AML Analyst - Transaction Monitoring Group

SoHo Dragon • New York, NY

2d • Hybrid

About The Position

AML Analyst - Transaction Monitoring Group Company: SoHo Dragon represents an Investment Bank client Location: Hybrid – New York City Contract : 6 months Key Responsibilities: 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: 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.

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: Entry Level
• Education Level: No Education Listed