Entry Level AML Analyst Resume Example

Common Responsibilities Listed on Entry Level AML Analyst Resumes:

  • Conducting initial due diligence on new clients to assess AML risk, including verifying identities and researching backgrounds.
  • Monitoring transactions for suspicious activities that may indicate money laundering, such as large cash deposits or rapid movement of funds.
  • Reviewing and analyzing alerts generated by AML software systems to identify potentially suspicious behavior.
  • Documenting findings and decisions regarding suspicious activity in a clear and concise manner for regulatory reporting.
  • Assisting in the preparation of Suspicious Activity Reports (SARs) and filing them with the appropriate financial authorities.
  • Staying current with AML regulations and guidance to ensure compliance with local and international laws.
  • Participating in AML training programs to enhance knowledge and understanding of AML policies and procedures.
  • Collaborating with compliance and legal teams to update internal AML policies and control procedures.
  • Performing customer due diligence (CDD) and enhanced due diligence (EDD) on higher-risk accounts.
  • Assisting with internal and external audits related to AML compliance.
  • Responding to law enforcement and regulatory inquiries regarding customer activity as needed.
  • Contributing to the development and improvement of transaction monitoring systems and methodologies.
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    Entry Level AML Analyst Resume Example:

    An Entry Level AML Analyst's resume should highlight their ability to enhance operational efficiency and compliance, as demonstrated by their success in streamlining client onboarding processes and contributing to the development of advanced transaction monitoring systems. It is essential to showcase experience in handling high volumes of alerts, preparing thorough Suspicious Activity Reports (SARs), and actively participating in policy revisions to improve adherence to AML regulations. Furthermore, emphasizing their role in customer due diligence, support during audits, and collaboration with law enforcement illustrates a strong foundation in mitigating risk and maintaining the institution's regulatory integrity.
    Aaron Pratt
    (503) 452-7980
    Entry Level AML Analyst
    Diligent Entry Level AML Analyst with a strong foundation in enhancing anti-money laundering protocols, evidenced by a 30% reduction in client onboarding times and a 25% increase in the detection of suspicious transactions. Demonstrated expertise in conducting thorough customer due diligence, resolving over 500 AML alerts, and contributing to zero non-compliance findings in audits, showcasing exceptional attention to detail and compliance standards. Recognized for developing and delivering impactful AML training, leading to a perfect team pass rate, and for streamlining internal policies, resulting in a 20% improvement in company-wide adherence, positioning as a valuable asset to any financial compliance team.
    Entry Level AML Analyst
    01/2023 – 04/2023
    Brightstone Banking
  • Streamlined the client onboarding process by enhancing due diligence protocols, reducing the average time for AML risk assessment by 30% and improving client satisfaction.
  • Played a key role in the development of a new transaction monitoring system, which led to a 25% increase in the detection of suspicious activities and contributed to the safeguarding of the institution's financial integrity.
  • Contributed to the AML team's knowledge base by creating and delivering a comprehensive training module on updated AML regulations, resulting in a 100% team pass rate on subsequent compliance assessments.
  • Compliance Associate
    09/2022 – 12/2022
    Bluegrass BioLabs
  • Efficiently reviewed and resolved over 500 alerts generated by AML software systems within the first six months, ensuring timely and accurate regulatory reporting and maintaining the institution's compliance standards.
  • Assisted in the preparation and filing of 50+ Suspicious Activity Reports (SARs), which were commended by regulators for their thoroughness and attention to detail.
  • Collaborated with the legal team to revise internal AML policies, leading to a 20% improvement in compliance adherence across the company's customer base.
  • AML Compliance Analyst
    07/2022 – 09/2022
    Quasar Quilts
  • Conducted in-depth customer due diligence (CDD) on 200+ accounts, identifying and escalating 10 high-risk profiles for enhanced due diligence (EDD), thereby mitigating potential legal and reputational risks.
  • Supported internal and external AML audits, resulting in zero non-compliance findings and recognition for exceptional record-keeping and documentation practices.
  • Responded promptly to 15 law enforcement inquiries regarding customer activity, aiding in the investigation of potential financial crimes and reinforcing the institution's commitment to legal compliance.
  • Knowledge of AML regulations and compliance
  • Proficiency in transaction monitoring systems
  • Client onboarding and due diligence
  • Efficient alert resolution and analysis
  • Suspicious Activity Report (SAR) preparation and filing
  • Policy development and implementation
  • Customer due diligence (CDD) and enhanced due diligence (EDD)
  • Strong analytical and problem-solving skills
  • Detail-oriented with a focus on accuracy and thoroughness
  • Ability to handle sensitive information confidentially
  • Effective communication and training delivery
  • Collaboration with legal teams and cross-functional departments
  • Record-keeping and documentation management
  • Response to law enforcement inquiries
  • Time management and process improvement
    Certified Anti-Money Laundering Specialist (CAMS)
    Association of Certified Anti-Money Laundering Specialists (ACAMS)
    Certified Financial Crime Specialist (CFCS)
    Association of Certified Financial Crime Specialists (ACFCS)
    Certified Fraud Examiner (CFE)
    Association of Certified Fraud Examiners (ACFE)
    Bachelor of Science in Finance
    2016 - 2020
    University of Richmond
    Richmond, VA
    Financial Crime Compliance
    Criminal Justice Studies

