Risk Analyst

Monitor and analyze financial transactions for suspicious or unusual activities to detect potential instances of fraud and money laundering. • Conduct in-depth investigations into flagged transactions, including gathering relevant information. • Generate and maintain reports on transaction monitoring activities, presenting findings and trends to senior management. • Collaborate with the AML (Anti-Money Laundering) team to enhance detection strategies and refine risk assessment models. • Utilize specialized software and tools for transaction monitoring and data analysis to identify anomalies and potential risks. Develop and implement improved monitoring procedures and systems to enhance the accuracy and efficiency of the process. • Stay up to date with industry best practices, regulatory changes, and emerging financial threats. • Able to identify red flags and judge the need for escalation. • Able to meet volume and quality check targets to meet service level agreements without compromising on quality. • Act as a buddy and assist more junior members of the team.

• Identified and investigated potential cases of fraudulent and criminal activity in non-cash transactions such as RTGS, NEFT, Fund Transfer, IMPS, and Clearing.• Processed bank cash transactions such as cash withdrawal/deposit, demand drafts, debit card requests, and other financial products in a timely and accurate manner.• Performed quality checks on financial transactions and ensured compliance with internal policies and regulatory requirements.• Prepared and submitted various reports on a fortnightly and monthly basis, including fire audit, ATM, and locker reports, and ensured compliance with internal and regulatory requirements.