Executive KYC & AML

Job Description – Transaction Monitoring (Banking/AML)

Position: Transaction Monitoring Officer / Senior Executive – Transaction Monitoring

Department: Financial Crime Compliance / AML

Location: As per business requirement

Role Purpose

To monitor customer transactions and identify suspicious activities, unusual patterns, and potential money laundering or fraudulent transactions in compliance with regulatory requirements, internal policies, and AML guidelines.

Key Responsibilities

• Review and monitor alerts generated through transaction monitoring systems.
• Investigate unusual, suspicious, or high-risk transactions and perform detailed analysis.
• Conduct customer profiling and transaction pattern reviews to identify potential AML/CFT risks.
• Prepare and escalate suspicious cases for further review and filing of regulatory reports, wherever applicable.
• Ensure timely closure of alerts within defined TATs while maintaining quality standards.
• Handle alerts related to cash transactions, remittances, account activities, digital transactions, and other risk indicators.
• Maintain proper documentation, audit trails, and investigation records.
• Coordinate with branches and business teams to obtain supporting information/documents.
• Support regulatory inspections, internal audits, and compliance reviews.
• Stay updated on AML regulations, financial crime trends, and internal compliance policies.