Transaction Monitoring System Analyst Job

Key responsibilities:

1. Conduct investigative review and analysis in support of the company s BSA/AML regulatory compliance policies and program including investigating automated alerts from our transaction monitoring systems, and referrals sourced from law enforcement requests and other company lines of business
2. Analyze transaction activity and KYC information and conduct due diligence research in support of investigations as well as interpret evidence from external tools and systems to determine the legitimacy of customer behavior across multiple products
3. Document investigations in written narratives
4. Decide whether activity warrants escalation for additional review and subsequently recommend whether activity appears suspicious and warrants filing of a suspicious activity report
5. Incorporate feedback from the quality assurance team
6. Maintain detailed documentation to demonstrate compliance with regulations and internal policies and procedures
7. Remain current with industry standards and developments in the areas of KYC, BSA/AML, and OFAC, and apply regulatory requirements and internal policies and procedures to case investigation
8. Review data from systems and follow client procedures to investigate, decide, and document transaction monitoring alerts

25