Analyst - Central EDD

As an Analyst- Central EDD in the Risk department, your role is crucial in detecting potential mule/suspicious accounts early on to mitigate risks related to financial crimes. You will monitor, review, and investigate financial transactions to ensure the security and integrity of the accounts. Key Responsibilities: - Monitor and review accounts flagged by automated systems for unusual or suspicious activity. - Conduct in-depth analysis of flagged accounts, including examining transaction details, account history, and customer information. - Evaluate transaction patterns to detect deviations from normal customer behavior. - Provide comprehensive narratives and summaries of reviews to support decision-making processes. - Identify trends, anomalies, and root causes of suspicious activities. - Recognize patterns and typologies indicative of financial crime. - Communicate with customers to gather transaction details before making decisions on actionable steps. - Maintain clear communication with branches to enhance customer due diligence and conduct site verifications for flagged accounts. - Participate in cross-departmental discussions to stay informed about emerging risks and trends. - Offer feedback on transaction monitoring tools and thresholds to enhance detection accuracy. Qualification Required: - Graduation in Bachelor of Science (B.Sc.), Bachelor of Technology (B.Tech), Bachelor of Computer Applications (BCA), Bachelor of Commerce (B.Com), or Bachelor of Business Administration (BBA). - Post-graduation in MBA or PGDM. - 2 to 5 years of relevant experience in the field. (Note: No additional details of the company were provided in the job description.),