Conducting transaction monitoring activities to identify potential instances of money laundering, fraud, or other financial crimes.
Analyzing and investigating flagged transactions and conducting research to determine if further action is necessary.
Documenting findings and maintaining accurate records of all transactions and investigations.
Collaborating with internal teams and external stakeholders to ensure compliance with regulatory requirements and industry best practices.
Developing and implementing policies and procedures to enhance transaction monitoring processes.
Reviewing/investigating FCRM Alerts and Cases assigned by the AML Manager on a daily basis and carrying out necessary follow- up with Branches and Business Units for the necessary information in a timely, professional and efficient manner
Staying up-to-date with regulatory changes and industry trends to ensure compliance.
Assisting in the preparation of reports and presentations for senior management and regulatory authorities.
Providing training and guidance to other team members on transaction monitoring techniques and best practices.
Identifying and recommending process improvements to enhance the effectiveness and efficiency of the transaction monitoring unit.
Participating in internal and external audits and examinations.
