transaction monitoring analyst, commercial bank.

Our client is a leading commercial bank in Hong Kong. Seeking a Transaction Monitoring Analyst to join the AML team.

Job Duties

• Collaborate with the Manager to review and investigate suspicious activities and alerts, including those generated from the Transaction Monitoring System, name screening systems, and intelligence from law enforcement or regulatory bodies.
• Monitor and analyze suspicious activities and trends to enhance the effectiveness and efficiency of detection and monitoring mechanisms.
• Assist the Team Manager in preparing comprehensive investigation reports that include supporting information and well-articulated recommendations for external reporting to the JFIU or for alert closure.
• Identify and address potential risks or escalated issues in collaboration with functional partners and key stakeholders.
• Leverage information from regulatory changes, new regulations, and internal policy updates to identify emerging key risk areas.
• Analyze comparative data, prepare, and present reports related to AML risk assessments, and monitor AML-related issues and escalations.
• Conduct thorough investigations of suspicious transactions and file detailed and accurate Suspicious Transaction Reports (STRs).

Requirements

• Minimum of two years of experience in Transaction Monitoring, AML, or FCC-related roles within the banking industry or related sectors.
• Proven experience in writing and preparing Suspicious Activity Reports (SARs).
• Previous experience in retail banking is preferred.
• ACAMS or AAMLP certification is a plus.
• Bachelor’s degree or higher.
• Strong teamwork and communication skills in English and Chinese.