Description
Associate / Senior Associate/ Team Leader – Hyderabad & Chennai Candidate Expectation & Job Responsibilities: Candidates should have Minimum 2yrs to Max 7 Yrs of Exp. 2+ years of experience in AML level 1 detection is mandatory 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. 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) Team management experience is preferred Minimum Bachelors degree (preferably in a Business/Finance/Accounting related field)
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