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Sr. Process Analyst Risk and Compliance - Transaction Monitoring

AT IBM
IBM

Sr. Process Analyst Risk and Compliance - Transaction Monitoring

Bangalore, India

Introduction
A career in IBM Consulting embraces long-term relationships and close collaboration with clients across the globe. In this role, you will work for IBM BPO, part of Consulting that, accelerates digital transformation using agile methodologies, process mining, and AI-powered workflows.

You'll work with visionaries across multiple industries to improve the hybrid cloud and AI journey for the most innovative and valuable companies in the world. Your ability to accelerate impact and make meaningful change for your clients is enabled by our strategic partner ecosystem and our robust technology platforms across the IBM portfolio, including IBM Software and Red Hat.

Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, you'll be supported by mentors and coaches who will encourage you to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centers on long-term career growth and learning opportunities in an environment that embraces your unique skills and experience

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Your Role and Responsibilities
As a Transaction Monitoring Senior Process Analyst - Risk & Compliance at Business Process Operations you'll be part of a global team of financial crime specialists working on the Transaction Monitoring and Case Investigation process providing services to global banks.

Your primary responsibilities include:
  • You will be responsible for complying with the Bank Secrecy Act (BSA) requirements to prevent, detect, and deter money laundering and terrorist financing through the review of cases escalated by the Alerts team.
  • The responsibilities include KYC Review, expanded Transaction Review, Due Diligence Research, Prior SAR/CTR filing review, and a decision to close with no risk or recommend the filing of a Suspicious Activity Reporting accompanied by a thorough analysis narrative.
  • Identify a comprehensive target set of compliance data for users across teams.
  • Monitor and evaluate compliance data and information collected in support of activities and initiatives.

Required Technical and Professional Expertise

  • Graduate with 3-5 years of experience in Anti Money Laundering, Enhanced due diligence, Customer identification program and Transaction Monitoring.
  • Working knowledge in US regulatory policies - Patriot Act, FATF etc.
  • Experience handling AML Investigation/ Case Investigation.
  • Ability to provide Recommendations for SAR and CTR Review

Preferred Technical and Professional Expertise

  • Ambitious individual who can work under their direction towards agreed targets/goals.
  • Proven analytical skills required to organize and analyze multiple, complex data sets and strong interpersonal and organizational skills.
  • Experience in financial services transaction data analysis, risk rating and Name Screening.
  • Expertise in criminal investigation, CDD, Legal document review and P&L review.

Client-provided location(s): Bengaluru, Karnataka, India
Job ID: IBM-21172946
Employment Type: Full Time

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