Investigate and mitigate money mule activity by analyzing transactions and customer profiles, conducting thorough AML investigations, collaborating with compliance/legal teams, maintaining records, developing detection controls, and supporting training and industry engagement. Shift work (24/7) may be required.
Business Function:
Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Role Overview
We are seeking a highly motivated and analytical Money Mule Analyst to join our Financial Crime Prevention team. The Money Mule Analyst will be responsible for identifying, investigating, and mitigating risks associated with money mule activities, which are an integral part of money laundering systems. This role requires a keen eye for detail, strong analytical skills, and a solid understanding of financial crime typologies and regulatory requirements. The successful candidate will play a critical role in protecting the bank and its customers from financial crime and ensuring compliance with Anti-Money Laundering (AML) regulations.
Key Responsibilities
- Conduct thorough investigations into suspicious transactions and customer activities to identify potential mule money schemes and related financial crime activities.
- Analyze complex financial data, transaction patterns, and customer profiles to detect anomalies and identify red flags indicative of money mule involvement.
- Collaborate with internal teams, including compliance, legal, and fraud prevention, to ensure a robust financial crime prevention framework.
- Stay up to date with emerging money mule typologies, fraud trends, AML regulations, and industry best practices to continuously enhance detection and prevention methods.
- Assist in the development and implementation of AML- Money Mule detection policies, procedures, and controls related to money mule prevention.
- Participate in training and awareness programs for employees to enhance their understanding of money mule risks and prevention strategies.
- Maintain accurate records of all investigation activities and findings.
- Proactively engage in public consultations and industry forums to contribute expertise and stay informed about potential regulatory amendments.
- Willing to work in shifts (24/7) based on team requirements.
Required Skills and Qualifications
- Education: Bachelor’s degree in any field.
- Experience: 3+ years of experience in AML compliance, financial crime prevention, fraud monitoring & investigation, or a related field, with a focus on money mule activity.
- Soft Skills:
- Excellent written and verbal communication skills, with the ability to articulate findings clearly and concisely to various stakeholders.
- Strong attention to detail and accuracy to spot irregularities or inconsistencies.
- Ability to work independently and collaboratively as part of a team.
- High ethical standards and a commitment to integrity.
- Proactive and solution-oriented mindset with a focus on continuous improvement.
- Technical Competencies- Strong proficiency in MS Excel (Macros and Pivots), MS Access, MS Word. Basic usage of MS PowerPoint. Qualification in a related field (e.g., finance, accounting, computer science, data analytics).
Apply Now:
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Location:
MumbaiJob:
ComplianceSchedule:
RegularEmployee Status:
Full timeSimilar Jobs
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Supports budgeting, forecasting, financial modeling, spend analysis, and performance analysis for central functions. Provides financial insights to business leaders, ensures consistent FP&A processes across regions, identifies risks and opportunities, and develops mitigation plans. The role requires cross-functional collaboration, stakeholder relationship-building, strong analytical and communication skills, and advanced Microsoft Excel proficiency.
Top Skills:
ExcelOracle/HyperionPower BISalesforceTableau
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Supports budgeting, forecasting, performance analysis, spend analysis, and financial modeling for central functions. Collaborates across businesses and regions to maintain consistent FP&A processes, provides insights to global finance teams, and identifies financial risks and opportunities with mitigation plans. The role requires strong analytical, problem-solving, communication, prioritization, and cross-functional collaboration skills, along with advanced Microsoft Excel proficiency.
Top Skills:
Excel
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Design, develop, and own functional and automated test cases; build and maintain automation frameworks; execute UI and API tests; integrate automation into CI/CD; report status and defects; collaborate in Agile ceremonies and improve QA processes.
Top Skills:
AgileAlmAngularAWSCi/CdJavaJavaScriptJIRAJqueryPerformance Testing ToolsReadyapiRestassuredSecurity Testing ToolsSeleniumSQLTestrailTypescript
What you need to know about the Mumbai Tech Scene
From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.
