AML & Prohibited Activities (Investigations) Analyst (6 months contract)

Overview

Alert review and investigations analyst within Tide's Ongoing Monitoring team (first line of defence), monitoring SME member activity to prevent, detect and report financial crime. Six-month contract.

What you'll do

• Monitor and investigate alerts generated by automated transaction monitoring and sanctions screening systems.
• Conduct comprehensive, risk-based reviews of customer accounts and transaction histories to identify suspicious patterns or activities that deviate from a customer's normal behavior.
• Synthesize information from customer profiles (KYC/CDD), public records, adverse media and internal data.
• Assess transactional activity in the context of financial crime typologies across a variety of payment types and financial products.
• Draft a concise, yet comprehensive report on findings before discounting an alert or reporting suspicious activity.
• Contact members via email, chat or phone to seek additional contextual information without tipping off.
• Contact representatives of partner banks via email where a financial crime investigation is required.
• Draft and present detailed, well-reasoned SAR recommendations to experts responsible for filing SARs with regulatory authorities.
• Construct a clear, concise and defensible narrative outlining the suspicious activity, the investigative steps taken and the rationale for the recommendation.
• Ensure all supporting documentation and evidence is accurately compiled and included in the case file for audit purposes.
• Analyze potential sanctions hits against international lists (e.g., OFAC, EU, UN, HMT) for cross-border payments, applying a risk-based approach to separate true matches from false positives.
• Escalate confirmed sanctions hits to management immediately for asset blocking or reporting.
• Gain in-depth understanding of the technology and tools used in alert review and analysis, and proactively call out efficiencies in tools and processes.
• Manage your own caseload to meet performance targets (productivity, quality and customer experience).
• Participate in internal and external training on fraud detection and prevention and other day-to-day subjects.
• Treat Tide members fairly by taking responsibility to ensure their needs are met.
• Make recommendations for process improvements to prevent future occurrences of fraud.
• Establish good relationships with departments across the organisation to ensure operational synergy.

What you'll need

• 2 to 4+ years of experience in a transaction monitoring or financial crime risk related role in financial services.
• Good understanding of financial crime typologies including money laundering, terrorist financing, fraud, sanctions evasion, bribery, tax evasion and suspicious activity reporting.
• Understanding of financial crime in a global financial set-up, with specific focus on UK and Europe geography.
• Ability to use expert judgement to recommend whether a case warrants filing of a Suspicious Activity Report (SAR).
• Keen eye for process improvements, looking at how to work leaner and more robustly.
• Analytical mind, able to digest large data sets and spot patterns and trends with ease.
• Exceptional written and verbal communication skills, able to communicate with members (including by telephone), internal stakeholders and regulatory bodies if required.
• C1/C2 level of spoken and written English.

Details

• Location: Hyderabad, India.
• Employment: six-month contract.
• Five working days with two days off, not necessarily weekends; open to flexible shift timings and patterns.