Job Summary
Monitor and analyze financial transactions to detect suspicious activity, ensuring compliance with AML regulations and company policies.
Key Responsibilities
- Conduct real-time and post-transaction monitoring to detect fraudulent activities.
- Investigate flagged transactions, analyze risk patterns, and report suspicious activity.
- Ensure compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations.
- Collaborate with internal compliance teams and regulatory authorities to address fraud concerns.
- Document investigation findings, maintain audit trails, and prepare reports for stakeholders.
- Assist in refining and improving monitoring strategies based on evolving threats and trends.
- Provide recommendations to enhance fraud detection systems and internal controls.
Required Skills and Qualifications
Must-Have:
- Bachelor's degree in Finance, Business, Risk Management, or a related field.
- 1-3 years of experience in transaction monitoring, AML, or fraud investigation.
- Strong analytical skills with attention to detail in identifying transaction anomalies.
- Familiarity with AML regulations and compliance frameworks (e.g., FATF, BNM, MAS).
- Excellent problem-solving and investigative abilities.
- Ability to handle sensitive data with confidentiality and integrity.
- Strong communication skills to collaborate across departments.
Nice-to-Have:
- Professional certification in AML (e.g., CAMS, ICA).
- Experience using transaction monitoring software and risk analytics tools.
- Knowledge of digital payments or fintech fraud trends.
- Prior experience in the banking, fintech, or financial services industry.
