SMBC Group

  • Transaction Examination Services Analyst - Compliance Operations Department

    Job Locations US-NJ-Jersey City
    Posting Date 1 month ago(12/20/2018 7:47 PM)
    Career Category
    Position ID
  • Overview

    Within Compliance Operations, Transaction Examination Services (TES) is responsible for the first level of screening and review of account activity, maintenance of transaction rules, and for fraud monitoring and prevention. The TES Sanctions/ Fraud Analyst role establishes guidelines to identify and resolve problems as well as contributes to work flow or process change and redesign. The primary focus is on execution and the first level of review within defined parameters, with expansion based on developing capabilities and experiences, in partnership with more experienced staff. 


    Reporting to the Team Leader of TES, the TES Analyst conducts end-to-end process for OFAC sanction list screening of all money transfer (SWIFT, CHIPS, FED, ACH, CIF etc…) and fraud filtering systems. The position handles consistent volume of workflows and interaction with both customers and other bank departments in order to meet deadlines.



    • Performs review, research, analysis, documentation, stop and release system-flagged transactions/messages with potential hits to sanctioned parties when determination is clear.                                     
    • Escalates ambiguous cases to Compliance with results of the research, recommendation, and request decision for case disposal along with proper compliance management sign-off.        
    • Logs cases that have been flagged as well as inquiries from customers and Legal Department's log sheets.                                                                                               
    • Submits maintenance requests to IT for updating sanctioned party databases.                        
    • Conducts testing of sanction screening software and make recommendations including test exceptions and rules to mitigate false positive sanction hits.                                     
    • Reviews system-flagged web-instructed transactions (via our internal application eMoneyger) for possible fraudulent activity and contacts customer or Relationship Manager as required.                 
    • Conducts test upgrades to software related to the sanction -filtering process or Fraud detection software. Works closely with the IT Production Support team to ensure optimal accuracy and utilization.
    • Processes and maintains SMBC, NY Branch SWIFTS Relationship Manager Application (RMA) Authorization. 
    • Ensures that workflow volume for sanction screening and fraud monitoring system is adequately managed. 
    • Documents and maintains accurate and current documentation on rules, exclusions and rationale as to why parameters were put in place.




    • At least 2 years in in a financial services firm in a similar function
    • BA (or equivalent experience)
    • Functional knowledge of legal aspects and record-keeping requirements of banking regulations relating to money transfer (especially Anti Money Laundering (AML), Bank Secrecy Act (BSA), USA PATRIOT Act); strong knowledge of OFAC
    • Strong knowledge of Montran and /or FircoSoft sanction screening software and knowledge of payments such as FED, CHIPS, SWIFT & ACH
    • Thorough understanding of Firosoft rules/exceptions process to mitigate false positive hits
    • Functional knowledge of payment systems  
    • Basic understanding accounting principles and practices                  
    • Strong analytic skills; attention to detail                                              
    • Strong sense of urgency and accountability; ability to execute in a high pressure and time-sensitive environment                                                                                    
    • Strong written and oral communication skills
    • Ensures business continuity under all conditions, sometimes adverse, with strict adherence to established guidelines and deadlines  



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