Senior Analyst (Correspondent Banking) Noida, India

We are seeking a highly motivated and analytically strong Correspondent Banking Transaction Monitoring Analyst to join the First Line of Defence AML Transaction Monitoring team. The role is focused on identifying reviewing and investigating potentially suspicious activity across correspondent banking transactions to help protect the bank its customers and society from financial crime risks.

The Analyst will be responsible for reviewing transaction monitoring alerts assessing risk indicators identifying unusual or non-expected activity and preparing well-supported investigation narratives. This role requires strong analytical judgement attention to detail understanding of payment flows and the ability to work collaboratively with internal stakeholders across financial crime compliance client risk legal sales product and engineering teams.

Depending on the candidates skills knowledge and experience the role may be aligned to different seniority levels within the team.

Key Responsibilities

Review and investigate transaction monitoring alerts generated across correspondent banking activity including customer and peer-bank transaction flows.

Analyse transactions for potential money laundering terrorist financing tax evasion sanctions PEP adverse media and other financial crime risks.

Assess risk associated with correspondent banking relationships and transaction activity applying a risk-based approach to investigation outcomes.

Identify and investigate red flags such as high-risk jurisdiction exposure nested banking structuring round-dollar or round-tripping payments trade-based money laundering indicators and PEP-linked transactions.

Analyse complex financial transactions using knowledge of payment message formats including SWIFT MT and ISO 20022.

Conduct detailed reviews of transaction activity to identify non-expected patterns anomalies and activity outside the banks risk appetite.

Prepare clear concise and well-supported case narratives documenting investigation findings rationale for closure or escalation and recommendations for suspicious activity reporting where required.

Escalate suspicious or high-risk activity to relevant internal teams departments or authorities in line with applicable procedures.

Maintain accurate records and a complete audit trail for all reviews decisions and investigation outcomes.

Collaborate with Client Risk Compliance Legal Sales Product and Engineering teams to support ongoing client activity reviews and improve data quality monitoring processes and operating effectiveness.

Contribute to continuous improvement of monitoring processes procedures policies and the overall operating model by identifying gaps and recommending enhancements.

Stay informed on FATF guidance sanctions regime updates and emerging financial crime typologies relevant to correspondent banking.

Required Qualifications and Skills

Minimum 3 years of relevant professional experience in AML transaction monitoring financial crime compliance or a similar role preferably with exposure to client activity monitoring.

Strong understanding of correspondent banking banking products transaction flows and transaction analysis.

Demonstrated knowledge of payment message formats including SWIFT MT and ISO 20022 messages.

Ability to analyse complex datasets identify patterns detect anomalies and communicate insights effectively to varied audiences.

Familiarity with transaction monitoring systems and proficiency in data analysis tools or software.

Strong documentation case narrative writing and investigation skills.

Sound judgement and ability to make risk-based decisions in a fast-paced dynamic and multi-directional work environment.

Ability to build or support frameworks procedures and process improvement initiatives.

Strong interpersonal communication presentation organizational planning and time management skills.

Team-oriented mindset with the ability to collaborate effectively across functions.

Preferred Qualifications

Professional certifications such as CAMS CFE or other relevant financial crime compliance certifications are preferred.

Prior experience in correspondent banking transaction monitoring sanctions screening PEP/adverse media review or suspicious activity investigation would be advantageous.