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Form of workWith a startup spirit and 115,000 curious and courageous minds, we have the expertise to go deep with the world's biggest brands-and we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We're harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.
Now, we're calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better.
Welcome to the relentless pursuit of better. Inviting applications for the role of Assistant Manager, Senior Production Agent, Transaction Monitoring level 2 In this role, you will be responsible for executing advanced transaction monitoring activities and ensuring compliance with regulatory requirements, specifically related to the identification and reporting of suspicious activities. This role involves conducting in-depth analysis of financial transactions, detecting potential anomalies, and preparing comprehensive SARs in accordance with regulatory guidelines.
Responsibilities: Perform advanced transaction monitoring activities at Level 2, including analyzing complex financial transactions, customer account activity, and transaction patterns to identify potential indicators of suspicious behavior. Conduct in-depth analysis of alerts generated by the transaction monitoring system, reviewing transaction details, customer profiles, and supporting documentation to assess the legitimacy and risk level of flagged activities. Identify transactions and activities that meet the criteria for SAR filing based on established thresholds, red flags, and regulatory guidelines.
Prepare and submit SARs to the appropriate regulatory authorities in a timely and accurate manner, ensuring compliance with regulatory requirements and internal policies. Conduct thorough investigations into flagged transactions and suspicious activities, gathering additional information, analyzing transaction data, and documenting findings. Prepare comprehensive investigation reports and SAR narratives, detailing the nature of suspicious activities, supporting evidence, and recommended actions for regulatory reporting and further review.
Ensure compliance with anti-money laundering (AML), counter-terrorism financing (CTF), and other regulatory requirements related to SAR filing and transaction monitoring. Assist in quality assurance activities, reviewing the work of junior production agents, providing feedback, and ensuring accuracy and completeness of investigations and SAR documentation. Collaborate with cross-functional teams, including compliance, legal, risk management, and law enforcement agencies, to share information, coordinate investigative efforts, and address compliance issues.
Communicate effectively with internal stakeholders and external parties, such as regulators and law enforcement authorities, regarding SAR filings, compliance matters, and investigation outcomes. Consult and collaborate with colleagues to develop your own investigations and to help others with theirs, adopting and sharing best practices, techniques, and knowledge over time, with a focus on driving continuous improvement in both your own investigations and that of the broader team Qualifications we seek in you! Minimum qualifications L1/L2: 3 years of compliance experience Significant experience in transaction monitoring, financial crimes compliance, or related roles within the financial services industry, with a strong understanding of Level 2 transaction monitoring processes and SAR filing requirements.
Proven track record of preparing and submitting SARs in accordance with regulatory guidelines and requirements. Advanced Communication and Presentation skills Influencing skills Problem-solving and decision-making Preferred Qualifications/Skills Relevant work experience with experience in Correspondent Banking TM investigations, dealing with major Financial Institutions, PSP, and other payments providers, etc. preferably in reputable financial services organizations.
Expert understanding of how money laundering, terrorist financing, and tax evasion are executed, why, the differences between them, and their impacts - especially in the context of Correspondent Banking and PSPs. Expert skills in conducting effective TM investigations, including in data and transaction analysis, research, and documentation. Developed understanding of the global financial system and banking as well as the regulatory environment and the impacts of non-compliance.
Fluent in English, reading, and writing. Knowledge of Banks, Crypto exchanges, transaction types/flows, and financial crime risks. Professional certification for Correspondent Banking (CAMS, ICA, or equivalent) is a plus Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws.
Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
