AML Quality Assurance Specialist
Coins.ph
- Manila City, Metro Manila
- Permanent
- Full-time
- Conduct regular reviews and audits of transaction monitoring alerts and cases to ensure accuracy, completeness, and adherence to regulatory requirements and internal policies
- Identify areas for improvement in transaction monitoring processes, systems, and procedures, and work collaboratively with relevant teams to implement enhancements and efficiencies
- Assess the effectiveness of transaction monitoring controls and systems in detecting and mitigating financial crime risks and make recommendations for enhancements as necessary
- Stay abreast of relevant laws, regulations, and industry best practices related to transaction monitoring and financial crime compliance and ensure that monitoring processes are in line with regulatory expectations
- Provide guidance to team members involved in transaction monitoring activities to ensure consistent understanding and execution of AML regulations through 1:1 coaching
- Perform UAT for system implementation and review and optimize process flows across AML transaction monitoring and investigation analysis, if needed
- Support internal and external audits and ad hoc information request related to AML Transaction Monitoring and Investigation.
- Provide recommendation for the creation/enhancing of Transaction Monitoring Alerts
- Experience as a Quality Assurance Specialist is required
- Minimum of 2 to 3 years of experience in transaction monitoring, financial crime compliance, or related fields within the financial services industry
- Strong understanding of anti-money laundering (AML) regulations, sanctions requirements, and other relevant compliance obligations.
- Excellent analytical skills and attention to detail, with the ability to review and analyze large volumes of data effectively
- Strong communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels of the organization
- Experience in performing UAT for system implementation and review and optimize process flows across AML transaction monitoring and investigation analysis
- Experience in conducting 1:1 coaching and providing constructive feedback is required
- Ability to work independently, prioritize tasks, and manage multiple projects simultaneously
- Ability to lead process improvements connected to Transaction Monitoring