Anti-Money Laundering Consultant

Job Overview

You will be part of data center team, focusing on maintaining high availability of digital banking systems and application services. Your role involves managing global transfer funds systems, Integrated payment system, investigation, and compensation system & AML -Anti-Money laundering solutions. You'll collaborate across teams to enhance the company's security posture, threat detection, and mitigation strategies. The role requires defining, deploying, troubleshooting, and operating new, efficient, and cost-effective highly reliable application platforms. You will be proficient in all aspects of security and privacy compliance, especially in the context of global fund transfer system and will work within transparent compliance environments. The Digital Banking and Application Engineering will have a very visible role, ensuring all client-facing systems are designed with our client first approach, incidents are rapidly identified, and fixes are quickly developed, properly tested, and seamlessly implemented.

The successful incumbent will have in-depth experience in all aspects of the Software Development Life Cycle and IT Service Management. Ideally, this experience will be in client-facing systems with a financial institution or a financial software vendor.

Key Responsibilities

Position Responsibilities

· Functional and Technical SME on the core banking systems and applications

· Application Management and troubleshooting

· Technical Expertise in Banking applications pertaining to Global Fund Transfer, AML, SWIFT transactions etc.

· Timely and Accurate Transaction Processing

· Familiarity with eGIFTS eBanking and compliance software platform - GIFTSOFT

· Continuous Improvement

· Operations and Business Support

· Risk Management and Compliance

Responsibilities:

· Be the Functional and Technical SME on the core banking systems and applications.

· Drive the requirements for core banking systems upgrades, migrations, enhancements, and updates, working in partnership with all other areas in different domains such as payments, statements, lending, engineering, etc.

· Write functional specifications, manage a product backlog, provide production support, prioritize bugs and enhancements.

· Collaborate with the Information security and architecture teams to implement secure banking systems that meet and exceed the Infosec control requirements.

· Will be required to develop, document, and validate technical requirements, process flows, use cases, test plans and other work streams related activities and artifacts.

· Work on integration of upstream and downstream API interfaces as needed.

· Review system generated alerts to assess presence of illicit activity that may require reporting based on Bank Secrecy Act (BSA)/AML requirements, conduct research as required, and document detailed results in written format.

· Review system generated alerts, ad hoc alerts and departmental referrals, and address other applicable AML processes in accordance with regulations and time limitations.

· Document investigative results in written format; provide sufficient research to support investigative decisions.

· Complete and validate quality Suspicious Activity Reports (SARs) in accordance with procedures through Financial Crimes Enforcement Network (FinCEN)

· Escalate issues as appropriate for advanced investigation and analysis.

· Build and maintain awareness of the broader context and implications of the various types of risk affecting the business (e.g., financial, legal, reputation, etc.)

· Engage with peers and team to support the AML collaborative environment.

Key skillsets:

· Should have functional knowledge and Technical experience with ACI MTS (6.8), Universal Payments (UPF 5.0) and RTPS platform.

· Relevant experience with Banking Platform and ACI product is a must.

· Overall experience of SDLC.

· Good knowledge in various payment types like Domestic Fund Transfer, CHAPS, Cross Border Payments/SWIFT, Instant or Faster Payments, RTGS, SEPA.

· In depth understanding of ACI product capabilities, with hands-on experience.

· Have a very good understanding on ACI core payment product flows.

· Good understanding and working experience using ISO 20022 messaging standard.

· Collaborate with lines of business units, vendor partners, technical implementation teams (Development, QA and Infrastructure) to balance the complexities of technical implementation against business requirements.

· Experience in ACI MTS (Money Transfer System) and RTPS for financial and banking institutions.

· Experience in ACI Universal Payments design, configuration, and integration.

· Good knowledge in UNIX ACI MTS Money Transfer System customizations, enhancements, migrations or upgrades

· Should have knowledge of High Value flow.

· Should have knowledge of all SWIFT message types like MT103, MT202, MT202COV, MT910, MT900, MT192, MT210, MT292

· Should have knowledge of ISO messages like all types of PACS, PAIN messages.

· Able to implement Configuration parameters, Customization Changes, Patches

· Good analytical and communication skills

· Experience and desire to work in a Global Delivery Model

· Experience with JBOSS/WebSphere AppServer or similar application servers.

· Experience with MQ will be good value addition.

· Knowledge of the following high-level programming languages: C# or Java, Shell/Perl/Python, SQL.

· Ability to work independently on tasks.

· Be analytical and overly detailed oriented when dealing with technical support issues and IT projects.

· Excellent communication, planning and organizational skills.

Education/Certifications:

· Bachelor's or Master's degree in Computer Science, Engineering or a related field or equivalent experience

· 5 year of experience in AML, Fraud, Investigations

· 5 years of ACI Worldwide Software experience, specifically with Money Transfer System Software or Enterprise Money Transfer Systems software

· 5 years of experience in Investigation/Research

· Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE), Certified Financial Crimes Investigator (CFCI), or other relevant certification(s) or industry-related association membership

· BSA/AML, money laundering/terrorist financing, fraud and OFAC experience. 4 years of full cycle product management.

· Basic knowledge of related state and federal banking compliance regulations, and other Bank operational policies.

· Strong commitment to excellence.

· Effective verbal, written and interpersonal communication skills with a talent for precise articulations of issues and identification of potential resolutions.

· Strong analytical and time management skills.

· Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.

· Effective organizational and time management skills.

· Ability to work independently as well as with others.