Job Description

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Inviting applications for the role of AML transaction monitoring analyst

In this role, you will be responsible for performing complex Transaction Monitoring (TM) investigations covering money laundering in Correspondent Banking and PSP products, terrorist financing, and tax evasion. As a subject matter expert, you will also provide quality checking, coaching, and support for teammates, helping them to develop and grow, whilst helping the Team Leader to ensure high-quality output from the team.

Responsibilities

• Conduct investigative review and analysis in support of company’s BSA/AML regulatory compliance policies and program including investigating automated alerts from our transaction monitoring systems, and referrals sourced from law enforcement requests and other company lines of business
• Analyze transaction activity and KYC information and conduct due diligence research in support of investigations as well as interpret evidence from external tools and systems to determine the legitimacy of customer behavior across multiple products
• Document investigations in written narratives
• Decide whether activity warrants escalation for additional review and subsequently recommend whether activity appears suspicious and warrants filing of a suspicious activity report
• Incorporate feedback from Quality Assurance Team
• Maintain detailed documentation to demonstrate compliance with regulations and internal policies and procedures
• Remain current with industry standards and developments in the areas of KYC, BSA/AML, and OFAC, and apply regulatory requirements and internal policies and procedures to case investigation
• Review data from systems and following procedures to investigate, decide, and document transaction monitoring alerts
• Conduct investigative review and analysis in support of company’s BSA/AML regulatory compliance policies and program including investigating automated alerts from our transaction monitoring systems, and referrals sourced from law enforcement requests and other company lines of business
• Analyze customer and transaction information to assess whether the alerted activity is or is not normal in the context of what is known about the customer and who they are transacting with, conducting additional background research as appropriate. Understand underlying ultimate originators and beneficiaries, their business/profile, geographies, and business sense of the transactions and relationships
• Document your investigations thoroughly by recording the details of the alert, the data you have considered, the basis of your conclusion, and any evidence you have gathered that supports your conclusion
• Consult and collaborate with colleagues to develop your own investigations and to help others with theirs, adopting and sharing best practices, techniques, and knowledge over time, with a focus on driving continuous improvement in both your own investigations and that of the broader team.

Qualifications we seek in you !

Minimum Qualifications / Skills

• Compliance experience (transaction monitoring, fraud or AML, investigations, SAR writing)
• Problem-solving and decision-making
• B.A./B.S. degree or equivalent
• Knowledge of applicable laws, regulations, and guidelines (e.g. BSA, OFAC, FinCEN guidance)
• Strong interpersonal, analytical, and communication (verbal and written) skills
• Experience working with Google Sheet, Google Doc, Excel, Word
• Flexible and adaptable to the evolving needs of a high-growth and fast paced organization environment
• Organized with a High level of attention to detail
• Developed understanding of the global financial system and banking as well as the regulatory environment and the impacts of non-compliance.
• Fluent in English, reading, and writing.
• Knowledge of Banks, Crypto exchanges, transaction types/flows, and financial crime risks.
• Professional certification for Correspondent Banking (CAMS, ICA, or equivalent) is a plus

Minimum Qualifications

• Relevant work experience with experience in Correspondent Banking TM investigations, dealing with major Financial Institutions, PSP, and other payments providers, etc. preferably in reputable financial services organizations.
• Expert understanding of how money laundering, terrorist financing, and tax evasion are executed, why, the differences between them, and their impacts – especially in the context of Correspondent Banking and PSPs.
• L1/L2: Compliance experience
• Anti-Money Laundering Specialist Certification
• Specific experience with cryptocurrency products as a user and / or experience working
• in the digital currency industry
• Ability to conduct detailed investigations using Contractors and open sources to remediate compliance alerts and to independently research, analyze, and recommend solutions to close open items and discrepancies
• Experience in using various risk case management systems
• Experience processing financial crime risk management typologies as related to brokerage and virtual currency exchanges

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.

Los Angeles, California based candidates are not eligible for this role. Richardson, TX local area candidates are eligible for this role only

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