    Top Skills & Keywords for Entry Level AML Analyst Resumes:

    Hard Skills

  • Transaction Monitoring
  • Customer Due Diligence
  • AML Regulations and Compliance
  • Investigation and Analysis
  • Risk Assessment
  • Sanctions Screening
  • Case Management
  • Reporting and Documentation
  • Fraud Detection
  • KYC (Know Your Customer)
  • AML Software Systems
  • Data Analysis and Interpretation
  • Soft Skills

  • Analytical Thinking and Attention to Detail
  • Research and Investigation Skills
  • Compliance Knowledge and Understanding
  • Problem Solving and Decision Making
  • Communication and Interpersonal Skills
  • Adaptability and Flexibility
  • Time Management and Organization
  • Critical Thinking and Risk Assessment
  • Teamwork and Collaboration
  • Ethical Judgment and Integrity
  • Attention to Regulations and Policies
  • Continuous Learning and Professional Development
  • Resume Action Verbs for Entry Level AML Analysts:

  • Analyzed
  • Investigated
  • Reviewed
  • Identified
  • Reported
  • Collaborated
  • Assessed
  • Monitored
  • Documented
  • Verified
  • Escalated
  • Communicated
  • Examined
  • Tracked
  • Detected
  • Reviewed
  • Audited
  • Evaluated
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    Resume FAQs for Entry Level AML Analysts:

    How long should I make my Entry Level AML Analyst resume?

    The ideal length for an Entry Level AML (Anti-Money Laundering) Analyst resume is typically one page, especially if you are new to the field or have a few years of experience. Here are some key considerations to ensure your resume is both concise and comprehensive: **Relevance is Key:** Focus on including experiences and skills that are directly related to the AML Analyst role. Highlight any internships, projects, or coursework that demonstrate your understanding of AML regulations, compliance, and financial analysis. **Quality Over Quantity:** Rather than listing every detail of your past experiences, select the most impactful achievements and responsibilities that align with the AML Analyst position. Use bullet points to make these stand out and be sure to quantify your achievements when possible (e.g., "Assisted in identifying suspicious transactions, leading to a 15% increase in flagged activities"). **Education and Certifications:** As an entry-level candidate, your educational background is particularly important. Include your degree, relevant courses, and any certifications that pertain to AML or financial compliance, such as CAMS (Certified Anti-Money Laundering Specialist). **Skills and Tools:** AML Analyst roles often require proficiency in specific tools and software. Make sure to list any relevant technical skills, such as experience with transaction monitoring systems, data analysis software, or knowledge of KYC (Know Your Customer) procedures. **Tailor Your Resume:** Customize your resume for each application, emphasizing the experiences and skills that best match the job description. This targeted approach not only keeps your resume concise but also demonstrates to employers that you have a clear understanding of the role and how your background fits. **Formatting Matters:** Use a clean, professional format that allows for easy reading. Avoid clutter and use formatting strategically to draw attention to the most important information. Consistent fonts, clear headings, and adequate spacing can make a significant difference in readability. In summary, as an Entry Level AML Analyst, aim for a one-page resume that is tailored, relevant, and highlights your most compelling qualifications. By focusing on the quality of information rather than quantity, you'll present a strong, succinct resume that appeals to potential employers.

    What is the best way to format a Entry Level AML Analyst resume?

