Our client is a foreign bank based in Midtown NYC who is seeking a sharp and motivated AML analyst to join their growing team.
In this role, you will play a critical role in safeguarding our client's financial system by identifying and mitigating money laundering risks. Your responsibilities will include:
- Investigating suspicious activity and transactions:Analyze customer data, account activity, and financial instruments to identify potential red flags. Conduct thorough investigations, gathering and evaluating evidence to determine if Suspicious Activity Reports (SARs) need to be filed.
- Monitoring accounts and identifying risk: Develop and implement risk-based AML controls to proactively identify high-risk customers and transactions. Utilize transaction monitoring tools and investigate potential deviations from expected activity patterns.
- Data analysis and reporting: Leverage your analytical skills to identify trends and patterns in suspicious activity. Prepare comprehensive reports for internal stakeholders and regulators, ensuring clarity and adherence to reporting requirements.
- Staying current on AML regulations and best practices:Proactively research and stay informed on evolving AML regulations, sanctions lists, and industry best practices. Contribute to the development and implementation of effective AML compliance programs.
- Collaboration and communication: Work closely with internal teams (investigations, customer onboarding, operations) to ensure a comprehensive and efficient AML compliance framework. Clearly communicate findings and recommendations to colleagues and regulators.
Qualifications:
- Bachelor's degree in finance, accounting, criminal justice, or a related field (preferred)
- Minimum 1 year of experience in AML investigations, financial analysis, or a similar role (required)
- Strong understanding of AML regulations (BSA/KYC) and best practices (ACAMS certification a plus)
- Proficiency in financial data analysis and investigative techniques
- Excellent attention to detail, accuracy, and problem-solving skills
- Strong communication, interpersonal, and collaboration skills
Benefits:
- Competitive salary and benefits package
- Opportunity for professional development and growth within a dynamic team
- Make a real difference by contributing to financial security and combating financial crime
- Positive and collaborative work environment
Job Type: Full-time
Pay: $70,000.00 - $90,000.00 per year
Schedule:
Work Location: In person