Fraud & Transaction Monitoring Analyst

Razer; Shah Alam; On-site; MYR 200,000 - 250,000; Full time

Job summary

A leading tech company in Shah Alam is seeking a Fraud and Transaction Monitoring Analyst to monitor suspicious transactions and analyze merchant activities for potential fraud and money laundering. Candidates with compliance experience or strong analytical skills are encouraged to apply. This position involves collaboration with compliance teams and requires adaptability under pressure.

Qualifications

• 1 year of working experience in compliance, preferably in the financial sector.
• Ability to work under pressure and manage multiple investigations.
• High ethical standards and self-motivated.

Responsibilities

• Monitor suspicious/suspected transactions for fraud or money laundering.
• Investigate potential early warning signs committed by merchants and users.
• Collaborate with other internal stakeholders.

Skills

Analytical thinking

Communication skills

Adaptability

Critical thinking

Job description

Job Responsibilities

Acting as a First Line of Defense, Fraud and Transaction Monitoring Analysts are required to monitor suspicious/suspected transactions to detect any early warning signs of fraudulent and/or transaction laundering.

A Transaction Monitoring job focuses on reviewing merchant activities using dedicated systems to detect and investigate potential illicit activities like money laundering or fraud. Key responsibilities include analyzing transaction data, investigating suspicious activity alerts, collaborating with compliance teams and other stakeholders, and accurately reporting findings or escalating potential risks to the Head of Department, Senior Management, and Compliance/Risk Management.

The role and responsibilities:

• Transaction Monitoring: The monitoring and detection scope covers Malaysia, Singapore, the Philippines, Thailand, Indonesia, Hong Kong, Taiwan, and Cryptocurrency. To review suspicious/suspected transactions for possible fraud or money laundering activity by the merchants and/or users.
• To investigate any potential early warning signs committed by merchants and users.
• Review and research evidence/documents to analyze the overall fact pattern of the alerts.
• Prepare the Merchant Termination Report or Suspicious Activity Report to the Head of Fraud Management.
• Assist and collaborate with other internal stakeholders.

Job Requirements

• 1 year of working experience in compliance, preferably in the financial sector but fresh grad can be considered if they have good analytical thinking.
• Demonstrates adaptability and initiative in identifying fraud risks and proposing process improvements.
• Able to work under pressure and manage multiple investigations within stipulated timelines.
• Strong analytical and critical thinking skills, with the ability to assess complex information effectively.
• Excellent communication skills, with the ability to work collaboratively with cross-functional teams and stakeholders.
• High ethical standards, self-motivated, quick to learn, and able to work independently.
• Ability to manage stakeholders across all levels.
• Willing to travel to Shah Alam.

Are you game?