Transaction Monitoring Analyst

IDFC FIRST Bank; Thane; On-site; INR 700,000 - 1,100,000; Full time

Job summary

IDFC FIRST Bank seeks a Transaction Monitoring Analyst to identify and investigate suspicious fund transfers and support AML strategies. The role involves generating insights, coordinating STR submissions, and advising business units on AML risks and trends.

You should have 2–5 years of experience in transaction monitoring or financial crime investigations, a relevant bachelor’s degree, and strong analytical, data, and communication skills for working with large datasets.

Qualifications

• Bachelor’s degree in math, commerce, arts, science, business, computers, engineering, management, or related fields.
• 2–5 years of experience in transaction monitoring, AML, or financial crime investigations.
• Strong analytical and investigative skills.
• Attention to detail and ability to work with large datasets.
• Good communication and presentation skills; AML regulations knowledge.

Responsibilities

• Monitor and investigate suspicious fund transfers across assigned business units.
• Perform AML reviews and support independent investigations.
• Aggregate data from multiple sources for comprehensive risk assessments.
• Prepare and submit STRs with detailed summaries and insights.
• Advise business units on AML-related risks and trends.
• Identify financial trends that may pose risks to the bank.
• Support development of AML strategies and risk processes.

Skills

Analytical skills

Investigative skills

Attention to detail

Communication skills

AML regulations knowledge

Education

Bachelor’s degree in math, commerce, arts, science, business, computers, engineering, management, or related fields

Job description

Job Requirements About the Role The role of Transaction Monitoring Analyst plays a key role in identifying and investigating suspicious fund transfers across the bank. The role helps safeguard the bank against financial crime by generating insights, preparing Suspicious Transaction Reports (STRs), and supporting AML strategies that align with our customer-first approach.

Key Responsibilities

• Monitor and investigate suspicious fund transfers across assigned business units.
• Perform AML reviews and support independent investigations.
• Aggregate data from multiple sources for comprehensive risk assessments.
• Prepare and submit STRs with detailed summaries and insights.
• Advise business units on AML-related risks and trends.

Secondary Responsibilities

• Identify financial trends that may pose risks to the bank.
• Support development of AML strategies and risk processes.

What We Are Looking For

Education

• Bachelor’s degree in Math, Commerce, Arts, Science, Business, Computers, Engineering, Management, or related fields.

Experience

• 2 to 5 years of experience in transaction monitoring, AML, or financial crime investigations.

Skills and Attributes

• Strong analytical and investigative skills.
• Attention to detail and ability to work with large datasets.
• Good communication and presentation skills.
• Understanding of AML regulations and risk frameworks.