    The ideal resume format for an Entry Level AML (Anti-Money Laundering) Analyst should be clean, professional, and structured in a way that highlights your relevant skills and potential to grow within the field. Here are some key considerations for crafting your resume: **Clear and Professional Layout:** Choose a simple and professional design. Avoid overly decorative fonts or graphics that can distract from the content. Stick to a standard font like Arial or Times New Roman, and ensure your font size is readable, typically between 10 and 12 points. **Contact Information:** At the top of your resume, clearly list your name, phone number, email address, and LinkedIn profile (if applicable). Make sure this information is easy to find. **Objective or Summary Statement:** As an entry-level candidate, consider including a brief objective or summary statement at the beginning of your resume. This should be a concise sentence or two that communicates your career goals and enthusiasm for the AML field. **Education:** Since you may have limited work experience, place your education section near the top of your resume. Include your degree, major, the institution you attended, and graduation date. If you have a strong GPA or have completed relevant coursework or projects, consider listing those as well. **Relevant Skills:** Create a section that outlines your relevant skills. This could include knowledge of AML regulations, proficiency with data analysis tools, attention to detail, critical thinking, and any relevant certifications (e.g., CAMS - Certified Anti-Money Laundering Specialist). **Work Experience:** List your work experience in reverse chronological order, starting with the most recent. For each position, include your job title, the company name, and the dates of employment. Use bullet points to describe your responsibilities and any accomplishments. If you have limited work experience, you can also include internships, volunteer work, or part-time jobs, focusing on transferable skills relevant to an AML Analyst role. **Achievements and Certifications:** If you have any achievements or certifications that are relevant to the AML field, make sure to include them in a separate section. This could include academic honors, scholarships, or completion of AML-specific training programs. **Keywords from Job Descriptions:** Tailor your resume for each application by incorporating keywords from the job description. This will help your resume pass through Applicant Tracking Systems (ATS) and catch the eye of hiring managers looking for specific competencies. **Proofread

    Which keywords are important to highlight in a Entry Level AML Analyst resume?

    As an Entry Level AML (Anti-Money Laundering) Analyst, it's important to highlight keywords and action verbs that reflect your knowledge, skills, and experience relevant to the AML field. Here are some you might want to consider incorporating into your resume: **Keywords:** - AML (Anti-Money Laundering) - Compliance - KYC (Know Your Customer) - Due Diligence - Transaction Monitoring - Risk Assessment - SAR (Suspicious Activity Report) - CTF (Counter-Terrorist Financing) - Financial Crimes - Sanctions - PEP (Politically Exposed Persons) - OFAC (Office of Foreign Assets Control) - BSA (Bank Secrecy Act) - FinCEN (Financial Crimes Enforcement Network) - Regulatory Compliance - Fraud Detection - Enhanced Due Diligence (EDD) - Customer Identification Program (CIP) - AML Software (name specific tools you're familiar with, e.g., Mantas, Actimize, etc.) **Action Verbs:** - Analyzed - Monitored - Investigated - Identified - Reported - Assessed - Reviewed - Researched - Implemented - Coordinated - Collaborated - Developed - Ensured - Tracked - Documented When crafting your resume, make sure to use these keywords and action verbs in the context of your achievements and responsibilities. For example, "Monitored daily transactions to identify suspicious activities and ensure compliance with AML regulations," or "Implemented enhanced due diligence procedures for high-risk customers." This will help your resume pass through automated screening tools and catch the attention of hiring managers by clearly demonstrating your relevant skills and experience.

    How should I write my resume if I have no experience as a Entry Level AML Analyst?

    Crafting a resume for an Entry Level AML (Anti-Money Laundering) Analyst position without direct experience can be a challenge, but with the right approach, you can create a compelling resume that highlights your potential. Here are some tips to help you stand out: Highlight transferable skills: Focus on the skills you've acquired from other experiences that are relevant to an AML Analyst role. These might include attention to detail, analytical thinking, problem-solving, proficiency with data analysis tools, and strong communication abilities. Be sure to provide examples of how you've used these skills in past roles or academic projects. Demonstrate understanding of AML principles: Show that you have a foundational knowledge of AML regulations and compliance, even if you haven't worked in the field. This could be through relevant coursework, certifications (like the ACAMS Certified Anti-Money Laundering Specialist), or self-study. Make it clear that you are familiar with key concepts such as Know Your Customer (KYC), transaction monitoring, and risk assessment. Showcase relevant projects and coursework: Include any academic or personal projects that involved skills pertinent to AML work, such as research papers on financial regulations, data analysis projects, or internships where you dealt with compliance or financial crime. Detail your role in these projects and the outcomes or skills you developed. Include volunteer work and extracurricular activities: If you've been involved in any activities where you've demonstrated leadership, teamwork, or a commitment to ethics and compliance, these can be relevant to an AML Analyst role. Describe your involvement and any accomplishments or skills gained. Tailor your resume to the job description: Use the job posting as a guide to tailor your resume. Incorporate keywords and phrases from the job description, as this will help your resume pass through Applicant Tracking Systems (ATS) and catch the eye of recruiters. Focus on your education: If you have a degree in finance, criminal justice, law, or a related field, highlight this prominently on your resume. Mention any relevant courses that have prepared you for a career in AML, such as financial regulations, forensic accounting, or ethics. By emphasizing your transferable skills, demonstrating your knowledge of AML principles, and showcasing relevant projects and education, you can create a resume that captures the attention of hiring managers and shows your readiness for an Entry Level AML Analyst position.

    Compare Your Entry Level AML Analyst Resume to a Job Description:

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    • Improve your keyword usage to align your experience and skills with the position
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