Transaction Monitoring Analyst

Tailor Your Resume for this Job

Role Title: Team member transaction monitoring

Department: Risk

Division: Fraud Risk

Overall Role Purpose:

Contributes to the overall success of the SBM Bank (India) Limited (“the Bank” or “SBMBI”) ensuring specific individual

goals, plan, initiatives are executed / delivered in support of the team’s business strategies and objectives. The

Transaction monitoring Function of the Bank under the supervision of the Head – Operational Risk. Establish and maintain

relationship with internal stakeholders and external stakeholders as required. Manage the transaction monitoring

function with activities such as monitoring of alerts, MIS preparation, etc.

Principal Accountabilities

Management of Fraud Risk Management Systems

 Attending of alerts in the Enterprise Fraud Risk Management System – Clari5 in the Bank

 Examine the rules for monitoring alert performance to ensure that they can capture the risks and transaction

patterns detected in reported accounts.

 Attend to cyber crime cases received from banks, regulatory authorities.

Regulatory Reporting

 Ensuring timely reporting / submission of FMR Reports as and when applicable.

 Timely reporting for digital payment frauds on NPCI and RBI portals

5. Internal and Management Reporting

 Address any other reporting requirements as and when necessary.

 To prepare and submit required MIS

 Liaise with relevant departments in the Bank and external stakeholders / vendors / Fintech Partners / Business

Correspondents for the purpose of Fraud Reporting.

6. Training and Knowledge Management

To keep abreast of various regulatory guidelines/changes issued by various regulators in respect of Fraud Transaction

Monitoring

Educational qualification, Skills & Experience

• University degree (first class) preferably in business, law or related.
• Ability to work independently and be self-motivated
• Strong communication skills both written and verbal.
• Professional manner with the ability to influence and persuade.
• Experience in the MS Office - Word, PowerPoint, Excel, and Outlook
• Experience of 1-3 years on FRM system.

Pay: ₹26,000.00 - ₹28,000.00 per month

Work Location: In person