Job Description
Compliance Analyst is responsible to ensure efficient identification and monitoring of alerts, scenarios and suspicious activities / transaction in the Bank and ensure timeous review of alerts and cases, review and reporting of cases to the Team leader and closure of alerts and tracking of cases reported to Team leader for proper closure.
Job Responsibilities:
· Alert Monitoring
· To review alerts generated by AML system or monitoring based on exception reports · To analyze transactions vis-a-vis customer profile and establish Bonafide of the transaction or identify as suspicious · Carry out enhanced due diligence (including media search) for cases found to be suspicious as per initial review · To liaise with branches / operations / product teams for clarifications on the alerts and/or report based monitoring · To update in the AML system and/or maintain records with reasonably non-arbitrary justification for closure of non suspicious alerts /...