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Transaction Monitoring Executive

Job Seekers Ireland Financial Services Operations Financial Services

Job Summary

  • Dublin City Centre
  • Permanent
  • BBBH764240
  • Aug 07, 2020
  • Competitive
Job Description

Exciting Opportunity to Join a Growing Team as a Transaction Monitoring Executive

This is an exciting opportunity for a Compliance professional with 2 - 3 years' experience and an understanding of Anti Money Laundering and Countering the Financing of Terrorism legislation and requirements.

It's a varied and dynamic role where the core function is to support the prevention, detection and investigation of Anti Money Laundering and Countering the Financing of Terrorism issues whilst taking into consideration all Compliance and Operational Risks

KEY RESPONSIBILITIES

  • Managing the activity of the Transaction Monitoring Team to successfully detect and investigate AML/ CFT issues.
  • Providing consistent detailed documented rationales for decisioning alerts aligned with the AML/CFT Policy and Procedures and optimising transaction monitoring and scenario based detection rules to address key identified emerging risks.
  • Conducting investigative research on a risk based basis of all irregularities identified across the full universe of transactions.
  • Completing a detailed review of potential Suspicious Transactions.
  • Documenting findings clearly on all potential Suspicious Transactions investigated setting out a clear rationale for recommending to the Money Laundering Reporting Officer in each instance whether to close the case or escalate the findings to the regulatory authorities.
  • Compiling Suspicious Transaction Reports and reporting same to the Money Laundering Reporting Officer to a standard that can be reported to the appropriate regulatory authorities, providing all required supporting information.
  • Responding to additional information requirements from the Money Laundering Officer in relation to Suspicious Transactions and interacting with the Investigations Department in relation to all actual and potential fraudulent activity.
  • Enhancing on an ongoing basis the procedures and guidelines for the Transactions Monitoring operations including the documenting of all procedural/guidance changes.
  • Providing detailed Management Information, including Key Performance Indicators, to Senior Management at a minimum on a monthly basis

KEY REQUIREMENTS:

  • 2 - 3 years' experience and an understanding of Anti Money Laundering (AML) and Countering the Financing of Terrorism (CFT) legislation and requirements
  • Financial Services experience
  • Relevant compliance qualification or working towards
  • Previous experience working to tight deadlines
  • Strong Communication skills

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.

Consultant Details

Consultant Details

jack-mccarthy
Jack McCarthy
  • Consultant
  • 353 (0) 1 4321556
  • jmccarthy@morganmckinley.com