Senior Analyst, TM CB

Job Description

The primary purpose for the Analyst of the Monitoring NCB team within the FCSU is to perform surveillance activities to detect Money Laundering or Terrorist Financing activities by focusing on the initial assessment of risk events as first stage in the AAA (Assess, Analyze, Act) process.RESPONSIBILITIES: 1. Primary Responsibilities:Assess risk events, created by the Monitoring systems or created manually, to identify unusual customer behavior and escalate such unusual patterns for Analysis. Perform the assessment in accordance with the procedure laid down in the AAA processes and Country Addendum. Processing of pre-cases should be within the turnaround time (TAT) and should adhere to the quality guidelines.Share best practices with peers and support in creating a FCC Risk Management Culture of Excellence .Ensure Technology / Risk issues identified are reported and escalated to the Manager in a timely manner.Ensure regulatory requests received from country relating to AML are promptly attended to.Complete all mandatory e-learning modules within stipulated timelines and attend trainings for which nominatedUphold the values of the Group at all timesAssist the Associate Manager / Manager in BCP / DR testing in addition to taking appropriate measure for managing crisis situation.Assist the Associate Manager / Manager in Service management of the surveillance service to the countries.Specialize in the identification of unusual customer behavior of the Monitoring NCB customer segments being Retail, Private Banking and Corporates.Work in Shift according to Business requirement.2. Adhoc Responsibilities:Participate in testing and other activities required for the running of the unit.Assist in preparation of various MIS.When required by the Business, act as the backup for the Senior Analyst.Cooperate and support the management in implementation of any other initiative that may arise during the course of the year.COMPETENCIES:CompetencyProficiency LevelPartner with the business to make decisions based on the knowledge and interpretation of current and possible future policies, practices, trends and information of financial crimeCorePartner with Business and Operational Risk to identify and mitigate financial compliance risksCoreResolve escalation of potential suspicious activitiesCoreConclude investigations of potential and actual non-compliant activitiesIntermediateReview system safeguards and recommend process enhancementsEntryDetect and confirm patterns of behavior by analysing structured and unstructured data including large data volumes.IntermediateDeliver sustainableEntryTake the leadEntryAdditional Specific Role Requirements: 1. Two to Four years of experience working in any of the following departments:AML and Terrorist Financing Surveillanceor Screening (name or transaction)or banking operationsor in analyzing structure/ unstructured data for a multi-national bank.2. Knowledge on Financial Crime Compliance and banking:Good understanding of banking products and related transactions with a special focus on at least one of the following customer segments: Retail, Private Banking or Corporates.Understanding of the fundamentals of Money Laundering typologies and techniques, Sanctions regulations and guidelinesHas an overview of the end to-end monitoring process flowUnderstands operational risks and controlsExperience with AML surveillance systems such as Mantas or Detica.3. Other tools and techniques:Able to analyze data trends and out of pattern activities with guidance from tenured team membersHas working knowledge on Internet, MS Office Suite and is able to use this knowledge effectively at work4. Behavioral:Facilitate collaboration, networking and alignment within and across teamsBuilds the culture of coming up with solutions than problemsSeek and apply best practices and ideas5. Excellent communication in English (articulation and writing).Reports Directly to: Associate Manager / Manager, Transaction Monitoring,

Keyskills :
customerrelations riskmanagement bankingproducts operationalrisk unstructureddata bankingoperations servicemanagement terroristfinancing transactionmonitoring learningmodules