RBS has a significant presence in all the main financial centres in the Asia Pacific region (Singapore, Hong Kong, Tokyo, Australia); and a transactional banking network that spans 11 countries- Business Services is the backbone of The Royal Bank of Scotland Group, providing a diverse range of high quality services to the customer-facing operations of the Group- Our division has many components including GBM Technology, GIS, Investment Integration, BCM, Property Services, Change Management, Group Operations, Group Sourcing and Vendor Management, Security and Risk, Strategy and Architecture, and Technology Services- Role/Team Summary RTSC (Regional Transaction Surveillance Centre) is responsible for the operations of transaction surveillance, which consists of transaction filtering, transaction monitoring, client screening and sanctions filtering- The purpose of the job is to analyse bank transactions and to remark exceptional transactions, which have taken place, and report conclusions to the business and Group Compliance- The Analyst serves as a trusted advisor for the business in order to communicate conclusions on exceptional bank transactions and to decline the potential client and/or transaction risks- In a fast moving political, regulatory and economic environment, RTSC will rely on its people to find the balance in mandatory and essential requirements- They must have the ability to stay abreast of the ongoing changes and act in an efficient, flexible and accurate manner- The dynamic environment is challenging and offers an array of opportunities, around the globe, and will be rewarded with attractive compensation and benefits- The recognition for focus, achievements and deliveries are based on the Jobs defined and their associated SMART objectives- The team celebrates success and ascertains that the bank can drive its business and ensure continuity-
Responsibilities
Activities - The Analyst is to filter pre-transaction cross-border activity to comply with OFAC, EU, Country and Internal Sanction-
- The Analyst is responsible for Transaction Surveillance analysis, analyzes and manages incidents concerning unusual activities-
- The Analyst is responsible to follow-up on reports, from monitoring to investigation to filing for unusual and suspicious activity-
- The Analyst is responsible to review closed incidents and take action based on findings-
- Any other duties as assigned by Head of department due to business exigencies
Key Deliverables - The Analyst produces monthly reports to Country Compliance Officer for countries under area of responsibility-
- The Analyst produces Case reports for alerts and matches which are deemed to be of Money Laundering risks and Sanction Breaches-
- The Analyst is responsible to handle generated alerts / matches within the timelines as stipulated in the Group Compliance / CAAML Global Process and Procedures-
Scope of Role - The Analyst is responsible to escalate to Country Compliance Officer on Monitoring alerts which are deemed to be of high risk of money laundering-
- The Analyst is responsible to ensure that the pre-transaction messages do not violate any OFAC, EU, Country and Internal Sanctions of the bank-
- The Analyst is responsible for the communication with the Country Compliance Officer (obtaining of additional information and documents from them as well as informing them of cases which are deemed to be high risk for money laundering and potential sanction violations)
Requirements
- Previous work experience is not essential (although desirable)
- Degree from university or diploma from polytechnic
- Excellent English language skills
- Analytical skills
- Eye for detail, high accuracy of work, ability to work with minimum supervision
- Computer literate in MS Office applications
We offer an excellent total compensation package, learning and development opportunities and a flexible benefit programme designed to help you manage and balance your own work-life priorities-
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