Anti-Money Laundering Operations - Transaction Monitoring Senior Analyst

About The Team

The AML Operations Transaction Monitoring Senior Analyst will play a critical role in identifying and investigating potentially suspicious transactions within ShopeePay. The analyst will monitor real-time and historical transactions, assess risk indicators, and ensure compliance with relevant financial regulations and internal policies. This role requires a strong understanding of transaction monitoring processes, financial crime risks, and e-wallet technologies.

Job Description

Key Responsibilities:

• Transaction Monitoring: Monitor transactions in real-time within ShopeePay, identifying potential suspicious activity, such as money laundering, fraud, or terrorist financing.
• Investigation and Reporting: Conduct detailed investigations into flagged transactions to determine whether they are suspicious or compliant with regulations. Document findings and escalate cases as necessary, creating Suspicious Transaction Reports (SARs) endorsements to Compliance team.
• Risk Assessment: Apply risk-based approaches to evaluate the potential for illegal activities based on transaction patterns, account behaviors, and other red flags. Ensure that transactions are analyzed according to the established AML risk parameters.
• Regulatory Compliance: Ensure that all transaction monitoring and investigation activities comply with relevant AML laws, including those set by local regulatory bodies (e.g., Bangko Sentral ng Pilipinas, AntiMoney Laundering Council) and international financial institutions (e.g., FATF).
• Collaboration: Work closely with other departments, including Compliance, Legal, Operation units, and Product teams, to resolve complex cases, implement effective transaction monitoring controls, and streamline investigation workflows.
• Reporting and Documentation: Maintain clear and comprehensive records of all investigative actions and decisions. Prepare reports and provide evidence for audits and examinations by regulatory authorities.
• Data Analysis and Trends Identification: Analyze large volumes of transaction data to identify emerging trends in money laundering schemes. Make recommendations for improving the transaction monitoring system based on identified trends.
• Case Management: Manage case queues efficiently, ensuring that high-risk cases are escalated promptly and low-risk cases are cleared in a timely manner.
• Continuous Improvement: Stay updated with the latest AML practices, regulatory requirements, and technological advancements. Assist in improving AML systems and processes to increase efficiency and reduce false positives.
  
  

• Educational Background: Bachelor’s degree in Finance, Business, Law, or a related field is preferred.
• - Certifications: Certification in Anti-Money Laundering (e.g., CAMS, ICA) is preferred, but not required.
• Experience: Minimum 3 years of experience in AML transaction monitoring, investigations, or compliance within financial services, e-wallets, or fintech companies.
• Technical Skills: Proficiency in using financial crime detection tools and platforms. Strong analytical skills with the ability to review and interpret transaction data.
• Knowledge: Sound understanding of AML laws and regulations, including KYC (Know Your Customer), AML behavior and patterns. Knowledge of e-wallet technologies and digital payment systems is a plus.
• Communication Skills: Strong written and verbal communication skills, with the ability to document investigations clearly and concisely.
• Attention to Detail: Excellent attention to detail with the ability to identify patterns and anomalies within complex datasets.
• Problem-Solving: Ability to think critically and make decisions based on incomplete or ambiguous information