AML Analyst

AML Analyst

Location: Mount Laurel, NJ

Onsite Flexibility: Hybrid

Contract Details

• Position Type: Contract
• Contract Duration: 5 months (with potential for extension based on business needs and performance)
• Pay Rate: $28.00 $37.00 / Hour (USD)
• Shift / Schedule: Monday Friday, core business hours 40 hours per week, 8 hours per day; overtime possible
• Travel Requirements: No travel required; periodic travel to nearest Hub possible
• Work Authorization: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Job Summary

An Anti-Money Laundering (AML) Analyst investigates and monitors financial transactions to detect and prevent money laundering, terrorist financing, and other financial crimes. They analyze data, conduct investigations, and ensure compliance with AML regulations and policies, ultimately helping to maintain the integrity of the financial system. This is a highly entry-level role focused on reviewing a high volume of cases daily the team baseline is 350 cases per day comparing individuals against watchlists and escalating based on certain attributes. Daily tasks include logging into tools such as Quantifind and Watchlist platforms to review cannabis-related businesses and other flagged activity. The contractor will have access to customer data and will interact primarily with internal teams. On average, approximately 30 minutes per day is spent in meetings; the manager meets with the team twice a week and works with individual analysts bi-weekly.

Key Responsibilities

• Transaction Monitoring: Reviewing a wide range of financial transactions for suspicious activity
• Investigation: Investigating potential cases of money laundering and other financial crimes; creating and maintaining case files to investigate suspicious activity
• Compliance: Ensuring compliance with AML regulations and policies
• Reporting: Reporting findings to regulatory authorities when necessary; preparing and filing Suspicious Activity Reports (SARs)
• Due Diligence: Conducting customer due diligence (CDD) and Know Your Customer (KYC) checks
• Documentation: Creating and maintaining records of investigation activities and findings; gathering and analyzing documents to assist in identifying suspicious transaction patterns
• Training: Participating in and leading AML compliance training; onboarding includes formal TD training for 3 4 weeks with shadowing with team leads
• Staying Updated: Staying informed about emerging threats and trends in financial crime
• Collaboration: Working with other teams, including law enforcement and compliance officers
• Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity
• Performing periodic reviews of high-risk customers

Required Skills

• 0 2 years of experience within a Business Analyst role (internship or co-op considered as experience)
• Basic computer skills Microsoft Windows, etc.
• Excellent written and verbal communication skills are needed to communicate findings and recommendations
• Strong analytical and problem-solving skills are crucial for identifying patterns and trends in financial transactions
• Careful attention to detail is necessary for accurately analyzing data and identifying suspicious activities
• Adaptability and flexibility

Preferred Skills

• MS Office knowledge
• AML knowledge
• Banking, financial, or customer service experience
• AML certifications

Education Requirements

• Bachelor's degree required (new graduates are strongly encouraged to apply)
• AML certifications are an asset

Required Experience

• 0 2 years of experience in a Business Analyst role; internship or co-op experience is considered; candidates with more than 2 years of experience will be considered overqualified for this role

Benefits

• Medical, Vision, and Dental Insurance Plans
• 401k Retirement Fund

Important Notes

• Interview process: 1 step, virtual, 30 minutes
• Performance will be measured by SLAs and quality of work
• Conversion to full-time is unlikely but the contract may be extended based on business needs and performance

About the Client

This client is a leading financial services and banking institution operating across the U.S. and Canada, with hub locations spanning major markets including New York, Boston, Charlotte, Washington/Vienna, Jacksonville, and others. The organization employs thousands of professionals across compliance, risk management, technology, and financial operations functions, and processes a high volume of financial transactions annually as part of its global banking footprint. Teams at this institution include AML analysts, business analysts, compliance officers, technology specialists, and solutions developers who collaborate in fast-paced, agile environments with a strong emphasis on regulatory integrity and financial crime prevention.

About GTT

GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.

Job Number: 26-12984 Industry: Data & Analytics

#LI-Hybrid