Job Description

DESCRIPTION

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.

NOTE: Training will be provided.

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.

QUALIFICATIONS

Must Have

• 1-3 years of experience in Financial Services or Corporate environment (internships or professional)
• College degree in Mathematics or Economics (Preferred) or relevant work experience
• Strong MS Excel skills (Macros, Pivot Tables, VLOOKUPs)
• Strong Written Communication and Analytical skills
• Experience and/or ability to succeed in a deadline-environment

Nice-to-Have

• Experience using LexisNexis (legal research software)

Job Tags

Similar Jobs