Job Description

Key Responsibilities :

• Monitoring and Detection :
• Monitor and review financial transactions for suspicious activity or patterns indicating potential money laundering or fraud.
• Use AML software and systems to track transactions, run alerts, and analyze customer activity.
• Review and assess large transactions, unusual patterns, or irregularities for potential risks.
• Reporting :
• Prepare Suspicious Activity Reports (SARs) and submit them to regulatory authorities when necessary.
• Document and report on identified risks, suspicious activities, and any violations of AML laws.
• Ensure timely filing of required regulatory reports and compliance documentation.
• Investigation and Analysis :
• Investigate flagged transactions, conduct due diligence, and assess customer backgrounds using available databases and tools.
• Collaborate with law enforcement agencies, regulators, and internal teams to resolve and mitigate potential risks.
• Perform detailed research and analysis of clients' financial behavior and transactions.
• Compliance :
• Ensure all activities comply with AML laws, regulations (e.g., the Bank Secrecy Act, the Financial Action Task Force (FATF) guidelines), and internal policies.
• Stay up to date with changes in AML laws and regulations and help implement necessary changes to compliance procedures.
• Assist with internal audits and external examinations to ensure compliance.
• Risk Management :
• Identify areas of risk within the organization's operations and provide recommendations to mitigate those risks.
• Collaborate with other departments to strengthen the organization's overall risk management framework.
• Conduct enhanced due diligence (EDD) on high-risk customers and transactions.
• Training and Awareness :
• Provide AML training and guidance to staff members to ensure they are aware of regulations and best practices.
• Educate employees on identifying and reporting suspicious activities.

Job Type: Full-time

Pay: ?25,000.00 - ?30,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Night shift
• Rotational shift
• US shift

Experience:

• total work: 1 year (Preferred)

Work Location: In person