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TM Junior Investigator

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ING

6d ago

  • Internship
    Full-time
    Off-cycle Internship
  • Manila
  • Quick Apply

AI generated summary

  • You need a university degree (finance preferred), fluent English, and no prior TM investigation experience required as training will be provided.
  • You will investigate complex transaction alerts for money laundering and terrorist financing, analyze customer data, document findings, collaborate with colleagues, and ensure timely, quality work.

Requirements

  • Previous work experience or experience in TM investigations is not required. You will be given comprehensive training both before and after you start working on your own investigations.
  • Fluent English, reading and writing.
  • University degree in any subject is required; a degree in a finance related subject is preferred.

Responsibilities

  • You will be responsible for performing complex Transaction Monitoring, TM investigations covering money laundering, terrorist financing and tax evasion.
  • Working on your own alerts and cases, you will:
  • Perform risk-based investigations on complex TM alerts and cases, identifying activity that could be indicative of money laundering, terrorist financing and tax evasion, following ING’s Global Standard TM Investigation Process and Procedures.
  • Analyse customer and transaction information to assess whether alerted activity is or is not normal in the context of what is known about the customer and who they are transacting with, conducting additional background research as appropriate.
  • Within the ING procedural framework, use your own judgement based on your knowledge and experience to make risk based decisions as to what is or is not normal and therefore whether to refer the alert or case for further investigation and reporting to authorities.
  • Document your investigations thoroughly and according to ING standards, by recording the details of the alert, the data you have considered, the basis of your conclusion and any evidence you have gathered that supports your conclusion.
  • Maintain your primary focus on the quality and effectiveness of investigation, whilst also ensuring that your work is completed in a timely fashion.
  • You will also:
  • Develop a strong understanding of ING process and procedures.
  • Develop strong knowledge of how to identify, analyse and understand money laundering, terrorist financing and tax evasion “red flags” and typologies.
  • Develop a good understanding of regulations and industry leading practices in conducting TM investigations.
  • Consult and collaborate with colleagues to develop your own investigations and to help others with theirs, adopting and sharing best practice, techniques and knowledge over time, with a focus on driving continuous improvement in both your own investigations and that of the broader team.
  • Strive to learn and help your colleagues to learn continuously, taking and giving feedback constructively, participating actively in team continuous learning and development initiatives and training.

FAQs

What is the primary responsibility of a Junior Investigator at TM?

The primary responsibility is to perform complex Transaction Monitoring investigations covering money laundering, terrorist financing, and tax evasion.

Is previous experience in transaction monitoring required for this position?

No, previous work experience in TM investigations is not required, as comprehensive training will be provided both before and after starting on individual investigations.

What qualifications are needed to apply for this position?

A university degree in any subject is required, with a preference for candidates who have a degree in a finance-related subject.

What language skills are required for this job?

Fluency in English, both reading and writing, is required for this position.

Will I receive training as a Junior Investigator?

Yes, you will receive comprehensive training before and after you start working on your own investigations.

How does the role contribute to the team's knowledge and continuous improvement?

The role involves consulting and collaborating with colleagues, sharing best practices, and participating actively in continuous learning and development initiatives to drive improvement in investigations.

What are some key tasks for a Junior Investigator when handling alerts and cases?

Key tasks include performing risk-based investigations, analyzing customer and transaction information, making risk-based decisions, and thoroughly documenting investigations according to ING standards.

Is there an emphasis on teamwork in this role?

Yes, the role emphasizes consulting and collaborating with colleagues to enhance investigations and share knowledge and techniques.

How should investigations be documented?

Investigations must be documented thoroughly, including recording alert details, the data considered, the basis of conclusions, and any supporting evidence, all according to ING standards.

What type of investigations will Junior Investigators conduct?

Junior Investigators will conduct investigations related to complex Transaction Monitoring alerts that may indicate money laundering, terrorist financing, or tax evasion.

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Finance
Industry
10,001+
Employees
1991
Founded Year

Mission & Purpose

ING is a pioneer in digital banking and on the forefront being one of the most innovative banks in the world. As ING we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or to tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realize their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers.