Description
Title: AML Quality Assurance
Location: NYC, NY
Duration: 2 Months (Possibility of Extension)
Responsibilities
- Performing quality control review of all Investigator work product where an investigator seeks to disposition an alert as suspicious
- Along with team leads, accurately and thoroughly assessing Investigator work product quality and leveraging practices consistent with industry standards to provide coaching and constructive feedback to Investigators to ensure quality decisions and appropriate review of potential illegal activity
- Applying analytic techniques to complex information sets in order to make logical and effectively supported recommendations on cases for reporting to FinCEN
- Applying coaching and mentoring consistent with industry standards to ensure success in the following daily efforts of Investigators:
- Conducting an end-to-end and meticulous review of potential illegal or suspicious activity;
- Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries;
- Assessment of customer profiles and client data to identify whether activity is consistent with typical purchasing/payment activity, including Acceptable Use Policy adherence and Know Your Customer efforts; and
- Documenting findings in narrative style format, in the manual and automated process case management system and prepare updates to Project Managers/Team Leads as appropriate
- Following all required processes in relation to case investigations and employee escalations from within the team
Qualifications
- Bachelor's degree from an accredited college/university
- Master's degree a plus
- 3+ years of experience in a financial services industry or regulatory environment
- Experience reviewing and dispositioning manual and system generated alerts/cases for the detection of potentially suspicious activity
- Experience composing Suspicious Activity Reports
- Knowledge of US reporting requirements as it relates to suspicious activity reports and cash transaction activity
- Ability to detect and mitigate red flags for potential financial crime, including money laundering and fraud, as it appears in transactional data
- Transaction analysis skills related to wire, cash, and check activity
- Solid Excel skills
- Effective oral and written communication skills
- CAMS certification preferred but not required
Mental/Physical Requirements
- Frequently communicates with clients and coworkers and must be able to share information effectively
- Strong conceptual, as well as quantitative and qualitative analytical skills
- Work as a member of a team as well as be a self-motivator with ability to work independently
- Flexibility and responsiveness in managing multiple projects in sometimes high-pressure situations simultaneously
- Able to travel via airplane with minimal assistance to client sites across the US and potentially internationally
- Usually remains stationary for the majority of the day
- Regularly uses close visual acuity and operates computer equipment to prepare and analyze and transmit data