AML Compliance Analyst

TEKsystems • San Antonio, TX

396d • $47,840 - $56,160

About The Position

The AML Compliance Analyst will be part of the AML Investigations Team, responsible for investigating alerts generated by the AML Transaction monitoring system or branch referrals. The role involves assessing customer activity to determine risk levels and preparing Suspicious Activity Reports (SARs) for filing with regulatory agencies when necessary. This position is crucial for ensuring compliance with anti-money laundering regulations and supporting law enforcement efforts.

Requirements

• Entry-level experience in AML, BSA, or compliance-related roles.
• Strong analytical skills and proficiency in Excel, including Excel macros.
• Knowledge of KYC processes and regulations.

Nice To Haves

• Experience with case management systems.
• Familiarity with regulatory reporting requirements.

Responsibilities

• Conduct periodic internal customer and accounts reviews to identify potential suspicious activity.
• Collect and document alert, case or Suspicious Activity Report (SAR) history, and Know Your Customer (KYC) information.
• Review and analyze underlying information gathered to assess reasonable cause to close or escalate an alert to SAR.
• Prepare SARs for filing with FinCEN when applicable.
• Document and summarize findings including supporting information, analysis and rationale for disposition within the case management system in a timely manner.
• Build relationships with the Review and QA groups, while effectively communicating and transferring information for investigations.
• Demonstrate knowledge of money laundering and terrorist financing typologies.
• Participate in individual and department goal development and execute on tactical strategies for goal attainment.

Benefits

• Medical, dental & vision insurance
• Critical Illness, Accident, and Hospital coverage
• 401(k) Retirement Plan with pre-tax and Roth options
• Voluntary Life Insurance & AD&D for employee and dependents
• Short and long-term disability insurance
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Paid Time Off (PTO), Vacation or Sick Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: No Education Listed
• Number of Employees: 10,001+ employees