AML Transaction Monitoring
Welcome to Barclays, a leading global bank committed to protecting against financial crime. We are currently seeking a highly motivated and detail-oriented individual to join our team as an AML Transaction Monitoring Analyst. In this role, you will play a critical role in identifying and reporting any suspicious activity in our customers' transactions, ensuring compliance with anti-money laundering (AML) regulations and providing support to our risk management efforts. We are looking for someone who is passionate about financial integrity and has a strong understanding of AML regulations and transaction monitoring processes. If you are ready to make a difference and contribute to a safer financial system, we invite you to apply for this exciting opportunity.
- Monitor and analyze customer transactions for potential suspicious activity in accordance with AML regulations and company policies.
- Conduct thorough investigations of any identified suspicious transactions, gather evidence and prepare detailed reports to be submitted to relevant authorities.
- Utilize various tools and techniques to identify patterns and trends that may indicate money laundering or other financial crimes.
- Collaborate with other departments and teams to ensure a comprehensive and coordinated approach to financial crime risk management.
- Stay updated on relevant AML laws, regulations and industry best practices to ensure compliance and provide guidance to colleagues.
- Identify and report any gaps or weaknesses in the company's AML processes and procedures, and make recommendations for improvements.
- Provide training and support to other team members on AML transaction monitoring and related processes.
- Maintain accurate and organized records of all investigations and reports.
- Work closely with law enforcement and regulatory agencies as needed.
- Uphold the company's commitment to protecting against financial crime and promoting financial integrity.
Knowledge Of Anti-Money Laundering (Aml) Regulations And Compliance: The Ideal Candidate Should Have A Strong Understanding Of Aml Regulations And Compliance Requirements, Including The Bank Secrecy Act (Bsa), Usa Patriot Act, And Other Relevant Laws And Regulations. This Will Ensure They Are Able To Effectively Monitor And Detect Potential Money Laundering Activities.
Experience With Transaction Monitoring Systems: Familiarity With Transaction Monitoring Systems Such As Actimize, Mantas, Or Fircosoft Is Essential For This Role. The Candidate Should Have Hands-On Experience In Using These Systems To Identify And Investigate Suspicious Transactions.
Analytical Skills: Aml Transaction Monitoring Involves Analyzing Large Volumes Of Data In Order To Identify Potential Money Laundering Activities. The Candidate Should Be Highly Analytical And Have The Ability To Identify Patterns And Trends In Data That Could Indicate Suspicious Activity.
Communication And Collaboration Skills: A Successful Aml Transaction Monitoring Analyst At Barclays Should Have Excellent Communication And Collaboration Skills. They Will Need To Work Closely With Other Members Of The Compliance Team And May Also Need To Liaise With Other Departments Within The Bank. Strong Communication Skills Will Ensure Effective Collaboration And Timely Resolution Of Potential Aml Issues.
Attention To Detail: Aml Transaction Monitoring Is A Highly Detail-Oriented Role. The Candidate Should Have Excellent Attention To Detail And Be Able To Spot Anomalies Or Irregularities In Data That May Indicate Potential Money Laundering. This Skill Is Crucial In Order To Ensure The Bank Remains Compliant With Aml Regulations And To Prevent Any Potential Financial Crimes.
Data Analysis
Case management
Risk assessment
Investigative skills
Compliance review
Fraud detection
Regulatory Knowledge
Pattern Recognition
Anti-Money Laundering
Suspicious Activity
Transaction Tracking
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Active Listening
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a AML Transaction Monitoring in Whippany, Hanover, NJ 07981, USA is $60,000 - $80,000 per year. However, this can vary depending on factors such as the specific job responsibilities, experience level, and the company's size and industry. It is important to research the specific company and job posting for a more accurate salary range.
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Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.
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