Transaction Review Associate

Duties and Responsibilities:
Conduct relevant due diligence processes, including reviewing, analyzing, and screening customer transactions to detect and prevent AML/CFT and fraudulent transactions prior to releasing remittance orders.
Ensure transaction orders are reviewed and processed within the turnaround time and adhere to Ria Compliance SOP, rules, and regulations.
Review customer transactions to assess suspicious transactional activities and ensure these are escalated for further investigation within the stipulated turnaround time.
Review customer information to assess potential matches to name screening hits flagged by screening systems and recommend appropriate treatment of the hits.
Assist the Line Manager in conducting gap analyses to identify potential process deficiencies to improve business operations, service quality, and unit costs through effective capacity planning, process re-engineering, and automation. This includes regular engagement with internal and external stakeholders.
Review and analyze transactions blocked by the system.
Refer unusual fraud activity to the Internal FIU Analyst.
Process transactions that comply with Ria policies, state laws, and regulations.
Maintain records in databases for review by auditors and regulators.
Serve as a proactive team member interfacing with the Operations Department.
Keep up-to-date with regulatory requirements, internal record-keeping, identification, and source of funds requirements.
Provide assistance with inbound and outbound calls.
Perform other duties as assigned or requested.#J-18808-Ljbffr