AML Transaction Monitoring Head

Skills

About the Role

You will lead the AML Transaction Monitoring and Investigation function, developing and maintaining policies, procedures, and guidelines while managing a team of Transaction Monitoring Associates and Specialists. You'll ensure end-to-end processes remain compliant with relevant regulations, create and enhance transaction monitoring alerts, and support internal and external audits. You'll analyze customer information and transaction patterns to assess suspicious activity, document investigations thoroughly, and ensure timely and correct AMLC reporting. You'll review and evaluate STR submissions, coach Transaction Monitoring Leads and Specialists, lead automation initiatives, and coordinate with other business units on AML investigation matters.

Requirements

• 3-5 years minimum experience in AML Transaction Monitoring and Investigation experience within a Banking/Financial Service Industry
• Relevant exposure in Covered Transaction (CTR) and Suspicious Transaction Reporting (STR)
• Strong familiarity in AMLC Registration and Reporting Guidelines (ARRG)
• Strong analytical skills, able to gather and present data well
• 3-5 years minimum experience in people handling is a MUST
• Supervisory experience is required
• Graduate of a 4-year business, accounting, law, or related course from a reputable institution
• A good team player and enjoys working in a fast-paced, high-intensity environment
• Motivated self-starter with a passion for payments and cryptocurrency industries
• Fluency in English with outstanding communication and presentation skills

Responsibilities

• Develop, implement, and maintain AML Transaction Monitoring and Investigation policies, procedures, and guidelines
• Manage a team of Transactions Monitoring Associates/Specialists
• Ensure that the AML Transaction Monitoring and Investigation end-to-end processes are compliant with updated and relevant regulations
• Create and enhance Transaction Monitoring Alerts
• Support internal and external audits and ad hoc information requests related to AML Transaction Monitoring and Investigation
• Analyze customer information and transaction patterns to assess whether alerted activity is normal
• Document investigations thoroughly and record evidence gathered that supports the conclusion
• Ensure the timeliness and correctness of AMLC reports
• Review and evaluate the STR submissions
• Conduct 1:1 coaching with Transactions Monitoring Leads and Specialist
• Lead automation initiatives to improve processes and streamline operations
• Coordinate with other business units on AML investigation-related matters