Job
Description
Job Summary: We are seeking a highly analytical and detail-oriented AML/KYC Compliance Analyst to support our financial crime prevention efforts. The successful candidate will be responsible for conducting Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on high-risk customers, ensuring compliance with Anti-Money Laundering (AML) regulations and Know Your Customer (KYC) requirements. The role involves monitoring transactions, identifying suspicious activities, and ensuring adherence to local and international regulatory frameworks. Key Responsibilities: KYC/CDD/EDD Compliance: Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on new and existing clients, identifying potential risks. Verify customer identity and business information through appropriate sources and documentation. Conduct risk assessments to categorize customers as low, medium, or high risk. Ensure compliance with regulatory frameworks, such as FATF, FinCEN, FCA, MAS, or local financial regulations. Escalate high-risk clients for senior-level approval and additional review. AML Monitoring & Investigation: Monitor transactions for suspicious activities, unusual patterns, or potential money laundering risks. Investigate flagged transactions and submit Suspicious Activity Reports (SARs) when necessary. Conduct periodic risk reviews of customer accounts based on their transaction behavior. Support regulatory audits and respond to inquiries from financial authorities. Regulatory Compliance & Reporting: Stay updated on AML laws, sanctions lists, and KYC best practices. Prepare reports for senior management and regulatory bodies on compliance performance. Work closely with internal teams, including risk management, legal, and operations, to ensure compliance is embedded in all business processes. Bachelors degree in Finance, Law, Business, or related field. 1-3 years of experience in AML, KYC, CDD, EDD within banking, fintech, or financial services. Experience with AML screening tools (e.g., World-Check, LexisNexis, or Actimize) and transaction monitoring systems. Share your resume at bindhumadhuri.b@twsol.com OR connect to 7075581700
