AML/BSA Specialist

Job Title: AML/BSA Specialist
Location: Minneapolis, MN 55402 OR Charlotte, NC 28202
Duration: 06+ months on a contract with possibility for extension
Conversion and extension not likely
8 am CST – 4:30 CST (or their local time if in diff time zone)
Open to other locations if needed – primarily MN or Charlotte if needed.

Description:

• Ideal candidate – must have a Fraud/Financial Crimes background. Someone with banking knowledge/experience is a plus. Would be nice to have someone with a working understanding of a production-based team, working on deadlines, the importance of multi-tasking, and being able to collaborate with others for the greater good of the team/department.
• Team structure – majority of the team is based in Minneapolis, while some are in Charlotte, Knoxville, and Chicago. The manager has a team of analysts and Senior analysts. The senior analysts are an extension of the manager as a team leader and they assist in teaching, reviewing, training, and backing the manager up while she is out. The contractor positions are analysts where their day-to-day focus is on the production of alert working. They have a daily average goal, and they are measured on their production and overall quality, with a ramp up period as they begin training and shadowing and easing their way into production environment.
• The Work Environment is primarily full time in office. There is potential, down the line, for the ability to work a hybrid schedule, but that would not incur until after training AND the manager is comfortable providing, they can show they understand the work without peer guidance.
• Responsible for fulfilling the Anti-Money-Laundering/Bank Secrecy Act requirements through identification and investigation of suspicious activity. Analyze customer account transactions to detect suspicious activity and make decisions on appropriate action to take. Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group. Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity. Based on the outcome of the investigation, analyze and determine whether or not a Suspicious Activity Report (SARs) must be filed with the Federal Government for any identified suspicious activity. Work cooperatively with internal departments, financial institutions, and local, state or federal authorities to obtain and analyze necessary info