Senior AML Analyst

Monex USA•Beverly Hills, CA

3d•$125,000 - $135,000•Hybrid

About The Position

Since 1999, Monex USA has provided corporate clients with the best foreign exchange (FX) and international payment solutions in the industry. Monex USA guides thousands of clients, from a broad spectrum of industry sectors, through the intricacies of the currency markets. Our unique market insight is widely recognized in main-line business media such as The Wall Street Journal, Reuters, Bloomberg, and CNBC. Monex USA is looking for a Senior AML Analyst to examine, evaluate, and investigate eligibility for or conformity with laws and regulations governing contract compliance of licenses and permits, support the Regulatory Compliance manager, and perform other compliance and enforcement inspection and analysis activities.

Requirements

Bachelor’s Degree in business, economics, political science, or related field
4+ years experience in the BSA/AML industry
Experience in automating compliance processes
Proficient in Microsoft Suite including but not limited to Word, Excel and PowerPoint
A track record of sound decision-making

Nice To Haves

Anti-Money Laundering certifications to include CAMS, CSS, etc.
Relevant work experience at an MSB/PSP

Responsibilities

Reviews and processes incoming client accounts of all client types
Reviews and processes accounts requiring EDD
Performs QC on analyst TM case reviews
Reviews and evaluates active transaction monitoring cases, and evaluating business rules, as needed
Performs initial and ongoing client monitoring and screening against sanctions and other blocklists
Performs QC on analyst TM case reviews
Receive and manage responses to bank RFIs
Assists in the investigation of suspicious activity and the drafting of SARs in coordination with the AMLRO
Assists in the training of new AML analysts as needed
Responsible for the third-party compliance risk assessments and conducting evaluations of new and existing vendors, partners, and IBs
Conduct reviews and investigations of suspicious activity, and prepare Suspicious Activity Reports (SARs) in collaboration with the Deputy Money Laundering Reporting Officer (AMLRO)
Review, approve, and quality-check SARs, EDD reviews, and case files from junior analysts
Manage new and existing correspondent bank relationships to include onboarding questionnaires and ongoing EDD
Develops, implements, and updates company-wide processes for stronger internal controls and process flow improvement
Assists the manager in drafting, implementing and updating company-wide policies and procedures for stronger internal controls and process flow improvement