Job Description
Transaction Monitoring Oversight
- Manage end-to-end TM operations, including alert generation, disposition, escalation and closure
- Ensure monitoring scenarios and thresholds are risk-based and aligned with the institution's risk appetite
- Oversee quality and consistency of alert reviews in line with internal SOP and MAS regulatory requirements
- Oversee timely and accurate filing of STRs originated from transaction monitoring alerts
- Maintain audit-ready documentation and case records
Conduct Alert Investigation for Transaction Monitoring
- Conduct reviews and investigations of suspicious transactions identified through transaction monitoring systems by reviewing alerts generated by the transaction monitoring system
- Conduct detailed investigations by gathering and analyzing relevant data (e.g. KYC, transactional history, customer profiles)
- Identify unusual transaction patterns and assess whether activity is consistent with the customer's profile and expected behavior
Assist HOA with Ad-Hoc AML Projects
- Assist in AML-related projects assigned by Head of AML
Job Requirement
- At least 8 to 10 years of relevant experience in Banking industry
- Degree in Law, Accountancy, Economics, Business or equivalent in a recognised tertiary institution
- Holds AML relevant qualifications (e.g. ACAMS) will be an added advantage
- With good command of both English and Mandarin written and conversational language abilities as the role requires direct corresponding and reporting to Head Office in Taiwan
