AML Business Analyst I

Documentation: Creating and maintaining records of investigation activities and findings; gathering and analyzing documents to assist in identifying suspicious transaction patterns. Strong analytical and problem-solving skills are crucial for identifying patterns and trends in financial transactions.

Our Client, a Banking company, is looking for an AML Business Analyst I for their Remote location.
 
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.
• 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.

 
Requirements:

• 0-2 years of experience within a Business Analyst role (internship or co-op considered as experience)
• Basic computer skills – Microsoft Windows etc.
• Must have completed a High School Diploma or GED
• 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
• MS Office knowledge
• AML knowledge
• Banking, Financial or Customer Service experience

 
Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities