Description
About the Role
The Transaction Monitoring Senior Analyst role primarily focuses on transaction monitoring case handling and reports to the GC Transaction Monitoring Manager.
Responsibilities
- Conduct daily transaction monitoring tasks to clear and escalate transactions in the case management system according to predefined procedures.
- Manage inquiries on suspicious transactions from banking partners or law enforcement.
- Conduct comprehensive analyses of suspicious clients and file Suspicious Transaction Reports (STRs) to regulatory agencies.
- Participate in Anti-Money Laundering (AML) related projects and initiatives to enhance operational excellence and efficiency.
- Stay updated with AML-related news and regulatory developments to improve the team's knowledge base.
- Complete other tasks related to transaction monitoring operations as assigned.
Key Requirements
- At least 5 years of relevant AML and Sanctions experience in a public accounting firm, litigation/disputes consulting firm, financial services industry, or regulatory environment.
- Familiarity with common money laundering schemes, sanctions compliance, and risk-based compliance.
- Strong analytical skills, attention to detail, and proficiency in time management.
- Ability to effectively review and analyze data and apply judgment to resolve issues in a timely manner.
- Experience in international, regional, and local regulatory knowledge, AML and OFAC risk assessment, and process improvement initiatives is a plus.
- Excellent verbal and written communication in both Mandarin and English.
- Proficiency in using MS Outlook, Excel, Word, and PowerPoint.