AML Operations Analyst

Ouro•Austin, TX

3d•Hybrid

About The Position

The Compliance Department operates in a fast-paced, highly regulated, and dynamic environment. The Anti-Money Laundering (AML) Compliance Analyst is responsible for conducting investigations related to Bank Secrecy Act (BSA), USA PATRIOT Act, and other regulatory requirements involving potential money laundering, suspicious transactions, and high-risk activities. This role is critical in protecting the company from legal, regulatory, reputational, and operational risk. The position is non-supervisory and may be performed in a hybrid capacity from Austin, TX, or fully remote.

Requirements

Bachelor’s degree required; 1–3 years of BSA/AML investigative experience is preferred. A relevant degree demonstrating strong research, writing, and analytical skills may substitute for experience.
Proficiency in Excel (intermediate level).
Detail-oriented team player with excellent communication and organizational skills.
Strong analytical and critical-thinking skills with the ability to assess high-risk attributes (e.g., transactional, geographic, product, customer) from various sources and core processing systems.
Ability to quickly learn regulatory and financial concepts, exercise sound judgment, and maintain strict confidentiality.
Self-motivated, able to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.

Nice To Haves

CAMS or CFE certification is a plus.

Responsibilities

Conduct case investigations using internal systems, reports, and external sources to identify potential money laundering, terrorist financing, identity theft, or other fraudulent activity.
Review and analyze customer transaction patterns to detect unusual or suspicious behavior
Perform enhanced due diligence on high-risk customers
Escalate significant findings to management as needed.
Maintain thorough and organized documentation of investigative steps and conclusions in compliance with all BSA/AML/OFAC requirements.
Assess emerging trends and risks and contribute to efforts that reduce mitigate risk and losses.
Conduct interviews with customers, relationship managers, and internal partners as part of investigations.
Collect and review documentation to assess activity and determine whether Suspicious Activity Reports (SARs) or other external referrals are warranted.
Prepare clear, well-written SARs summarizing findings and supporting evidence.
Query and analyze transaction data to compare activity against customer profiles and expected behavior.
Perform enhanced due diligence on exception requests and high-risk customer relationships.
Document investigative steps and findings within AML systems.
Collaborate with team members to identify trends, assess risks, and provide recommendations related to card activity and other transaction patterns.