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Rapyd Transaction Monitoring Investigator 
United Arab Emirates, Dubai, Dubai 
346583917

07.07.2024
Description

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As a Transaction Monitoring Investigator, you will be responsible for:

  • Review transaction monitoring alerts escalated by tier 1 analysts.
  • Experience with data analysis tools (e.g., SQL, Python, Excel) to analyze transaction data.
  • Conduct in-depth investigations of flagged transactions to determine the validity of the alerts.
  • Identify patterns and trends that may indicate suspicious activities, such as money laundering, fraud, or terrorist financing.
  • Initiate proactive investigations according to internal processes, market trends, proactive research or any other red flags.
  • Document findings and prepare detailed investigation reports.
  • Maintain accurate and comprehensive records of all investigations.
  • Apply analytic techniques to complex cases to make logical and supported recommendations.
  • Monitor and escalate anomalies or material issues to the Transaction Monitoring Team Lead.
  • Report suspicious activities to relevant authorities in compliance with regulatory requirements.
  • Ensure investigations adhere to internal policies and procedures, as well as external regulatory requirements (e.g., AML, KYC, OFAC).
  • Work closely with Compliance and Risk to address and resolve issues.
  • Communicate findings and provide recommendations to senior management.
  • Identify opportunities to improve transaction monitoring processes and systems.
Requirements
  • Bachelor’s degree in finance, accounting, business administration, criminal justice, or a related field.
  • Minimum of 3-5 years of experience in transaction monitoring, AML compliance, fraud investigation, or a related field.
  • Experience in financial services, banking, or a regulatory environment is preferred.
  • Strong analytical and investigative skills.
  • Excellent attention to detail and ability to work with large datasets.
  • Proficiency in using transaction monitoring and case management systems.
  • Knowledge of AML laws, regulations, and industry best practices.
  • Effective communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Strong organizational and time management skills.

Certifications (preferred but not required):

  • Certified Anti-Money Laundering Specialist (CAMS).
  • Certified Fraud Examiner (CFE).
  • Certified Financial Crime Specialist (CFCS).