Transaction Monitoring Analyst

dtcpay; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

An innovative startup in the financial technology sector is seeking a Transaction Monitoring Analyst to enhance compliance efforts. This role is pivotal in ensuring adherence to AML/CFT regulations and involves analyzing both FIAT and crypto transactions for suspicious activities. The ideal candidate will possess a strong compliance background, analytical skills, and the ability to work collaboratively within a fast-paced environment. Join a forward-thinking company that values integrity and innovation in the digital asset space, and contribute to the safeguarding of financial transactions across multiple jurisdictions.

Qualifications

• 2+ years of compliance experience in financial institutions or fintech.
• Strong knowledge of AML/CFT regulations and guidelines.

Responsibilities

• Conduct investigations of flagged alerts in FIAT and crypto transactions.
• Prepare Suspicious Transaction Reports for regulatory compliance.

Skills

Compliance Knowledge

Analytical Skills

Critical Thinking

Communication Skills

Mandarin Proficiency

Education

Bachelor’s Degree in Business

Bachelor’s Degree in Law

Bachelor’s Degree in Accounting & Finance

Bachelor’s Degree in Economics

Job description

Add expected salary to your profile for insights.

We are a MAS-licensed startup that has been in business for the past 5 years. We were recently recognized as the PayTech of the Year at the 2024 Asia FinTech Awards. With a profitable MVP, we are now focused on scaling our business model globally.

We're looking for a detail-oriented and analytical Transaction Monitoring Analyst to join our compliance team. In this role, you'll play a key part in safeguarding the integrity of our FIAT and crypto transactions by identifying suspicious activities and ensuring adherence to AML/CFT regulations across multiple jurisdictions. If you have a strong compliance background, thrive in a fast-paced environment, and are passionate about risk mitigation in the financial and digital asset space, we'd like to hear from you.

What you'll do:

1. Conduct in-depth investigations of flagged alerts from the transaction monitoring system across both FIAT and crypto (on-chain and off-chain) deposits and withdrawals to mitigate risk exposure.
2. Ensure all monitoring and reporting activities comply with applicable AML/CFT regulations, including MAS, BNM, SC guidelines, or other equivalent regulatory frameworks.
3. Prepare Suspicious Transaction Reports (STRs) for submission to the MLRO in line with regulatory requirements.
4. Identify patterns and trends in transaction activities to detect emerging risks and recommend appropriate mitigating measures.
5. Support ad-hoc transaction monitoring projects and initiatives as required.

What we are looking for:

1. Bachelor’s degree or higher in Business, Law, Accounting & Finance, Economics, or a related field.
2. Minimum 2 years of experience in compliance roles within financial institutions, fintech, or payments industries.
3. Strong knowledge of AML/CFT guidelines issued by BNM and SC.
4. Familiarity with Singapore’s Payment Services Act (PSA) and regulations governing fintech and digital asset sectors is an advantage.
5. Strong analytical and critical thinking skills, with the ability to assess complex information effectively.
6. Excellent communication skills, with the ability to work collaboratively with cross-functional teams and stakeholders.
7. High ethical standards, self-motivated, quick to learn, and able to work independently.
8. Proficiency in both English and Mandarin as you will need to work closely with Chinese vendors.

The role is based fully onsite, requiring your presence in the office.

How do your skills match this job?

How do your skills match this job?

Sign in and update your profile to get insights.

Your application will include the following questions:

• What's your expected monthly basic salary?
• How much notice are you required to give your current employer?
• How would you rate your Mandarin language skills?

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across fiat and cryptocurrency. Our clients' customers benefit from frictionless payment experiences, whether they are using our award-winning POS+ terminal in-store or our online checkout solution.

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services. We have expanded our global footprint with subsidiaries in the Americas, Hong Kong, and the Middle East.

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.

Researching careers? Find all the information and tips you need on career advice.