AML Transaction Monitoring Analyst

pwc; Makati; On-site; PHP 360,000 - 540,000; Full time

Job summary

PwC Philippines is seeking an Associate to support regulatory risk and AML monitoring for clients. You will analyze transactions, investigate alerts, and help ensure compliance with SAR filings and OFAC requirements.

The role emphasizes data analysis, documentation, and collaboration with stakeholders, leveraging AML software to identify patterns and risks while maintaining complete records.

Qualifications

• Bachelor's degree in Finance, Economics, Business, or a related field.
• Minimum 1 year of AML transaction monitoring or related experience.
• Preferred certifications: CAMS, CFE, or AML-related certifications.
• Strong analytical skills and attention to detail.
• Knowledge of AML laws, SAR filings, and OFAC requirements.

Responsibilities

• Analyze and monitor financial transactions for AML risks.
• Investigate alerts from monitoring tools and assess legitimacy.
• Prepare reports on suspicious activities and escalate as needed.
• Ensure regulatory compliance with AML guidelines including SAR filings.
• Maintain records of transaction monitoring and investigations.
• Contribute to AML system improvements.

Skills

Analytical skills

Attention to detail

AML software

Education

Bachelor's degree in Finance, Economics, Business, or related field

Tools

AML software

Job description

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Fraud, Investigations & Regulatory Enforcement (FIRE)

Management Level

Associate

Job Description & Summary

At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively. In regulatory risk compliance at PwC, you will focus on confirming adherence to regulatory requirements and mitigating risks for clients. You will provide guidance on compliance strategies and help clients navigate complex regulatory landscapes.

Key Responsibilities

• Transaction Monitoring: Analyze and monitor financial transactions for potential money laundering or other suspicious activities using specialized software.
• Alert Investigation: Investigate alerts generated by transaction monitoring tools/systems and assess the legitimacy of transactions.
• Report Writing: Prepare detailed reports on suspicious activities and escal…
• Regulatory Compliance: Ensure compliance with AML regulations and guidelines, including Suspicious Activity Reporting (SAR) and filing requirements.
• Data Analysis: Utilize data analysis techniques to identify trends and patterns that may indicate money laundering activities.
• Collaboration: Work closely with different stakeholders to ensure comprehensive AML efforts.
• Documentation: Maintain accurate and complete records of all transaction monitoring and investigation activities.
• Continuous Improvement: Participate in the development and enhancement of AML monitoring systems and procedures.

Qualifications

• Education: Bachelor's degree in Finance, Economics, Business, or a related field.
• Experience: Minimum of 1 year of experience in AML transaction monitoring, compliance, or a related field.
• Certifications: Preferred certifications include CAMS, CFE, or similar AML-related certifications.
• Skills: Strong analytical skills, attention to detail, and proficiency in AML software and tools.
• Knowledge: In-depth knowledge of AML laws and regulations, including SAR filing processes and OFAC requirements.
• Communication: Excellent written and verbal communication skills.

#PwCSEACPH

Education

(if blank, degree and/or field of study not specified)

Degrees/Field of Study required:Degrees/Field of Study preferred: Bachelor Degree

Certifications

(if blank, certifications not specified)

Required Skills

• AML Investigations, Anti-Money Laundering (AML), Data Analysis, Financial Crime Investigations, Financial Crimes Compliance, Know Your Customer (KYC), Transaction Monitoring

Optional Skills

• Accepting Feedback, Accepting Feedback, Active Listening, Anti-Bribery, Anti-Money Laundering Compliance, Business Ethics, Code of Ethics, Communication, Compliance and Governance, Compliance and Standards, Compliance Auditing, Compliance Frameworks, Compliance Program Implementation, Compliance Reporting, Compliance Review, Compliance Risk Assessment, Compliance Training, Controls Compliance, Cybersecurity Risk Management, Data Analysis and Interpretation, Data Protection Management (DPM), Disability Support, Emotional Regulation, Empathy, Ethics Training {+ 25 more}

Desired Languages

(If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

Yes