Transaction Risk Analyst

Role Summary:
We are seeking a diligent and analytical Transaction Risk Analyst to join our dynamic team. The ideal candidate will be responsible for identifying, assessing, and mitigating risks associated with various financial transactions within the bank. This role plays a crucial part in safeguarding the bank's assets and reputation by ensuring adherence to regulatory requirements and internal policies.

Key Responsibilities:
- Monitor and analyze transaction data to detect suspicious activities, fraud patterns, and policy violations.
- Investigate flagged transactions, gather evidence, and prepare detailed reports for management and relevant authorities.
- Develop and implement risk assessment models and frameworks for transaction monitoring.
- Collaborate with cross-functional teams, including operations, compliance, and IT, to enhance risk management processes.
- Stay updated on emerging trends in financial crime, regulatory changes, and industry best practices.
- Conduct root cause analysis of identified risks and recommend preventive measures.
- Assist in the development and delivery of training programs on transaction risk management.
- Ensure compliance with all applicable laws, regulations, and internal controls.