Transaction Monitoring Analyst

About TCS:

Join Tata Consultancy Services, Asia Pacific and be part of an organization committed to sustainable development for our future. TCS follows the Tata group philosophy of building sustainable businesses that are rooted in the community and demonstrate care for the environment. Our unique values position us to combine a purpose-driven worldview with digital innovation, collaborating with customers, communities and governments to lead and shape innovative solutions for a sustainable future. TCS has been carbon neutral in its operations across 11 countries, 12 delivery centres and 18 offices in Asia Pacific since 2022. This is only the initial stage in TCS journey as we strive to achieve long-term net zero emissions by 2030.

Corporate sustainability is embedded in our triple-bottom-line, focusing on people, the planet, and our purpose. Our offices are designed with eco-friendly features that significantly reduce our carbon footprint and enhance energy efficiency. We actively champion green initiatives, such as promoting paperless operations, implementing energy-efficient practices, and fostering employee engagement in sustainability efforts. When you become part of the TCS family, you will play an essential role dedicated to innovation, excellence, and crafting a brighter, greener future together. Join us and be a part of our mission to drive sustainability through technology and talent at Tata Consultancy Services, APAC today.

Please find the job description below.

Job Title: Transaction Monitoring Analyst

Location: Kuala Lumpur, Malaysia

Expectations from the Role

• Communication, time management and teamwork are clearly essential for the role of AML Analyst. In addition, it's important that you meet the below requirements
• Experience in a AML Transaction Monitoring /Compliance related fields of Wholesale and commercial banking business
• Knowledge of or familiarity with relevant (international) financial rules and regulations and affinity with compliance / risk management and integrity issues
• Understanding of Financial Economic Crime in general and Anti Money Laundering and Counter Terrorist Financing in particular
• Excellent verbal and written communication skills

Desired Competencies (Technical/Behavioral Competency)

Must-Have

• Review and Analyse significant financial crime risk events (e.g. non-compliant transactions, production orders) including but not limited to manual alerts and referrals generated, to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions.
• Apply Organizational and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
• Must be able to exercise discretion in the process of identifying problems/ issues regarding suspicious activity

Good-to-Have

• Preferably, have experience in developing and maintaining models and translating regulatory requirements into functional designs and/or processes around TM controls. Escalate all completed reports to compliance team for closure and reporting to authorities as appropriate.
• Establish and implement all money laundering rules in transaction monitoring system covering all bank products

Thank you for your interest in applying for this position with TCS. We will review your application and will get back to you if we are considering your interest in this opportunity.