AML Analyst

Company: Collabera
Location: Irving
Posted on: January 12, 2021

Job Description:

Job DescriptionThe AML Analyst is responsible for performing AML Reviews/Investigations of account activity, and recommending the filing of Suspicious Activity Reports ("SARs") and/or relationship termination, as appropriate. Cases are worked from beginning to completion in accordance with relevant AML policies and procedures. Cases are generated from sources which include:1. Automated Monitoring System (e.g. Mantas)2. Client-On boarding and Maintenance and Transaction monitoring referrals3. Referrals from business partners and other control areasResponsibilities include:--- Conduct research over available Bank systems, the Internet and Commercial Databases consistent with the resolution of case reviews and investigations.--- Collect and examine financial statements and documents to assist in identifying unusual transaction patterns.--- Document and report the review/investigation findings and prepare case files with required supporting documentation (e.g. media search results, copies of statements/checks, results from internal system searches etc.)--- Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.--- Liaise with other FIU units, Advisory, Business Compliance teams, CSIS, FIU Legal, GIU, and Law Enforcement.--- Draft and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements--- Recommend relationship retention or termination and track account closures as required--- Interact with Senior Management on the Compliance, Legal and business sectors concerning AML issues.--- May provide direction to more junior staff.Job Qualifications:--- Four Year College Degree or equivalent experience.--- Minimum 1 - 5 years of experience in reviewing customer transactions and information for identifying potentially suspicious activity and performing AML or fraud reviews/investigations.--- Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements preferred--- Work experience in a financial institution with job specific work experience in AML.--- Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the USA PATRIOT act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements preferred--- General understanding of Senior Public Figures, Money Service Businesses, Wealth Management and Retail Banking preferred.--- Established business knowledge and comprehension of financial products.--- Excellent organizational, time management and project management skills.--- Excellent research skills including experience with online search tools.--- Advanced proficiency in Word, Excel, Access, Power Point and Outlook.--- Strong attention to detail and follow-up skills.--- Strong writing, analytical and communications skills. Must be able to multitask and complete projects on time.--- SAR Writing experience, specifically in retail banking, and more knowledge of AML Red Flags such as cash structuring.--- Ability to understand and draw conclusions from research conducted.--- Should be a self-starter, and organized, and must have the ability to work independently, without supervision.--- Proficiency in a foreign language is a plus.--- CAMS certification preferredOther,Access,Word,Excel,Outlook,Reporting,management,Documentation,research,Filing, Communication, SAN, Compliance, Business, AML, Apple Other

Keywords: Collabera, Irving , AML Analyst, Professions , Irving, Texas