Transaction Monitoring Analyst A new and exciting opportunity exist for a Transaction Monitoring Analyst to join our team in Zimbabwe.
The main purpose of this role is to ensure that all transactions are conducted in the manner they were intended, and according to the RBZ regulations.
The Transaction Monitoring Analyst reports directly to the Compliance Officer. This tole involves understanding the nature and purpose of transactions, to ensure that transactions are not linked to any money laundering, terrorist financing, proliferation financing, or any other financial crime
Duties and Responsibilities
-Use compliance BI dashboards daily to help you find anomalies, financial crimes, fraudulent activities or any suspicious transactions that emanate from inbound, outbound, domestic transfer and foreign exchange transactions -Continue monitoring suspicious transactions to determine any differences in pattens and behaviours, as well as the reason leading to those changes -Use reporting BI dashboards to monitor customer daily transactions for any red flags -Make note and keep records of transactions that raise red flags as well as the details leading to these triggers
Conduct transaction investigations -Conduct electronic investigations of transactions by viewing and tracing all transaction Infromation leading to suspicion -Conduct telephonic investigations by calling sending, and recipients of suspicious transactions -Check and gather information of transactions raised by tellers as suspicious, for reporting purposes -Escalate problems to the forensics teams where necessary, in order to get help with investigations
System and process test/Checks -Conduct random system test to ensure that transaction details are being captured as required for RBZ reports -Conduct random system test to ensure that the Mukuru system is performing as intended -Conduct daily checks to ensure that tellers are capturing KYC documents are required.
Co-ordinated Efforts -Inform departments affected of findings to ensure that coordination of efforts is attained -In the event of identifying issues affecting other corridors, inform TMA responsible for those corridors so as to alert them of your finding and to stop a problem at both the source and destination -Address issues raised to the department via Zendesk in a timeous manner
Reporting -Inform Compliance Officer of findings for higher level decision making -Share findings with relevant department heads and corridor TMA to alert and prevent -List suspicious transactions or cash threshold limit breaches to file these transactions on the GoAML website.
Qualifications and Experience
-Tertiary education (degree/diploma) (Essential and a Tertiary qualification in Economics is an added advantage -3 years experience (Essential) in financial services industry -Knowledge of Mukuru system -Ability to coordinate tasks and project within the department -Ability to identify areas requiring attention in relation of compliance -Knowledge of reporting any suspicious or fraudulent activities -Ability to collect information and data -Ability to conduct checks on KYC/CDD/EDD -Ability to respond to queries regarding STRs & customers in suspicious roles.
Key Skills and compentencies: -Verbal and written communication skills -Time management skills -Organisational & administrative skills -Interpersonal skills -Mathematical skills – intermediate level -Data analysis and interpretation skills -Research skills -Computer skills- (excel, MS office package) -Ability to work with confidential information -Teamwork -Attention to detail
How to Apply
If you do not receive any response after two weeks, please consider your application unsuccessful.
NB: ALL STAFF APPOINTMENTS WILL BE MADE WITH DUE CONSIDERATION OF THE COMPANY’S DIVERSITY AND INCLUSION PLANS
