Transaction Monitoring Specialist

Concentrix; Quezon City; On-site; PHP 600,000 - 800,000; Full time

Job summary

Concentrix is seeking a detail-oriented Transaction Monitoring Specialist to join its Financial Crime & Compliance (FCC) team. You will review, analyze, and disposition alerts to identify potential money laundering and other financial crimes while ensuring compliance with global standards.

Responsibilities include end-to-end monitoring of customer transactions, drafting SARs/SMRs, and maintaining audit trails in line with SLAs and regulatory requirements.

Qualifications

• Bachelor’s degree in Finance, Business, Criminology, Legal Studies, or a related discipline.
• At least 1 year of hands-on experience in Financial Crime & Compliance, specifically Transaction Monitoring.
• Knowledge of transaction monitoring mechanisms, alert triggers, scenario rules, and threshold detection.
• Understanding of money laundering, financial crime typologies, and risk indicators.
• Familiarity with international regulatory reporting standards and compliance frameworks (SAR/SMR, AUSTRAC, FATF).

Responsibilities

• Conduct end-to-end monitoring and analysis of customer transactions (wires, transfers, card payments) to detect unusual patterns, velocity spikes, or behavioral anomalies.
• Disposition Level 1 and Level 2 transaction monitoring alerts in accordance with established SLAs, identifying true risks while filtering out false positives.
• Investigate complex money laundering typologies, such as structuring/smurfing, layering, pass-through activity, and high-risk corridor flows.
• Compile comprehensive investigative narratives and case files to support the drafting and escalation of Suspicious Activity/Matter Reports (SARs/SMRs) to compliance leads and regulatory bodies.
• Maintain complete audit trails and documentation for all alert reviews and case decisions in compliance with regulatory standards.

Skills

Transaction Monitoring

Financial Crime Knowledge

Regulatory Reporting

Analytical Thinking

Attention to Detail

Education

Bachelor’s degree in Finance, Business, Criminology, Legal Studies, or related discipline

Job description

We are seeking a detail-oriented and analytical Transaction Monitoring Specialist to join our Financial Crime & Compliance (FCC) team. In this role, you will be responsible for reviewing, analyzing, and dispositioning transactional alerts to identify potential money laundering, terrorist financing, and financial crime activities. You will play a crucial role in safeguarding our banking operations while ensuring strict adherence to global regulatory standards and internal compliance frameworks.

Minimum Qualifications

• Education: Bachelor’s degree in Finance, Business, Criminology, Legal Studies, or a related discipline.
• Experience: At least 1 year of hands‑on experience in Financial Crime & Compliance (FCC), specifically within Transaction Monitoring (TM).
• Knowledge:
• Solid grasp of transaction monitoring mechanisms, alert triggers, scenario rules, and threshold detection logic.
• Deep understanding of money laundering, financial crime typologies, and risk indicators.
• Familiarity with international regulatory reporting standards and compliance frameworks (e.g., SAR/SMR drafting, AUSTRAC, FATF).

Key Responsibilities

• Conduct end‑to‑end monitoring and analysis of customer transactions (wires, transfers, card payments) to detect unusual patterns, velocity spikes, or behavioral anomalies.
• Disposition Level 1 and Level 2 transaction monitoring alerts in accordance with established SLAs, identifying true risks while filtering out false positives.
• Investigate complex money laundering typologies, such as structuring/smurfing, layering, pass‑through activity, and high‑risk corridor flows.
• Compile comprehensive investigative narratives and case files to support the drafting and escalation of Suspicious Activity/Matter Reports (SARs/SMRs) to compliance leads and regulatory bodies.
• Maintain complete audit trails and documentation for all alert reviews and case decisions in compliance with regulatory standards.

Work Location & Setup

• Office Location: UP Ayala Technohub, Diliman, Quezon City
• Accessibility to public transportation and prime commercial spots within North Metro Manila.