Fraud Analyst

Our client, a large bank, is looking for a fraud analyst for a long-term contract position.

Duties include:

Key Responsibilities:

Conduct thorough investigations on alerts generated from transaction monitoring systems to identify unusual patterns or suspicious activity.

Analyze client transactional behavior against expected norms and investigate inconsistencies.

Follow up on flagged transactions and conduct due diligence to ascertain their legitimacy.

Document findings in a clear and concise manner for review by senior compliance staff or regulatory bodies as needed.

Coordinate with other departments to collect necessary information pertaining to customer due diligence (CDD) and enhanced due diligence (EDD).Maintain a current understanding of AML regulations and be able to apply them effectively in day-to-day operations.

Participate in regular training sessions to stay updated with new regulatory requirements and best practices in AML compliance.