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AML Transaction Monitoring Lead Job Locations IN-KA-Bengaluru Requisition ID Category (Portal Searching) Compliance Position Type (Portal Searching) Experienced Professional Overview Connecting clients to markets and talent to opportunity With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets focusing on innovation, human connection, and providing world-class products and services to all types of investors. At StoneX, we offer you the opportunity to be part of an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem. As a team member, youll benefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high-touch support, and deep industry expertise. Elevate your career with us and make a significant impact in the world of global finance. Responsibilities Position Purpose: The primary purpose of the role is to ensure the robustness and effectiveness of the transaction monitoring process within STONEX. The role plays a critical role in safeguarding the integrity of STONEX s financial operations and mitigating potential risks to the business and its stakeholders. General Duties Regulatory Compliance: Stay up to date with relevant regulations, guidelines, and best practices related to transaction monitoring, such as Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Know Your Customer (KYC) requirements Risk Identification and Assessment: Analyse financial transactions to identify potential risks and patterns of money laundering, fraud, and other financial crimes, and assess the severity of these risks based on established criteria Alert Investigation: Review alerts generated by the transaction monitoring system, conduct in-depth investigations to determine the legitimacy of flagged transactions, and escalate suspicious activities to the Head of Transaction Monitoring Process Improvement: Continuously assess the transaction monitoring processes, procedures, and controls, and recommend enhancements Team Coaching and Mentorship: the ability to coach and mentor other team members effectively to ensure transaction monitoring reviews meet established standards through guidance and support. Training and Awareness: Develop and deliver training programs to educate associates on transaction monitoring regulatory obligations, emerging trends in financial crimes, transaction analysis, and alert investigations MI and KPI Reports: Prepare weekly and monthly MI and KPI reports for the Head of Transaction Monitoring and senior management Qualifications Knowledge and Experience Strong understanding of financial crime prevention requirements in regulated financial institutions Minimum 3 years of experience in transaction monitoring as a senior or SME Knowledge of regulatory reporting and regulatory operations Excellent critical thinking, with the ability to analyse situations and solve problems. Qualifications and Skills Bachelors degree in Business Management , Law, or other appropriate discipline Strong and efficient decision-making skills with the ability to use judgment and operate autonomously when required Effective planning, organisational, and time management skills Strong relationship-building and communication skills Exceptional proficiency in the English language is required for this role #LI-Hybrid #LI-SC1 Options Apply for this job online Apply Share Email this job to a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed
