Senior Analyst -I Kolkata

amlrightsource; Kolkata District; On-site; INR 600,000 - 900,000; Full time

Job summary

AML RightSource, a leading technology-enabled managed services firm, seeks a Senior Analyst I to help fight financial crime by performing KYC, AML/KYC procedures, and data analysis for financial institutions. You will review client files, monitor activity, and ensure regulatory compliance in a fast-paced environment.

You will research data sources, prepare written recommendations, and communicate findings to clients and internal teams, occasionally supervising and coordinating with others as

Qualifications

• Bachelor's Degree with AML/BSA exposure and 2–3 years of relevant experience.
• Strong written and oral communication with ability to summarize analyses clearly.
• Solid analytical, problem solving and organizational abilities.

Responsibilities

• Identify data anomalies and red flags for money laundering, terrorist financing, fraud, and sanctions violations.
• Verify client identities to support KYC procedures and escalate for second level review as needed.
• Assist with client communications, data analysis, and creation of client-specific training aids.
• Support workflow items and complete administrative tasks independently in a fast-paced environment.
• Submit written work for review to AMLRS and client quality control teams; implement feedback.
• Adhere to timelines and procedures to ensure on-time and accurate work.
• Collaborate effectively within a team and comply with applicable laws and client requirements.

Skills

AML/BSA experience

Analytical skills

Communication skills

Problem solving

Team collaboration

Education

Bachelor's Degree

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Job Description:

About AML RightSource

We are AML RightSource, the leading technology-enabled managed services firm focused on fighting financial crime for our clients and the world. Headquartered in Cleveland, Ohio, and operating across the globe, we are a trusted partner to our financial institution, FinTech, money service business, and corporate clients.

Using a blend of highly trained anti-financial crime professionals, cutting-edge technology tools, and industry-leading consultants, we help clients with their AML/BSA, transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs.

We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Globally, our staff of more than 4,000 highly trained analysts and subject matter experts is the industry's largest group of full-time compliance professionals. Together with our clients, we are Reimagining Compliance.

About the Position

A Senior Analyst I works with our clients (banks and non-bank financial institutions) to provide advice and counsel in order to help them fight financial crime and mitigate financial crime risks. The purpose of this role is to detect and investigate unusual financial activity by performing both quality control work related to the work of our Associate Analysts, and performing his/her own detailed monitoring of account activity and ensuring compliance with regulatory policies, operational policies, and/or reviewing client files for the purpose of performing Know your Customer (KYC) Procedures. In short, you are on the front-line of making decisions as to how to keep clients compliant with applicable law and regulations.

As a Senior Analyst I, you research and analyze various sources of data and provide written summaries of recommendations and conclusions as it relates to the identification of suspicious or unusual financial activity and/or reviewing client files for the purpose of performing Know your Customer (KYC) Procedures.

You may perform quality control activities, supervisory responsibility on occasion and be responsible for ad hoc communication with client. You will need to exercise discretion and judgment in the work, and you must be able to work efficiently and independently in a fast-paced, dynamic environment.

Primary Responsibilities

• Identify data anomalies and red flags for money laundering, terrorist financing, fraud, sanctions violations, and elevate for second level review.
• Verify the identity of clients to understand the nature and purpose of their relationship with the financial institution for the purposes of performing Know your Customer (KYC) Procedures, escalating where appropriate for second level review- Ability to perform quality control work as needed.
• Assist with advanced tasks including communication with clients, analyzing production data and creating client specific aids and training.
• Independently assist analyst with workflow items and administrative tasks as they arise.
• Submit written work product for review by AMLRS and client-led quality control teams, make the requested adjustments as necessary, and apply the feedback going forward.
• Adhere to all designated timeframes and procedure to ensure on time and accurate completion of work.
• Work and contribute in a team-oriented and collaborative environment.
• Adhere to and comply with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money, as well as adhering to company policies and procedures and client requirements.

Required Qualifications

• Bachelor's Degree with 2-3 year of relevant AML/BSA experience.
• Strong oral communication skills and ability to produce narrative and written summaries clearly synthesizing recommendations and conclusions.
• Strong analytical, problem solving and organizational skills.
• Proficient in Microsoft Excel, Microsoft PowerPoint & Microsoft Word, with ability to learn new technologies quickly.
• Ability to multi-task, work independently and as part of a team, establishing cooperative and collaborative working relationships.

Preferred Qualifications

• Professional Certification
• Strong knowledge of banking industry and related regulations and laws.
• Strong entrepreneurial spirit, highly collaborative, able to express ideas readily, manage change fluidly, able to influence and identify opportunities for improvement.

Normal Working Hours and Conditions

• Core business hours are generally 8:00 am - 5:00 pm. However, this position may require work to be performed outside of the core business hours based on Company operations across different time zones.

AML RightSource is committed to fostering a diverse work environment and is proud to be an equal opportunity employer. We provide equal employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identit