Description
Description:
- The AML Compliance Analyst is responsible for conducting internal reviews of possible violations of the Bank Secrecy Act, USA PATRIOT Act and all matters related to potential financial crimes, inclusive of money laundering, terrorist financing, fraud and other securities and transactional-related activity. The successful candidate will review client due diligence records, new and existing account reviews, quality assurance for account approvals, on-boarding due diligence and sanctions alert reviews. The successful candidate will support senior staff in performing various global AML, KYC, securities and sanctions compliance responsibilities and various ad hoc project related work.
Responsibilities:
- Reviews monthly and daily transaction alerts, sanctions alerts, client file review, conducts due diligence searches and metrics. Actively participates in the annual AML risk assessment by testing adherence to the AML policy and procedures by the lobs.
- Regularly updates and ensures accuracy of all tracking logs for metrics reporting. Assists in preparing the monthly metrics reporting. Conducts User Acceptance Testing (UAT) for system enhancements and documents work product
- Maintains system administration tables and updates. Ensures timely completion of all mandatory training requirements. Ensures all licenses and certifications are up to date
- Keeps abreast of regulatory changes and news. Performs independent risk-based analysis of clients, inclusive of institutions, individuals and government sponsored entities, for purposes of firm policy and regulatory expected due diligence risk assessment and measurement.
- Reviews documentation versus business-sponsored client profiles for consistency, accuracy and relevance.
Qualification:
- BA/BS degree
- 1-3 years of business or compliance experience
- Strong organizational and analytical skills.
- Ability to multi-task and attention detail.
- Strong communication and writing skills.
- High level of attention to detail
- Working knowledge of Actimize preferred