Senior Process Associate

Job Family:

GIC Process (India)

Travel Required:

None

Clearance Required:

None

What You Will Do:

• Review and conclude alerts generated by fraud prevention/monitoring systems
• Continue to monitor current trends in Fraud landscape, suggest preventive & corrective measures.
• The primary responsibility is to review potential fraud alert to protect our customers from fraud while also protecting the bank’s assets.
• The fraud analyst would require documenting the research conducted to support the decision taken on alert.
• The associate will be expected to complete a targeted number of decisions per hour, as well as be measured on decision accuracy.
• Utilize data analysis and reporting tools to identify suspicious patterns, transactions, and activities indicative of fraudulent behavior.
• Assess and evaluate fraud risks associated with various business processes, financial transactions, and client interactions.
• Conduct thorough investigations into suspected fraudulent activities, including collecting evidence, interviewing involved parties, and collaborating with law enforcement and legal authorities when necessary.
• Analyze large datasets to detect anomalies and trends related to fraud, using statistical techniques and modeling to predict potential risks.
• Regular Monitoring of Fraud trends to proactively identify opportunities to revise and enhance ongoing strategy or device new one to prevent fraud and reduce genuine customer impact.
• Identify, assess, and mitigate risks associated with financial crime activities.

What You Will Need:

• Minimum 5 years of experience assessing and reviewing system generated and manual AML alerts for potentially suspicious activity.
• Experience working with manual and system generated alerts/cases for the detection of potentially suspicious activity.
• Knowledge of US reporting requirements as it relates to suspicious activity reports and cash transaction activity.
• Ability to detect and mitigate red flags for potential financial crime, including money laundering, terrorism financing activities and fraud, as it appears in transactional data.
• Transaction analysis skills related to international wires, corresponding banking, cash, and check activity.
• Solid Excel skills.
• Effective oral and written communication skills.
• Bachelor’s degree from an accredited college/university is preferred

What Would Be Nice To Have:

• Knowledge of regulatory frameworks related to financial crime (e.g., AML, KYC).
• Proficiency in using financial crime detection tools and software.
• Excellent communication skills to convey findings and insights effectively.
• Ability to collaborate effectively with cross-functional teams and external partners.

What We Offer:

Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

About Guidehouse
Guidehouse is an Equal Employment Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, citizenship status, military status, protected veteran status, religion, creed, physical or mental disability, medical condition, marital status, sex, sexual orientation, gender, gender identity or expression, age, genetic information, or any other basis protected by law, ordinance, or regulation.

If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting via email at RecruitingAccommodation@guidehouse.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.

Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.