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Transaction Monitoring Junior Investigator

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ING

15d ago

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

AI generated summary

  • You should have knowledge of financial crime, strong analytical and problem-solving skills, effective communication, and a degree. Fresh graduates are welcome; ACAMS certification is a plus.
  • You will investigate TM alerts for money laundering and related activities, analyze customer data, make risk-based decisions, document findings thoroughly, and ensure timely completion of tasks.

Requirements

  • General to in depth understanding of financial crime (Anti Money Laundering, Counter Terrorist Financing, Fraud, ABAC, Sanctions)
  • Strong analytical and data gathering skills.
  • Strong problem solving and decision-making capabilities.
  • Good at planning, time management and task prioritization.
  • Business writing skills
  • Display continuous improvement and growth mindset and can easily adapt to changing policies and procedures.
  • Team player
  • ACAMS certification desired but not required.
  • Relevant financial crime investigations and/or fraud detection/prevention experience.
  • Excellent communications skills, written and verbal.
  • University degree in any field is preferred; degree in a finance related discipline is an advantage.
  • Fresh graduates from reputable institutions are also welcome to apply.

Responsibilities

  • Perform risk-based investigations on 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.

FAQs

What is the role of a Transaction Monitoring Junior Investigator?

The role involves performing investigations related to transaction monitoring, specifically covering areas such as money laundering, terrorist financing, and tax evasion.

What qualifications are required for this position?

A university degree in any field is preferred, with a degree in a finance-related discipline seen as an advantage. Relevant financial crime investigations and/or fraud detection/prevention experience is also required.

Is previous experience necessary for applicants?

While relevant experience is preferred, fresh graduates from reputable institutions are also welcome to apply for this position.

What skills are important for this role?

Key skills include strong analytical and data-gathering skills, problem-solving and decision-making capabilities, effective planning, time management, task prioritization, and business writing skills.

Is ACAMS certification required for this position?

ACAMS certification is desired but not required for the role of Transaction Monitoring Junior Investigator.

What are the key responsibilities of a Transaction Monitoring Junior Investigator?

Key responsibilities include performing risk-based investigations on TM alerts, analyzing customer and transaction information, making risk-based decisions, documenting investigations thoroughly, and ensuring timely completion of work.

What kind of team environment can I expect at ING Hubs Philippines?

You can expect to work in a diverse team environment that values collaboration, teamwork, and continuous improvement.

Is there room for personal growth in this position?

Yes, working at ING offers plenty of opportunities for personal growth in a continuously evolving environment.

What does ING mean by a "growth mindset"?

A growth mindset at ING means displaying continuous improvement and being adaptable to changing policies and procedures.

Will I be involved in reporting investigations to authorities?

Yes, part of the role includes referring alerts or cases for further investigation and potentially reporting findings to authorities according to ING procedures.

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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.