Opening For Sar drafting and transaction monitoring
- Futuresoft India
- 5 - 15 years
- Bengaluru
- 21 days ago
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Job Description
Roles and Responsibilities :
- Conduct thorough analysis of complex transactions to identify potential red flags and suspicious activities.
- Develop and maintain effective business relationships with internal stakeholders, including compliance teams and senior management.
- Design and implement efficient processes for transaction monitoring, reporting, and escalation procedures.
- Provide expert guidance on AML/OFAC regulations, CTR requirements, and STR best practices
- Review escalated Transaction Monitoring (TM) alerts to identify suspicious patterns related to money laundering, fraud, terrorist financing, and other financial crimes and performing additional analysis as needed to support SAR decisioning.
- Draft clear, concise, and regulator-ready SAR narratives, ensuring alignment with FinCEN requirements and regulatory timelines.
- Investigate high-risk cases involving severe criminal activity (e.g., human exploitation, elder financial abuse, sanctions exposure) applying advanced investigative judgment and escalation protocols.
- Analyze sophisticated typologies, including blockchain risk exposure and P2P layering schemes, to assess illicit fund flows and customer risk.
- Apply a risk-based approach to drive defensible SAR decisions, ensuring alignment with AML policies, audit standards, and quality expectations.
Job Requirements :
- 5-15 years of experience in a similar role within the banking industry.
- Strong understanding of sar drafting,TM, OFAC ,bsa,fincen,, and counter-terrorism financing regulations.
- Experience working with various types of financial products/services.
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Risk Management & ComplianceRole Category: Risk Management & Compliance - OtherRole: Risk Management & Compliance - OtherEmployement Type: Full timeContact Details:
Company: Futuresoft IndiaLocation(s): Bengaluru
Keyskills: SAR Transaction Monitoring STR Ctr sar drafting Financial Crimes Aml bsa structuring red flag smufing Ofac
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Futuresoft India
Headquartered in New Delhi, FutureSoft is a software consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services. Clients gain competitive advantage by leveraging our product
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