FCI:DTM - Analyst

Gurgaon, Haryana
Permanent
Full-time

14 days ago

Job Description:FCI:DTM - Analyst
INTERNAL USAGE:
No. of Vacancies: Reports to: Manager - SM
Is a Team leader? Y/N Team Size:
Grade: Officer / AM / DM
Business: Digital Transactions Monitoring Department: DTM Sub-Department: DTM
Location: Airoli
About Department
The Digital Transaction Monitoring department monitors all the transaction undertaken through the bank’s system and through peer banks. The team monitors customer transactions on a daily basis or in real-time for risk. The transactions monitored can include cash deposits and withdrawals, wire transfers, and ACH activity. The department aims to identify and protect the institution from any transactions that may lead to money laundering and terrorist financing and result in the institution filing relevant Suspicious Activity Reports (SARs).
About the Role
The DTM analyst aims to mitigate the fraud risk of the customers onboarded through validation of documents, investigation and KYC checks using the best in class technology platforms like Hunter, Uniphore, Fraud Guard etc. The Analyst is also responsible for analysing observed fraud trends and developing robust fraud control measures
Key Responsibilities

Develop and implement strategies for automation and digitisation of FCM processes
Analysis of the data and identifying anomalies/trends,
Ensure timely launch of new activities/processes as decided by department
Ensure sampling efficiency with continual improved hit rates
Ensure detailed optimal investigation of Sampling Frauds leading to perpetrator identifications and setting of deterrents
Ensure that action is taken for 100% of cases, within TAT, identified in the technology platforms
Co-ordinate and follow-up with stake-holders for adherence to the stipulated turnaround time
Undertake mystery shopping to understand the flaws in the system and to evolve control measures
Impart regular training to law enforcement agencies, service providers and vendors

QualificationsOptimal qualification for success on the job is:

Graduate/ MBA preferred
Additional Certificate course related to Banking sector

Role Proficiencies:For successful execution of the job, the candidate should possess the following:

Knowledge of banking products and services
Knowledge of regulatory guidelines and norms
Good communication (both verbal and written) skill in both English and the local language
Ability to manage complex client situations
Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

Ability to handle pressure and meet deadlinesSkills:Refer to the Job DescriptionAbout Company:Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses

Axis Bank

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