IBM - Hiring For Process and Sr. Process Analyst (TM/ AML)

Job Summary

Analysts engage in risk, compliance, and financial crimes projects to serve Promontory clients within the banking and finance industry helping them meet and exceed regulatory expectations. Analysts are expected to positively contribute to Promontory's success in a variety of areas, including BSA, anti-money laundering surveillance and reporting assistance, OFAC sanctions compliance, and other areas relevant to todays heightened regulatory climate.

Analysts must possess excellent writing, research, analytical, and critical thinking skills, and other applicable experience that leads to success in the role, such as strong work ethic and natural curiosity. Analysts must be able to judiciously analyze, assess, and write clearly and concisely. The nature of this work requires individuals to be flexible, learn new skills, work within time constraints, and meet uncompromising quality requirements and production expectations while working closely with others in a dynamic team environment.

Principal Responsibilities:

+ Apply logic and strong reasoning skills to conduct research for case analysis.

+ Use sound decision-making skills to make recommendations based on research results.

+ Compose comprehensive supporting narratives

+ Interpret and apply project policies and procedures to direct work.

+ Maintain high work product quality as outlined by each project specifications.

+ Ensure work adheres to defined engagement policies and procedures

+ Manage work efficiently to meet production goals and project deliverables.

+ Contribute to developing individual and project goals and execute on tactical strategies for goal attainment.

Knowledge, Skill, and Ability Requirements:

+ 1+ year prior AML experience

+ Compliance experience at a financial institution is

+ Retail banking experience is

+ The ability to work independently, take initiative, and able to adapt to change.

+ Ability to quickly understand and maintain current know3ledge of banking regulations, concepts, and issues.

+ Quickly learn new applications and client systems to conduct research.

+ Exercise sound judgment and observe the highest degree of confidentiality.

+ Adept at multi-tasking and meeting deadlines in high-pressure environment.

+ Results oriented team player with strong initiative and flexibility.

+ Strong analytical and problem-solving abilities.

+ Superior writing skills with the ability to convey ideas clearly and succinctly.

+ Exemplary customer service towards both internal and external parties.

+ Exceptional research and processing skills with the ability to analyze large data sets, decipher higher risk attributes (transactional, geographical, product, customer type, etc.), and disposition appropriately.

+ Demonstrate competency with computers, including proficiency with all Microsoft Office products, and should have prior experience with a variety of computer database and testing systems.

Common Areas of Involvement:

+ Anti-Money Laundering (AML) Alerts

• Review alerts generated by client systems for anomalous or potentially suspicious activity

• Review Know Your Customer (KYC) data for the focal client

• Analyze account transaction histories to identify activity indicative of money laundering, terrorist funding, or other potentially unusual or suspicious activity

• Conduct due diligence research on focal party and key counterparties

• Compare research and analysis to alert typology and close or escalate based on the review

Know Your Customer (KYC) Remediation Consumer/Personal

• Review KYC alerts generated by client systems for new customer or ongoing KYC review/remediation

• Review customer profile details and any KYC gaps

• Review customer documentation for validity, completeness, and any required notary services

• Update customer profile details with incoming data from documentation and KYC questionnaires

Click on the link and apply to the position before 07th March 2025

Shortlisted candidates will receive a confirmation email to attend the in-person face to face interview.