Job Description

- AML Analyst - Level 1




Team Size: Not known


Reporting Manager's Role: Team Lead/ Manager


:

Review of assigned alerts and document findings using the AML alert management system.

Review of Manual referrals generated by different areas of the bank.

Review and analysis on Low,Medium and High Risk accounts

Conduct enhanced due diligence research of individuals, institutions and trust through LexisNexis and other internet tools.

Interact with Bank management on suspicious transactions conducted by customers.

Prepare and review Loan accounts, RDC (Remote Deposit Capture), Wire Transfers and Monetary Instrument reports


Use transactional and customer records, external data, publicly- available information, and other information to identify suspicious or unusual activity.

Performe detailed analyses to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses/products.

Maintain a strong investigative skills; the ability to work independently, demonstrated extensive banking and Compliance knowledge.

Identified multiple significant cases, red flags and patterns associated with the laundering of illicit funds.









Competencies/Skills:


Excellent verbal and written communication skills

Experience in making quick, high quality decisions on complex issues

Ability to conduct logical investigations

Good understanding of banking or financial operations and systems

Ability to engage/conduct Client communication

Ability to manage assignments and team (if required)

Ability to work with concepts and with minimal assistance

Ability to work equally well independently and within a team

Handling team queries/issues (if required)

Excellent time management skills

Experience working on discrete, time sensitive projects

Proficient in Microsoft Excel, Word, and PowerPoint







Person Specification

Highly motivated, driven, and dynamic

Flexibility

Ensuring Information security for sensitive data









Knowledge/Experience:

24 months of experience in AML level 1 detection is mandatory

Team management experience is preferred




Qualifications:

Minimum Bachelor's degree (preferably in a Business/Finance/Accounting related field)

Location

Chennai

Job Function

BUSINESS PROCESS SERVICES

Role

Process Expert

Job Id

373284

Desired Skills

Retail Banking | Risk AML
Desired Candidate Profile

Qualifications

: BACHELOR OF COMMERCE