Transaction Monitoring Cover Letter

I submit this application to express my sincere interest in the transaction monitoring position.

In my previous role, I was responsible for input to AML staff regarding emerging technology issues and how they may impact the achievement of AML objectives.

Please consider my qualifications and experience:

• Experience with AML transaction monitoring tools like Actimize, Mantas, Norkom
• Certified Anti-money Laundering Specialist (CAMS) is preferred
• A Certified Fraud Examiner (CFE) is preferred
• Mid-level understanding of a number of functional areas
• Multi-state knowledge of laws, regulatory requirements and compliance rules
• Established solid business knowledge and comprehension of MoneyGram products and services globally
• Knowledge of domestic and international higher risk countries, jurisdictions and corridors of AML/CTF concern, preferred
• Fluent/bilingual in Turkish

In response to your job posting for transaction monitoring, I am including this letter and my resume for your review.

In my previous role, I was responsible for regular, timely, and comprehensive reporting on initiatives and issue/resolution, including any TM deficiencies, to the 1st LOD executives and AML Director/supporting AML EXCO members.

Please consider my qualifications and experience:

• Demonstrates full understanding of KYC, CIP, CDD, EDD, PEP, OFAC requirements, policies, procedures for various customer types
• Knowledge of retail and non-retail banking products and services including
• Comfortable working with Oracle/Unix/Informatica
• Experience with architectural design for large applications
• Team player with an agile mindset and eager to learn new things
• Previous experience with FCCM and/or knowledge on AML & CTF
• Previous experience with Transaction Banking
• Participate in implementing ongoing best practices and regulatory requirements into the monitoring platforms

In response to your job posting for transaction monitoring, I am including this letter and my resume for your review.

In my previous role, I was responsible for customer service by responding to calls from other departments regarding suspicious activity and assisting branches/departments in preparing and responding to AML inquiries.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Some knowledge of laws applicable to money laundering, including the BSA, USA Patriot act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements
• Some knowledge of domestic and international higher risk countries, jurisdictions and corridors of AML/CTF concern, preferred
• Perform risk assessments to identify AML monitoring needs and oversee translation into policies and operational processes to achieve specific objectives
• Excellent understanding of current IT practices, Agile systems development techniques, including requirements specification
• Adaptable, able to operate in dynamic environment, make quick and sound decisions under pressure
• BSA/AML Monitoring Applications experience strongly preferred
• Have experience with the transaction monitoring topic and the related challenges financial institutions face
• Are organisationally sensitive

I would like to submit my application for the transaction monitoring opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for leadership and guidance on the annual AML TM coverage assessment and ongoing AML TM optimization activities.

My experience is an excellent fit for the list of requirements in this job:

• Built bridges by nature and are able to bridge between different levels, different people and different cultures
• Are persuasive
• Are a hands-on team player
• Advanced knowledge of Bank Secrecy Act (BSA), USA PATRIOT Act (USAPA), Title 31 Code Federal Regulations Chapter X regulations and requirements, and OFAC Sanctions Programs for various customer types
• Thorough understanding of the regulatory environment, affecting financial institutions and applicable regulations
• Understanding of complex transactional patterns of activity including but not limited to pyramid schemes, Ponzi schemes, Trade Based Money Laundering, Human Trafficking/Smuggling, elder financial abuse, and Terrorist Financing
• Strong knowledge of and proficiency with Actimize, Verafin, or other industry related transactional monitoring and case management systems/tools
• Demonstrates advanced knowledge of production, analysis, and report writing environments

In response to your job posting for transaction monitoring, I am including this letter and my resume for your review.

In the previous role, I was responsible for a clear line of sight for the client experience, while ensuring adherence to operational risk, compliance and Anti Money Laundering (AML) requirements.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Participate in the global optimization program
• Serve as SME to support strategic enhancements to Actimize platform
• Coordinate with AML officers and internal staff
• A detailed knowledge of Transaction Monitoring software
• Resilient, able to adapt to change and implement changes rapidly
• Well developed organisational skills and an affinity for detail
• Expertise in BSA/AML rules and regulations, especially knowledge of recent industry examinations in the area of Transaction Monitoring
• Experience developing, implementing, operationalizing and scaling AML/CTF monitoring programs