Asia Transaction Monitoring Analyst

About the Company

Responsibilities

• ● Manage alerts related to Politically Exposed Persons, Counter Terrorism Financing, adverse media, sanctions and custom lists.
• ● Investigate and assess alerts raised within the enterprise wide compliance programme to identify potential money laundering or terrorism financing activities.
• ● Investigate high risk customer profiles, determine risk levels and escalates findings according to process and procedures.
• ● Coordinate closely with the Front Office, Financial Crime Compliance Team, Sanctions Officer Group, WIB Specialist Team and Operations Teams to ensure seamless communication and consistency.
• ● Perform alerts review and escalation to the Financial Crime Compliance Manager while meeting alert processing SLAs.
• ● Ensure quality and accuracy of investigations in line with global policies, procedures and regulatory requirements.
• ● Participate in non core tasks such as management information reporting, system testing, policy and procedure enhancements, and ad hoc projects assigned by the manager.
• ● Collaborate with various stakeholders to support the overall transaction monitoring function.

Requirements

• ● 2-3 years of experience in transaction monitoring.
• ● Good knowledge of anti money laundering legislation and regulation.
• ● Strong understanding of transaction monitoring, including name screening and funds flow across trade finance, financial markets, commodities, corporate and institutional banking.
• ● Banking industry knowledge in operations.
• ● Experience working with Asian markets, particularly Singapore.
• ● ACAMS certification or International Compliance Association diploma is an advantage.

Benefits

• ● Opportunities for career development and internal progression.
• ● Flexible working arrangements.
• ● Supportive, can do team environment.
• ● Commitment to diversity, inclusion and equal opportunity.
• ● Being part of the broader Westpac Group family.