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The Bancorp · 1 day ago

FCRM Transaction Monitoring Analyst III (Hybrid)

Wilmington, DE

Full-time

Hybrid

Senior Level

7+ years exp

The Bancorp is a financial institution seeking a FCRM Transaction Monitoring Analyst III to monitor and analyze transactions for potentially suspicious activities. The role involves conducting reviews, providing training, and acting as a subject matter expert on Money Laundering and Fraud typologies.

BankingFinanceFinancial ExchangesFinancial ServicesPayments

Hiring Manager

Patrick Johnson

Responsibilities

Conducts internal account and customer reviews to identify potentially suspicious activity. Uses departmental and regulatory standards and processes when conducting reviews

Analyzes transactional information on the most complex items to identify risks, trends, and potential suspicious activity in accordance with company and regulatory standards and controls

Provides training, coaching, and reviews work to other team members as necessary, delivering insights and recommendations

Completes and accurately documents steps taken throughout the review process to ensure the activity record is updated and maintained for audit and compliance purposes

Develops close working relationships with applicable stakeholders to obtain relevant information related to transaction activity in support of potentially suspicious activities. Gathers details and facts needed to make a determination on activity within the position’s scope of responsibility

Escalates potentially suspicious activity in accordance with company policies and practices

Keeps management informed of situations as they arise, keeps detailed records of activities, and elevates questions and concerns

Acts as a subject matter expert on ML (Money Laundering) and Fraud typologies and red flags, sharing knowledge as needed with others

Executes and implements projects, process, and initiatives within the transaction monitoring team

Performs other related duties as assigned