AML Transaction Monitoring Investigations Analyst
March 26th 2019
The AFC team is accountable for protecting bank from financial and reputation losses incurred by financial crimes by assessing, controlling and mitigating risks.
The AML Investigator is responsible for conducting comprehensive investigations on Bank’s global correspondent banking client’s to detect activity indicative of money laundering or other financial crimes.
The Investigators utilize internal and external investigation technology and research techniques. Based on documented findings, the Investigator will draft a written narrative outlining in detail the results and as appropriate, escalate in accordance with documented procedures.
Use independent and professional judgment when reviewing AML investigations in addition to all policies and procedures and meets regulatory standards.
Monitor case aging and escalate as necessary.
Participate in departmental projects and initiatives.
Keep abreast of new rules, regulations and reputational risks to further improve our investigation processes.
Understand business and regulatory requirements and ensure functions are being performed within those requirements.
Maintain a thorough comprehension of internal AML typologies relating to correspondent banking clients.
For internal use only:
Manage complex investigations involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving designated high risk jurisdictions, and complex structuring schemes to identify potential money laundering or other financial crimes.
Utilize internal and external sources, and partner with other stakeholders, as necessary, to research and investigate cases.
Work with Team Lead to collate metrics and other data as requested.
Liaise with Technology to address any potential production issues and software updates.
Prepare and write Suspicious Activity Reports (SARs) as necessary.
Minimum of a Bachelor’s degree.
Ability to identify, escalate and communicate issues to management in an effective and succinct manner.
Effective decision making skills and strong problem solving skills.
Strong knowledge of AML laws (USA PATRIOT Act), Regulations (Fed, SEC, FINRA) and their application to the supported products/business lines.
Good team player with the ability to manage the team’s workload and their own.
Strong interpersonal skills.
Working knowledge of MS Excel, including pivot tables, macros, filtering, and sorting.
Applied experience of effective internet search techniques.
Excellent writing and communication skills.
Excellent analytical, judgment, and research skills.
Strong attention to detail and the ability to multitask.
An understanding of the legal and compliance issues of complex banking organizations.
Ability to work independently and accurately prioritize workload with minimal supervision.
Correspondent banking experience.
Operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and FedFunds.
Knowledge with Case Management System, Actimize / Mantas.
Experience using LexisNexis
CAMS certification a plus
Job ID: A2305