Anti-Money Laundering Analyst

Transaction Monitoring _ BMO project ( 174659-1)

Experience: Mandatory Skills- 3-7 years Working on alert level or case level transaction monitoring investigation, alert adjudication, RFI (request for information), SAR Filing, CTR exceptions (currency transaction/cash transaction report)

Added Advantage- supporting US region & experience on regulators

Location: Candidates only from Bangalore

Project Start Date: Ongoing Project, Immediate

Job Description:

Reviewing systematic Anti-Money-Laundering (AML) alerts generated from the AML transaction monitoring system and to determine if transactions occurring are valid Anti-Money Laundering risks.

Perform research considering various AML risk factors and indicators to determine if the alert/case needs to be escalated.

Conduct initial analysis of customer transactions using internal/external research tools to assess and determine if the transactions seem plausible or if there is reasonable suspicion that the transaction involves money laundering.

Identification of suspicious or unusual transactions, non-compliant activity, or increased compliance risk.

Accurately document rationale for alert closure or escalation as appropriate Undertake prompt closure of eligible alerts not deemed as unusual or suspicious.

Raise RFI request for alerts requiring further information.

Determine if additional enquiries are required and escalate as

appropriate for non/low quality responses.