TCS, a global leader in IT services, consulting, and business solutions, leverages technology for business transformation and helps catalyze change.
AML Analyst
Key job responsibilities:
- Reviewing alerts: Analyzing AML alerts generated in FCRM, and look for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc.
- Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
- Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customer's expected activity.
- Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
- Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
- Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended escalate it to a higher level for more robust & thorough investigations
- Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update
- Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures.
Key Skills:
- Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
- Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
- Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.
- Investigative skills: Capability to gather and assess information from various sources to support decision-making
- Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities
TCS Employee Benefits Summary:
• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.
#LI-SS3
...Administrative Assistant/Transcriptionist to provide transcription and administrative support at the Naval Medical Center San Diego (NMCSD). This role requires an... ..., and record-keeping skills. Ability to work independently and efficiently in a fast-paced setting...
...This position is full-time, non-exempt, and is covered under the Saint Joseph Probate Court Employee Policy Manual. Incumbent serves as Probation Officer for St. Joseph Probate Court, responsible for conducting preliminary inquiries, pre-disposition investigations with...
...ROLE SUMMARY: Operate, monitor and maintain all wastewater treatment processes and equipment in a manner to ensure compliance with state... ...and maintenance of industrial or municipal wastewater or water treatment plants. Work independently with minimal supervision...
...convictions in the past three years, no drivers license suspensions in the past three years. Minimum of six months of commercial driving experience (any industry) OR three months of driving experience in the food and beverage delivery industry required. Must be...
Job Ad for Allstate Insurance Agency at a busy San Jose dealership Allstate Insurance Agency is currently looking to hire a Licensed Sales Professional to add to our Team. The Insurance Business inside the car dealership has a fast paced environment and closes most...