Compliance Analyst - Transaction Monitoring - Vietnam

What We OfferOPEN TO FRESH GRADUATESCompetitive Salary PackagesProfessional Development OpportunitiesHybrid Work SetupEquipment ProvidedOpportunity for an indefinite contractPosition OverviewA Compliance Analyst’s primary responsibility is to aid risk mitigation by following the client's rules, policies, and instructions in accordance with AML, CFT and other legislation. The Analyst is responsible for accurately analyzing all user data, documenting compliance with company processes. They will perform screening of Sanctions alerts, carry out Transaction Monitoring, review compliance reports, and inspect activity to identify potential compliance issues. The Analyst will provide support to the AML function since it is an important part of the 1st line of defense against Money Laundering(ML) /Terrorist Financing (TF). They must have the motivation and expertise to lead Payreto to be successful in the Compliance field. In addition, here are the essential soft traits expected of the Payreto team that must be demonstrated: self-organization, independence, flexibility, and smartness.WHAT WILL YOU DO?Sanctioned Lists Screening reviewsReview triggered alerts from customers' transactions with potential name match to OFAC, United Nations, European Union and othersReach out to concern partners or their managers to gather additional informationConfirm or discount the alerts using the additional information received from the sending/receiving partners by checking the name and other data points to confirm a true matchBarring individuals from transactions reported as fraudulent or scam by the partners and customers submitting dubious/fictitious names on their transactionsTransactions MonitoringInvestigate automatic alerts generated by the case management tool to detect patterns in transactions and relationships across multiple senders/beneficiariesIdentify the red flags associated with transactions or customer's data using wire transfersCommunicate with sending/receiving partners as needed to identify additional information needed to support final disposition of the caseDetermine whether to accept cases, ask for supporting documents or escalate findings along with filing an Unusual Activity Report to MLRORisk word ScreeningScanned against the sender first and last name and the beneficiary first and last name to detect transactions that may fall outside of product scope or the company's risk appetite and to detect potential financial crime and terrorist financingEscalate the transaction to MRLO via Unusual Activity Report tool if there is suspicion that the transaction is related to financial crime/terrorist financingAML ReportingPrepare reports by collecting, analyzing, and summarizing information and putting it in required formats. Write out fact-filled reports for the clients or compile relevant statistics for a regulatory agencyCreate SAR (Suspicious Alert Reporting) and STR (Suspicious Transaction Reporting) for internal escalationGenerate a monthly report for internal usage or upon client requestFraud ReportingRespond to any requests for information on fraud reports received from various institutionsOther TasksSuggest process improvementsAssist in ad hoc work assigned by the immediate supervisorWHAT SHOULD YOU HAVE?Completed at least 2 years in college of any course OR must have graduated from a 2-year vocational courseat least two (2) years’ BPO inbound voice/email/chat experience in handling international accounts in customer serviceMust have proficiency in MS Office Suite and G Suite (Google)Good written and verbal communication and customer service skillsDetail-oriented and must have strong cognitive, comprehension, and strong analytical skillsNICE TO HAVEIdeally with a Bachelor's degree in Law, Business administration, Accounting, Finance or another related field1 – 3 yrs experience in KYB, KYC, AML Compliance related workSHIFT SCHEDULE2PM - 11PM (GMT+7)Subject to change depending on business needsMust be amenable to work on night shift, shifting schedule and work on weekends and/or holidays