FAQs
What are the primary responsibilities of a TM Quality Checker?
The primary responsibilities include performing Quality Assurance reviews of completed Transaction Monitoring investigations, providing constructive feedback to investigators, and assessing the quality of investigations in line with the organization's procedures and standards.
What experience is required for this position?
A minimum of 3-5 years of total work experience in Transaction Monitoring investigations is required, preferably in reputable financial services organizations. At least 6 months of experience conducting Quality Assurance is preferred but not mandatory.
Is there a focus on professional development in this role?
Yes, the role emphasizes continuous learning and development, encouraging collaboration with other Quality Assurance Analysts and actively engaging in training initiatives.
What skills are essential for a TM Quality Checker?
Essential skills include expert understanding of money laundering, terrorist financing, and tax evasion; proficiency in conducting effective investigations and analysis; strong documentation abilities; and fluent reading and writing skills in English.
Are professional certifications beneficial for this role?
Yes, professional certifications such as CAMS, CFE, ICA, or equivalent are considered advantageous for this position.
What is the emphasis on feedback in this role?
The TM Quality Checker is expected to document findings appropriately to provide constructive feedback to investigators, highlighting areas of strength as well as areas needing improvement.
How critical is timely completion of work in this role?
Timely completion of Quality Assurance reviews is essential, as the role maintains a primary focus on the quality and effectiveness of these reviews while adopting an independent perspective.
How will this position support compliance with regulations?
The TM Quality Checker will develop an expert understanding of regulations and industry practices related to Transaction Monitoring investigations, ensuring that investigations meet internal and external stakeholder and regulatory expectations.
What kind of collaboration is expected within the Quality Assurance team?
Collaboration among Quality Assurance Analysts is encouraged, as team members are expected to help each other with reviews and share best practices and techniques to drive the overall quality of the team's work.