Senior Representative - AML/Prevention/KYC - Banking

Roles & Responsibilities:

- Prepares in-depth, detailed risk profiles for complex clients and conducts periodic reviews of client profiles for renewal. May serve in a team lead role for AML/KYC/Prevention support staff. Directs daily work of a team.

- Populates risk profiles for clients that have global requirements and Local Requirements. Gathers additional information from independent research, online tools, or directly from the relationship manager or client. Performs due diligence to ensure the accuracy of information. Reviews profiles for renewal process and reviews work of others.

- Should have experience in working on different types of entities like Funds, Trusts, SPVs, Non-US Banks, Banks, and Branches, etc.

- Uses developed communication skills to engage in routine conversations with internal stakeholders and complex external clients in order to support an accurate data-gathering process and resolve any open issues.

- Review standard profiles that have been flagged and escalated for additional review through QSS real-time scans or escalated OFAC Sanctions alerts received on transactional reviews.

- Provides guidance to less experienced AML/JKYC/Prevention support staff.

- No direct reports. Provides guidance to less experienced AML/JKYC/Prevention support staff.

- Responsible for the quality and completion of own work.

- 3-5 years of total work experience preferred; experience in brokerage, accounting, fraud or law preferred.

Added Advantage in the below skill:

- Ability to understand complex Regulatory requirements within Banking space such as OFAC, FinCEN, USA Patriot Act and Banking Secrecy Act.

- Ability to explain E2E life cycle of Transaction monitoring i.e. from Alert Generation to filling a SAR.

- Transaction monitoring experience for High/Medium Risk Clients, Products and Geographies.

- Knowledge of Sanction, Embargo and High-risk countries, PEPs, High risk professions etc.

- Knowledge of reviewing and analyzing transaction to detect possible ML done at any stage.

- Good understanding to establish Origination of Funds, Reason for transaction and Utilization of funds

- Knowledge of performing Vanity Checks

- Knowledge of public or paid domains to gather details of beneficiaries

- Knowledge of underlying high-risk products and services offered by a Bank

- Analytically sound to take decision to either escalate or close an alert

- Ability to understand complex transaction done between similar/different counterparties established in single/multiple jurisdictions.

- Good knowledge of Money Laundering and Terrorism Financing trends.

- Advanced proficiency required in English language to create disposition narratives along with artifacts