AML/KYC/ Fraud Analyst

AML/KYC/Fraud Analyst

Roles and Responsibilities:

• Conduct comprehensive investigations into suspicious transactions and activities to identify potential money laundering, terrorist financing, or fraudulent behavior.
• Perform Know Your Customer (KYC) due diligence on new and existing clients, including reviewing documentation, conducting background checks, and assessing risk profiles.
• Analyze complex financial data, transaction patterns, and customer information to detect anomalies and red flags indicative of illicit activities.
• Prepare detailed Suspicious Activity Reports (SARs) or other necessary reports for submission to relevant regulatory authorities.
• Stay updated with the latest AML, KYC, and fraud prevention regulations, industry best practices, and emerging threats.
• Collaborate with internal teams, including compliance, legal, and risk management, to ensure adherence to regulatory requirements.
• Assist in the development and implementation of fraud detection and prevention strategies and controls.
• Respond to inquiries from internal and external auditors regarding AML, KYC, and fraud-related matters.
• Maintain accurate and organized records of all investigations, findings, and resolutions.

Skills Requirement:

• Strong analytical and investigative skills with keen attention to detail.
• In-depth understanding of

  Anti-Money Laundering (AML)

  principles, regulations, and best practices.
• Solid knowledge of

  Know Your Customer (KYC)

  processes and customer due diligence.
• Experience in

  fraud detection and prevention methodologies

  .
• Ability to analyze large datasets and identify suspicious patterns.
• Familiarity with financial crime compliance software and tools is a plus.
• Excellent written and verbal communication skills for reporting and interaction with various stakeholders.
• Strong ethical compass and commitment to regulatory compliance.
• Ability to work independently and as part of a team in a fast-paced environment.

QUALIFICATION:

• Bachelor's degree in Finance, Economics, Criminology, Business Administration, or a related field. Professional certifications such as ACAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) are highly desirable.