BSA/AML Compliance Analyst - To 36/hr - Remote - (1099/Contract) - Job 3450
Company:The Symicor Group
Location:United States
Seniority level:Senior, 5+ years
Experience:5+ years
Skills:
Data AnalysisAnalytical SkillsAttention to detailResearchReporting
Requirements:
- CAMS or CRCM certification is preferred.
- 5+ years of related experience with emphasis on BSA transaction monitoring.
- Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting.
- Strong analytical skills are required to organize and analyze multiple, complete data sets as well as strong interpersonal and organizational skills.
- Excellent attention to detail and 'follow through' skills.
- Strong technical and research skills and Excel skills.
- Excellent writing, analytical, and communication skills.
- Ability to understand and draw conclusions from research conducted.
- Must have an ongoing sense of urgency and a high level of flexibility.
- Maintains current on BSA/AML/OFAC news and events as well as regulatory updates.
- PC proficiency with Microsoft Office products including Word and Excel and knowledge of Database and Internet software.
Responsibilities:
- Handle the more complex, higher risk customers and alert types.
- Perform and document sufficient KYC/CDD Information to effectively support alert resolution.
- Conduct a detailed review of alerted transactions to identify if activity is commensurate with customer relationship based on KYC/CDD information available.
- Apply technical knowledge to accurately assess the transactional activity by identifying risks, patterns and trends that could be related to money laundering and terrorist financing.
- Utilize internal systems, databases available, and internet research to gather information needed to support analysis and draw conclusions related to transactional activity.
- Prepare a write-up that adequately supports conclusions as to 'why' the activity is reasonable for the customer or provide recommendations to escalate potential suspicious activity.
- Adhere to confidential policies, code of ethics, and follow policies and procedures relative to BSA/AML laws and regulations and best practices.
- Address feedback received from QC functions and incorporate into future work products.
- Other duties as assigned by the Chief BSA/AML/OFAC Officer.
