AML Sanctions Specialist L1

We are looking for a motivated Analyst with a passion for BFSI BPS. As an Analyst / Reviewer you will be responsible for Reviewing the alerts triggered related to Sanctions. You will work closely with a team of experienced professionals to Leads / Delivery Mangers.

• Basic understanding of AML regulations:
  Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
• Analytical skills:
  Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
• Attention to detail:
  High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.
• Investigative skills:
  Capability to gather and assess information from various sources to support decision-making
• Basic knowledge of financial products and services:
  Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities.
• Basic investigation:
  Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
• Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed
• Alert disposition:
  Deciding whether to –
• close an alert as non-suspicious with no further action recommended
• escalate it to a higher level for more robust & thorough investigations
• Compliance adherence:
  Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures

• 1-5 years of experience in Sanctions Screening / Transaction Monitoring / Fraud Investigation.
• Knowledge of MS office especially Excel & Word.
• Experience in performing external research.
• Excellent communication skills and ability to work in a team environment.