FCI:DTM - Transaction Monitoring Team
INTERNAL USAGE:
No. of Vacancies:Reports to:AVP
Is a Team leaderY/NTeam Size:
Grade:DM / M
Business:Digital Transactions MonitoringDepartment:DTMSub-Department:
Location:Airoli
About DTM
The Digital Transaction Monitoring department monitors all the transaction undertaken through the bank's system and through peer banks. The team monitors customer transactions on a daily basis or in real-time for risk. The transactions monitored can include cash deposits and withdrawals, wire transfers, and ACH activity. The department aims to identify and protect the institution from anytransactionsthat may lead to money laundering and terrorist financing and result in the institution filing relevant Suspicious Activity Reports (SARs).
AbouttheRole
The DTM Transaction Monitoring Team aims to mitigate the fraud risk of the customers onboarded through validation of documents, investigation and KYC checks using the best in class technology platforms like Hunter, Uniphore, Fraud Guard etc.



The Analyst is also responsible for analysing observed fraud trends and developing robust fraud control measures
Key Responsibilities

- Investigate and detect fraudulent / highly irregular transactions.
- Investigate into the transaction s generated by the system and detect frauds / highly irregular transactions close to their occurrences.
- Develop and implement strategies for automation and digitisation of FCM processes

Qualifications

Optimal qualification for success on the job is:

- Graduate/ MBA preferred
- Additional Certificate course related to Banking sector

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

- Knowledge of banking products and services
- Knowledge of regulatory guidelines and norms
- Valuable communication (both verbal and written) skill in both English and the local language
- Ability to manage complex client situations
- Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
- Ability to handle pressure and meet deadlines

📌 FCI:DTM - Lead - Transaction Monitoring (Mumbai)
🏢 Axis Bank
📍 Mumbai