Transaction Monitoring Expert
3 days ago
Are you looking for a challenging and rewarding career in financial services?
About the JobWe are seeking a highly skilled Financial Services Compliance Specialist to join our team in New York. The successful candidate will be responsible for reviewing alerts in transaction and customer screening, as well as ensuring compliance with regulatory requirements and bank policies.
In this role, you will participate in system testing and implement system upgrades to ensure the integrity of systems and processes for transaction monitoring. You will also maintain oversight on movement of funds into and out of hold over account for suspended funds cases.
This is an exciting opportunity to work in a dynamic and fast-paced environment, where you will have the chance to make a real impact on our business.
Key ResponsibilitiesYour key responsibilities will include:
- reviewing alerts in transaction and customer screening
- ensuring compliance with regulatory requirements and bank policies
- participating in system testing and implementing system upgrades
- maintaining oversight on movement of funds into and out of hold over account for suspended funds cases
To be successful in this role, you will need:
- a strong understanding of legal aspects and recordkeeping requirements of banking regulations relating to money transfer (especially OFAC, AML, BSA, USA PATRIOT Act)
- a thorough knowledge of market practices related to foreign and domestic money transfers
- a strong level knowledge of banking policies, statutory and compliance regulations
- ability to interpret changes in the regulatory framework and implement in investigative review of stopped payments and customer relationships
We offer a competitive portfolio of benefits to our employees, including:
- a comprehensive health insurance plan
- a 401(k) retirement savings plan
- a generous paid time off policy
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