Transaction Monitoring Specialist

Job Title: Transaction Monitoring Specialist

Location:Hyderabad, TS

Job Type:9 Months Contract

Job Description:

We seek a highly skilled Transaction Monitoring Specialist to join our compliance team. The ideal candidate will have a strong background in transaction monitoring, with a keen eye for identifying suspicious activities and ensuring compliance with regulatory requirements.

Key Responsibilities:

• Transaction Monitoring:Conduct thorough monitoring of transactions to identify unusual patterns, structuring, and red flags.
• Integration Stages:Provide examples and insights into various integration stages, including OFAC (Office of Foreign Assets Control) checks and negative media searches.
• Suspicious Activity Detection:Identify and investigate suspicious check deposits, potential identity theft, and other fraudulent activities.
• FIFO Explanation:Explain and apply the FIFO (First In, First Out) method in transaction monitoring processes.
• Crypto Knowledge:Maintain a basic understanding of cryptocurrencies and platforms to monitor related transactions effectively.

Qualifications:

• Proven experience in transaction monitoring and compliance.
• Familiarity with OFAC regulations and negative media search techniques.
• Strong analytical skills to detect structuring and patterns in transactions.
• Knowledge of red flags associated with financial crimes.
• Experience in identifying and investigating suspicious activities, including check deposits and identity theft.
• Basic understanding of cryptocurrencies
• Excellent communication and reporting skills.
• Ability to work independently and as part of a team.

Preferred Qualifications:

• Certification in Anti-Money Laundering (AML) or related fields.
• Experience with transaction monitoring software and tools.
• Knowledge of financial regulations and compliance standards.

How to Apply:

• Interested candidates are invited to submit their resume and cover letter.