Job Description

Job Title: AML Analyst


Location : Delaware


Job Type: Contract


Duration: 6 Months


Job Description:


COVID-19 considerations:


All individuals working on-site must be fully vaccinated against COVID-19


Role is remote for now MUST have SAR WRITING experience and retail banking experience. AML Analyst - NAM FIU The AML Analyst is responsible for performing AML Reviews/Investigations of account activity and recommending the filing of Suspicious Activity Reports SARs and/or relationship termination as appropriate. Cases are worked from beginning to completion in accordance with relevant policies and procedures. Cases are generated from sources which include:


1. Automated Monitoring System e.g. Mantas


2. Client-On boarding and Maintenance and Transaction monitoring referrals


3. Referrals from business partners and other control areas Responsibilities include:


bull Conduct research over available Bank systems the Internet and Commercial Databases consistent with the resolution of case reviews and investigations.


bull Collect and examine financial statements and documents to assist in identifying unusual transaction patterns. bull Document and report the review/investigation findings and prepare case files with required supporting documentation e.g. media search results copies of statements/checks results from internal system searches etc.


bull Follow-up with additional Points of Contact POC as needed to identify additional information in support of the case.


bull Liaise with other FIU units Advisory Business Compliance teams CSIS FIU Legal GIU and Law Enforcement.


bull Draft and file Suspicious Activity Reports SARs consistent with FinCEN requirements bull Recommend relationship retention or termination and track account closures as required bull Interact with Senior Management on the Compliance Legal and business sectors concerning AML issues.


bull May provide direction to more junior staff.


Job Qualifications:


bull Four Year College Degree or equivalent experience. bull Minimum 1 - 5 years of experience in reviewing customer transactions and information for identifying potentially suspicious activity and performing AML or fraud reviews/investigations. bull Experience in writing and preparing Suspicious Activity Reports SARs in accordance with applicable regulatory requirements preferred bull Work experience in a financial institution with job specific work experience in AML. bull Knowledgeable of the laws applicable to money laundering including the Bank Secrecy Act the USA PATRIOT act US Treasury AML guidelines OFAC requirements and Suspicious Activity Reporting requirements preferred bull General understanding of Senior Public Figures Money Service Businesses Wealth Management and Retail Banking preferred. bull Established business knowledge and comprehension of financial products. bull Excellent organizational time management and project management skills. bull Excellent research skills including experience with online search tools. bull Advanced proficiency in Microsoft Word Excel Access Power Point and Outlook. bull Strong attention to detail and follow-up skills. bull Strong writing analytical and communications skills. Must be able to multitask and complete projects on time. bull SAR Writing experience specifically in retail banking and more knowledge of AML Red Flags such as cash structuring. bull Ability to understand and draw conclusions from research conducted. bull Should be a self-starter and organized and must have the ability to work independently without supervision. bull Proficiency in a foreign language is a plus. bull CAMS certification preferred.

Job Tags

Contract work, Work experience placement, Remote work

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