FCI:DTM - Lead - Transaction Monitoring

No of VacanciesReports toAVPIs a Team leaderY/NTeam SizeGradeDM / MBusinessDigital Transactions MonitoringDepartmentDTMSub-DepartmentLocationAiroliAbout DTMThe Digital Transaction Monitoring department monitors all the transaction undertaken through the bank s system and through peer banks The team monitors customer transactions on a daily basis or in real-time for risk The transactions monitored can include cash deposits and withdrawals, wire transfers, and ACH activity The department aims to identify and protect the institution from any transactions that may lead to money laundering and terrorist ficing and result in the institution filing relevant Suspicious Activity Reports (SARs)AbouttheRoleThe DTM Transaction Monitoring Team aims to mitigate the fraud risk of the customers onboarded through validation of documents, investigation and KYC checks using the best in class technology platforms like Hunter, Uniphore, Fraud Guard etc The Analyst is also responsible for analysing observed fraud trends and developing robust fraud control measuresInvestigate and detect fraudulent / highly irregular transactionsInvestigate into the transaction s generated by the system and detect frauds / highly irregular transactions close to their occurrencesDevelop and implement strategies for automation and digitisation of FCM processesQualificationsGraduate/ MBA preferredAdditional Certificate course related to Banking sectorRole ProficienciesKnowledge of banking products and servicesKnowledge of regulatory guidelines and normsGood communication (both verbal and written) skill in both English and the local languageAbility to manage complex client situationsAbility to manage risk and uncertainty for self and team within a dynamic priority-setting environmentAbility to handle pressure and meet deadlines