Provide support for Transaction Monitoring activities by investigating financial transactions and reporting suspicious activity to the relevant authorities when required.
Accountabilities
- Assist with daily Transaction Monitoring activities, including reviewing, investigating, and reporting using AML expertise.
- Execute monitoring checks on customers, transactions, and related activities to identify potential risks and meet regulatory requirements.
- Manage alerts and issues generated from transaction monitoring tests, investigating each case and resolving incidents appropriately.
- Work with teams across the bank to align and integrate Transaction Monitoring processes.
- Identify improvement opportunities and recommend enhancements to monitoring processes.
- Support the development and implementation of monitoring procedures and controls to mitigate risk and maintain operational efficiency.
- Track industry trends and developments to incorporate best practices within Transaction Monitoring services.
- Participate in initiatives and projects aimed at improving monitoring efficiency and effectiveness.
- Carry out assigned activities accurately and within timelines while promoting continuous improvement.
- Apply technical knowledge and a strong understanding of principles related to the assigned area.
- Collaborate with related teams and partner with different functions across the organization.
- Take responsibility for operational outcomes within the team and elevate policy or procedure breaches when required.
- Embed newly adopted policies and procedures that support risk mitigation.
- Provide guidance within the area of expertise and influence decision‑making where appropriate.
- Manage risk and strengthen controls while ensuring work aligns with relevant regulations and codes of conduct.
- Build knowledge of how the sub‑function integrates with the wider organization, including its products, services, and processes.
- Analyze factual information carefully and make evaluative judgments with strong attention to detail.
- Resolve issues by identifying solutions based on technical experience and established precedents.
- Communicate complex or sensitive information effectively and engage with stakeholders within and outside the immediate team.
Key Skills
- Transaction Monitoring
- Suspicious Activity Reporting (SAR)
- Anti‑Money Laundering (AML) Compliance
- Data Analysis and Reporting