Key Responsibilities:
Assist in the development and implementation of transaction monitoring processes and procedures to detect and prevent potential compliance risks.
Conduct regular reviews and analysis of transactional data to identify unusual patterns or suspicious activities, and escalate findings as necessary.
Collaborate with cross-functional teams, including IT and operations, to enhance transaction monitoring systems and tools to improve efficiency and effectiveness.
Support the design and delivery of training programs and materials on transaction monitoring best practices for employees across the organization.
Assist in the coordination and management of compliance-related projects, including planning, scheduling, and tracking progress against goals and milestones.
Prepare reports and presentations on transaction monitoring activities and findings for senior management and regulatory agencies as required.
Stay informed about changes in laws and regulations related to transaction monitoring and compliance, and assist in updating policies and procedures accordingly.
Provide support and assistance to other members of the compliance team as needed.
Bachelor's degree in business, finance, law, or a related field; relevant coursework or certification in compliance or project management preferred.
Minimum of 1-3 years of experience in a compliance-related role, preferably with exposure to transaction monitoring or project management.
Strong analytical skills with the ability to interpret and analyze large volumes of data to identify trends and patterns.
Excellent organizational and time management skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
Proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
Strong communication and interpersonal skills, with the ability to effectively communicate complex concepts to diverse audiences.
Detail-oriented with a high level of accuracy and attention to detail.
Ability to work independently with minimal supervision and as part of a team in a fast-paced environment.
Knowledge of relevant laws and regulations, such as AML (Anti-Money Laundering) and KYC (Know Your Customer), is a plus.
