Analyst – Transaction Monitoring

Job Title: Analyst – Transaction Monitoring

Location: Mumbai, India

Perm/Contract/ Full-time/Part-time: Permanent

On-site/Hybrid/Remote: On-site

Who We Are

Robert Walters is the world’s most trusted talent solutions business. Across the globe, we deliver recruitment, outsourcing, and talent advisory services for businesses of all sizes, opening doors for people with diverse skills, ambitions, and backgrounds.

Our Outsourcing service delivers recruitment for some of the world’s top employers, and we are currently recruiting on behalf of one our client which is the Fifth largest global bank globally by assets, with 2400 locations in over 50 markets. Our client has approximately 360 years of history. Its global network has over 180,000 employees. It was ranked as the fourth largest in the world.

The Role

Our client is seeking an Analyst – Transaction Monitoring in the Banking division. This role offers an exciting opportunity to join a global team, providing top-tier service to existing and prospective clients while expanding the business on a product and global level.

Job Description:

Purpose of Role

Ensure compliance for the Bank’s business division(s), product line, and operational system. Communicate, coordinate, and monitor regulatory compliance policies, systems and procedures, provide relevant and conduct audits/testing. Structure and implement efficient and effective compliance programs and functioning systems of internal control under the supervision of Compliance Manager and in coordination with Regional Compliance team. Ensure proper, adequate, and timely coverage of the compliance testing, and suitable redressal of the findings.

Main Responsibilities:

Strategic

• Execution of the financial crime compliance program priorities.

• Ensure timely identification, escalation, and remediation of issues by driving a no-surprises culture and ensuring comprehensive and timely actions plans with a focus on immediate control of issues and sustainability.

• Support the Bank’s strategic work being done with global capability centre/offshore delivery centre.

Financial

• Review and close L1 and L2 customer alerts on monthly basis and support ODC Team by providing RFI responses and other ad hoc requests.

• Perform Data Governance Periodic assessment activity.

• Coordinate with regional and operations team for Data Quality Monitoring activity.

• Performing manual reviews for transaction monitoring.

• Perform Law Enforcement Agency enquiries and exposure reviews.

• Support regulatory reporting such as CCR, CTR, NTR & CBWTR.

• Perform Sanctions screening review for name and trade finance screening.

• Perform Sanctions Due Diligence Questionnaire review.

Customer

• Work in close collaboration with various departments and colleagues located within and outside India, to ensure due compliance of applicable norms.

• Coordinate with front line of defense for regulatory reporting and issue management process.

People

• Connect beyond your team and leverage our global strength.

• Engage and collaborate with the teams for ensuring improved understanding of the requirements and promote better adherence and enhanced risk control over the guideline.

Other/ Control

• Ongoing delivery of an organized and structured Compliance Program including the Global Risk Assessment and Management Information, process reviews, rollout of policies and training.

Education & Professional Qualifications:

AML professional with 4-5 years of banking experience.

Skills & Knowledge:

• Good stakeholder management skills to collaborate with other departments.

• Strong knowledge of Compliance issue and local financial regulations.

• Prior knowledge of regulatory reporting

• Good communication skills.

• Strong PC skills (MS Word, Excel, PowerPoint).

This position is being recruited on behalf of our client through our Outsourcing service line. Resource Solutions Limited, trading as Robert Walters, acts as an employment business and agency, partnering with top organisations to help them find the best talent. We welcome applications from all candidates and are committed to providing equal opportunities.

Client promotes collaboration and aims to provide a supportive and inclusive environment where all individuals can maximize their full potential.

As we are continuously hiring for all our clients in the region, we will retain your CV in our database for any other positions that may fit your profile. Therefore, please let us know if you are not agreeable to that.

Requirements added by the job poster

• 3+ years of work experience with Compliance Management