for monitoring

Education

Bachelor's degree in Finance/IS/Risk Management

Tools

FISERV configuration

Threshold management

Job description

Hi All

We are hiring for Fiserv AML

Job Title: Fiserv AML

Work Location: Bangalore/Mumbai

Work mode: 5 days of WFO

Experience Range:3-5 years

JD:

With strong hands-on expertise in Fiserv AML or other similar systems. This role will be responsible for designing, developing, implementing, and optimizing transaction monitoring scenarios and rules to detect suspicious activity in compliance with BSA/AML regulatory requirements.

The ideal candidate will have deep technical knowledge of Fiserv configuration, scenario tuning, threshold management, and alert optimization.

Key Responsibilities

• Design and develop AML transaction monitoring scenarios and rules within Fiserv.


• Configure rule logic, thresholds, parameters, and risk scoring models. Translate regulatory requirements (BSA/AML, OFAC, FinCEN guidance) into system-based detection scenarios.


• Perform scenario testing, validation, and back-testing to measure effectiveness.


• Conduct rule tuning and optimization to reduce false positives while maintaining regulatory compliance.


• Analyze transaction data trends to enhance monitoring strategies.


• Support model governance and documentation for internal audit and regulatory examinations.


• Partner with Compliance, Model Risk, Data Analytics, and IT teams to implement system enhancements.


• Perform ongoing performance monitoring of AML scenarios and recommend improvements.


• Assist in regulatory issue remediation related to transaction monitoring controls.

Required Qualifications

• Bachelors degree in Finance, Information Systems, Risk Management, or related field.