As a SeniorTransaction Monitoring Analyst within the Risk function, you will be responsible for monitoring fund transfers across the bank to detect and report suspicious activities, including potential Anti-Money Laundering (AML) concerns. This role involves investigating flagged transactions, preparing Suspicious Transaction Reports (STRs), and advising business units on AML-related risks. You will also support the development of risk strategies and contribute to the bank’s broader compliance and customer-first objectives through data analysis and trend identification.
Key Responsibilities
Primary Responsibilities
Investigate suspicious activities across all types of fund transfers.
Perform AML monitoring for assigned business units and support independent reviews and investigations.
Aggregate data from multiple sources to provide comprehensive risk assessments.
Prepare and submit Suspicious Transaction Reports (STRs) in accordance with regulatory and internal guidelines.
Advise business units on AML-related risks and suspicious activity patterns.
Identify economic and financial trends that may pose risks to the bank.
Ensure strict adherence to internal policies and regulatory requirements.
Secondary Responsibilities
Support the development of risk strategies and processes that align with the bank’s customer-first approach and strategic objectives.
Collaborate with internal stakeholders to enhance monitoring frameworks and improve operational efficiency.
What We Are Looking For
Education
Graduation: Full time graduate in any discipline from a recognised institution.
Experience
Minimum of 8 years of total experience in transaction monitoring, AML investigations, or related risk functions within BFSI industry.
Skills and Attributes
Solid analytical and investigative skills with attention to detail.
Valuable understanding of AML regulations and compliance frameworks.
Ability to interpret complex data and identify suspicious patterns.
Effective communication and report-writing skills.
Proficiency in using data aggregation tools and risk monitoring systems.
Cooperative mindset with the ability to work across teams and functions.
📌 Senior Transaction Monitoring Analyst Mumbai
🏢 IDFC FIRST Bank
📍 Mumbai
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