Anti-Money Laundering Analyst

We are seeking an AML Compliance Analyst Basic for a very important client.

Job Responsibilities

Collect and analyze data, including alert, transactions, customer demographics and relevant account information to identify potential suspicious activity

Disposition and fully document the investigation, including supporting data, analysis, and rationale for disposition within the case management system

Complete the Suspicious Activity Report (SAR) form , if applicable, in accordance with Financial Crimes Enforcement Network (FinCEN) requirements

Effectively communicate with associates, management and various stakeholders on risks identified, possible typologies and recommend next steps

Balance inventory queues, deadlines, and priorities to achieve departmental standards and production goals.

Demonstrate teamwork by accepting ad-hoc requests to assist other associates on inventory

Interpretation of AML Risk standards, guidelines, policies and procedures. Make risk based determination through Quality Analysis whether alerts were properly cleared by Compliance Alerts Analysts. Ensure Alert data has been accurately collected and documented, including but not limited to : Investigations data, Suspicious Activity Reports (SARS) & Currency Transaction Reports (CTR), Know Your Customer (KYC) information, any relevant account and transaction data and all required information which would assist in an investigation. Strong research, analytical and comprehension skills, with ability to analyze large amounts of data

The ideal candidate will possess the following qualifications :

Required Qualifications, Capabilities, and Skills

Exceptional written and verbal communication skills

Strong analytical, interpretive, organizational skills

Strong attention to detail, ability to prioritize and manage tasks

Independent decision maker, able to make time-sensitive assessments and articulate findings to senior investigators or managers

Knowledge of banking products and services

Understanding of regulatory concepts including, but not limited to, the Bank Secrecy Act, Office of Foreign Assets Control sanctions, and the USA PATRIOT Act

Proficient in MS Office (Outlook / Word / Excel / Access / PowerPoint)