Transaction Screening

at  Oliver James Associates

Oliver James is looking for Junior Consultant in Brussels.
As a Transaction Screening Analyst, you will be an integral part of our Compliance team, responsible for conducting real-time monitoring and analysis of financial transactions to detect and prevent potential instances of money laundering, fraud, and other illicit activities.

QUALIFICATIONS:

• Bachelor’s degree in Finance, Business Administration, Accounting, or related field.
• 1 years of experience in a similar role within the banking, financial services, or regulatory compliance sector is a plus.
• Fluency in Dutch, French and English.
• Strong understanding of AML/KYC regulations, transaction monitoring principles, and financial crime typologies.
• Proficiency in using transaction screening tools, software applications, and databases.
• Analytical mindset with the ability to interpret complex transactional data and identify suspicious patterns or anomalies.
• Excellent communication skills, both verbal and written, with the ability to convey findings and recommendations clearly and concisely.
• Detail-oriented approach with a commitment to accuracy and compliance.

• Utilize advanced screening tools and systems to monitor a high volume of financial transactions in real-time, including payments, wire transfers, account activity, and other transactions, to identify suspicious patterns and anomalies.
• Investigate alerts generated by screening systems, conducting thorough analysis of transactional data, customer profiles, and other relevant information to determine the legitimacy and risk level of flagged transactions.
• Document investigation findings, analysis results, and decision outcomes in accordance with internal policies and regulatory requirements.
• Prepare detailed reports and escalation summaries to communicate suspicious activity findings to appropriate stakeholders.
• Stay abreast of AML (Anti-Money Laundering) regulations, sanctions lists, and industry best practices related to transaction screening and monitoring.
• Ensure that all screening activities comply with regulatory guidelines and internal compliance policies.