As an Analyst / Reviewer you will be responsible for Reviewing the alerts triggered related to Sanctions. You will work closely with a team of experienced professionals to Leads / Delivery Managers.
Key Responsibilities:
• Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
• Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
• Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.
• Investigative skills: Capability to gather and assess information from various sources to support decision-making
• Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities.
• Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
• Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed
• Alert disposition: Deciding whether to
o close an alert as non-suspicious with no further action recommended
o escalate it to a higher level for more robust & thorough investigations
• Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures
Skill Requirements:
• 1-5 years of experience in Sanctions Screening / Transaction Monitoring / Fraud Investigation.
• Knowledge of MS office especially Excel & Word.
• Experience in performing external research.
• Excellent communication skills and ability to work in a team environment.
TCS Employee Benefits Summary:
• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Re financing.
Salary Range: $50,000 - $65,000 per year