Process Associate - AML/KYC- Transaction Monitoring

Job Family:

Travel Required:

Clearance Required:

PRIMARY DUTIES AND RESPONSIBILITIES

• Analyzing customer’s transactions for evidence of money laundering, fraud, or other illegal activities. Follow-up, review, and investigate ‘unusual activity’ and ‘Red flags’ and escalate to concerned team.
• Applying research and analytic techniques to digest complex information sets in order to make logical and adequately supported determinations regarding unusual and potentially suspicious activity.
• Daily review and analysis of surveillance items flagged as potentially suspicious transactions or exceptions.
• Assisting in drafting and filing of investigative reports.
• Perform due diligence file review and remediation programs for international private banks, corporates etc.
• Conducting an end-to-end and meticulous review of potential illegal or suspicious activity.
• Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries.
• Assessment of customer profiles and client data to identify whether activity is consistent with typical purchasing/payment activity, including Acceptable Use Policy adherence and Know Your Customer efforts; and
• Documenting findings in narrative style format, in the manual and automated process case management system and prepare updates to Project Managers / Team Leads as appropriate.

SKILLS and OTHER REQUIREMENTS

• 1 to 2 years’ experience working with a financial institution/ global Bank in compliance, and regulatory functions.
• Performing complete Transaction Monitoring reviews & Risk assessment (including CDD, EDD reviews) of the client’s customer’s profile.
• Experience working in AML compliance functions would be preferred especially in Transaction Monitoring and Due Diligence space.
• Ability to detect and mitigate red flags for potential financial crime, including money laundering, terrorism financing activities and fraud, as it appears in transactional data.
• Good computer skills (Strong proficiency in Microsoft Excel and Word.)
• Good English Comprehension skills and English communication skills - written and verbal.
• The ability to quickly learn new skills and subject matter.
• The ability to apply newly acquired skills using logic and reasoning to sets of transaction data.
• The ability to multi-task and effectively prioritize tasks.
• A highly motivated, driven, and dynamic attitude towards work and career.
• The ability to excel within a team environment and independently.
• Willingness to work in extended shifts, weekends/holidays and night shifts (work as per the project requirements to meet the project goals).

QUALIFICATION and Experience

• 1+ Mandatory years of experience working with a financial institution/ global Bank in AML compliance, and regulatory functions.

What We Offer:

Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

About Guidehouse

Guidehouse is an Equal Opportunity Employer–Protected Veterans, Individuals with Disabilities or any other basis protected by law, ordinance, or regulation.

Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.

If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.

All communication regarding recruitment for a Guidehouse position will be sent from Guidehouse email domains including @guidehouse.com or [email protected].  Correspondence received by an applicant from any other domain should be considered unauthorized and will not be honored by Guidehouse.  Note that Guidehouse will never charge a fee or require a money transfer at any stage of the recruitment process and does not collect fees from educational institutions for participation in a recruitment event. Never provide your banking information to a third party purporting to need that information to proceed in the hiring process.

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Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.