Transaction Monitoring Analyst Jobs

About the Role:

The role of Compliance Analyst, Transaction Monitoring will be a key member in our growing regional Compliance team that will support the growth of our payment processing platform. Working as part of the Compliance team, you will work towards ensuring that Xfers is conducting its business in full compliance with the relevant laws and regulations.

You will be exposed to the latest developments in the payments industry and have the chance to learn about new and emerging trends in financial technology

What you'll do:

• Prepare and escalate suspicious transaction reports (STRs)
• Understand AML regulations (e.g PSN01 or similar) & guidelines relating to name screening.
• Identify, analyze, and interpret trends or patterns in complex data sets to establish and improves effectiveness of name screening processes
• Any other ad hoc tasks that might be allocated from time to time
• Follow up with merchants/ partners to ensure that all the relevant information is available to close transaction monitoring alerts
• Review and investigate all transaction alerts generated by the transaction monitoring system to identify any money laundering or financial crime cautionary flags
• Take ownership of implementing the screening process, including Adverse news
• Consolidate multiple data sets from different sources and analyse the data accurately and efficiently
• Review of name screening alerts independently and efficiently
• Ensure accurate, complete and up-to-date internal documentation to provide evidence of decisions and reasoning based on the facts and the potential ML/FT risk identified
• To participate in name screening related discussion with various stakeholder

What we're looking for:

• Excellent written and verbal communication skills (English).
• Ability to work in a high pressure environment with strict tight deadlines
• Around 6 months experience in AML Transaction Monitoring in a Fintech/ banking environment
• Ability to work as part of a multicultural diverse team, to build and maintain good working relationships
• Strong research and analytical skills

Optional:

• Familiarity with Blockchain and Crypto currency Compliance