AML Analyst - Transaction Monitoring Group

SoHo Dragon • New York, NY

1d • Hybrid

About The Position

The contractor will serve as an AML Analyst within the TMG. AML Analysts review alerts generated via the automated transaction monitoring system for potentially suspicious activity; close or further investigate the cases; and escalate cases to the TMG Team Leaders or Manager, when appropriate, for possible SAR filing.
Responsibilities of the contractor will include, but are not limited to:

Requirements

• Strong attention to detail
• Strong analytical, organizational, and communication skills
• Ability to multi-task and adhere to specific quality and productivity guidelines
• Strong research skills (including in the use of Microsoft Word and Excel, and experience with online research systems including web-based tools)
• Prior AML Surveillance and/or Investigation experience (preferred)

Nice To Haves

• ACAMS certified

Responsibilities

• Conduct the first level of review on alerts generated via the automated transaction monitoring system and determine the specific information needed to manage the investigation.
• Manage a queue of alerts and cases and ensure timely follow up of requests and adherence to escalation procedures.
• Assist the TMG with analysis to optimize processes for improving correspondent banking monitoring.
• Assist other members of AML Compliance with ad hoc analysis and investigation requests.
• Know and understand the laws applicable to money laundering, including the BSA, the USA PATRIOT Act, US Treasury AML guidelines, SARs, and other requirements.
• Review and analyze AML current trends and news.

What This Job Offers

• Career Level: Mid Level
• Education Level: No Education Listed