Transaction Monitoring Operations Analyst (SME) - Altery Ltd
(2025-06)
- Reviewing live manual transaction monitoring investigations with the aim to complete within half an hour.
- Analysing post transaction monitoring requests and determining if alerts can be deemed a false positive.
- Raising RFI requests should further information be required on a transaction.
- Reviewing customers RFI comments and supporting documents such as invoices and contracts to identify further discrepancies.
- Making recommendations to improve the transaction monitoring rule systems.
- Identifying fraud trends within customer transactions and discussing them in meetings.
- Analysing fraud payments to see if the customer is transacting as expected and making notes of potential patterns arising.
- Filing detailed internal SARs to the 2nd line
- Exercising initiative to suspend of offboard customer accounts
- Dealing with both personal and SME accounts
- Collaborating with different stakeholders when dealing with complex investigations.
- Making recommendations to the KYC team to ensure onboarded customers will transact in-line with expected activity.
EDD Analyst - LHV Bank – Correspondent Banking
(2022-10 - 2025-06)
Transaction Monitoring & AML Investigations
- Analysing monthly transaction growth alerts to understand counterparties contributing to the growth concerning low, medium, and high-risk jurisdictions and sending RFI forms to clients should there be suspicious findings.
- Reviewing received clients RFI documentation and reviewing end-user ownership structure, source of funds/wealth and KYC information to see if transaction activity can be justified.
- Understanding end user client profiles who typically range from SME's, e-commerce websites, retailers, HNWI etc.
- Making exemplary usage of open-source searches to assist with the investigation.
- Conducting further EDD by probing clients on transaction activity should there be gaps found during investigation. This may involve requesting for documents such as invoices and bill of laden.
- Meticulously identifying inconsistencies with end users supporting documentation and raising questions with clients.
- Closing the transaction alert as a false or true positive or liaising with the Head of AML when necessary.
- Exercising discretion as to when to block customer accounts during an investigation.
- Filing DAMLs
- Filing detailed internal SARs to MLRO.
- Using Tableau, PowerBI, and Salv as a tool for transaction monitoring.
- Actioning DPA law enforcement requests.
- When necessary, analysing client's transactions as part of an ad hoc review and providing findings to the AML committee. This involves providing a concise breakdown of findings and recommending the next course of action.
- Training new starters on transaction monitoring.
- Leading bi-weekly transaction monitoring meetings to help with investigations.
EDD Analyst - LHV Bank – Correspondent Banking
(2022-10 - 2025-06)
KYC Onboarding Duties and Periodic review
- Diligently working on EDD AML reviews on prospective clients during the onboarding phase to ensure clients are acting within our risk appetite and signing them off. Review involves a deep analysis of factors such as clients' AML policies, risk assessment, completed AML questionnaire, ownership structure etc.
- Reviewing clients completed 81-page AML questionnaires and ensuring alignment with their AML policies.
- Onboarding clients with both simple and complex ownership structures within the UK and EEA.
- Using Accuity as a tool to find sanctions and PEP matched as well as other adverse findings.
- Conducting the full periodic review cycle on clients.
- Ensuring that changes during periodic annual review is justified and in-line with the bank's risk appetite.
- Updating risk scores for clients upon completion of annual review.
- Ensuring changes to the client's business model has been updated.
- Requesting new UBO and director KYC files should there be changes.
EDD Analyst - LHV Bank – Correspondent Banking
(2022-10 - 2025-06)
EDD Responsibilities
- Occasionally amending policies and procedures alongside MLRO.
- Visiting clients to participate in AML onsites to ensure they're acting within our risk appetite.
- Assisting in providing recommendations following the onsite to ensure clients AML measures are more robust.
- Reviewing direct customer's high-risk client lists to ensure their clients are within our risk appetite and providing my feedback to the AML committee. High risk clients typically involve customers in industries such as gambling, charities, and financial institutions.
- Only onboarding Non-Banking Financial Institutions (NBFI) and Virtual Asset Service Providers (VASPs) thereby only dealing with high-risk clients.
AML Analyst - LHV Bank - Correspondent Banking
(2020-07 - 2022-10)
- Assisting with the high-risk client reviews of our prospective NBFI/VASP clients during the onboarding phase.
- Conducting live Sanctions screening of client payments.
- Conducting ad hoc transaction reviews of suspicious client transaction activity and presenting findings to the committee.
- Transaction monitoring of our clients and referring to senior analyst once suspicious activity has been identified.
- Completing internal SAR and submitting to the MLRO
- Creating transaction monitoring and adverse media guidelines for the team and providing necessary updates.
- Actioning DPA law enforcement requests
Compliance Analyst - Railsr – Banking as a Service – Correspondent Banking
(2019-08 - 2020-06)
- Writing internal SARs/DAMLs to be submitted to the NCA.
- Dealing with organisations with complex ownership structures and requesting notarised documentation.
- Identifying fraudulent payments and categorising them into advance fee and authorised push payment categories.
- Raising suspicious alerts to MLRO.
- Live transaction monitoring to identify suspicious activity and escalating to MLRO.
- Conducting EDD on suspicious transactions by requesting further KYC docs and source of wealth on the client in question.
- Exercising discretion upon transaction review to either approve or decline a payment.
- Use of compliance databases such as Onfido and Comply Advantage to verify KYC docs and screen clients effectively.
- Screening organisations and UBO's to identify false and true positives. Also identifying PEPs.
- Onboarding UBO's with at least 10% ownership.
- KYC, KYB, EDD and CDD checks on new and existing clients.
- Onboarding LTD and PLC companies.
- Reviewing KYC documentation of clients and reviewing the relationship type to understand their risk profile.
Account Manager - Prodigy Learning
(2019-01 - 2019-05)
- Attending exhibitions and networking events to find new business opportunities.
- Launching pro-active sales campaigns and pursuing new business leads.
International Sales and Marketing Executive (contract) - ProArch IT Solutions
(2018-08 - 2018-12)
- Outbound cold calling to prospective clients whilst maintain good business relationships with existing clients
- Regularly conducted market research on potential clients to identify products that we could sell
