Temporary Financial Analysts

Our client provides a full suite of subject matter expertise and co-sourcing solutions designed to assist their clients with Anti Money Laundering obligations.

REGULATORY COMPLIANCE PROFESSIONAL

DETAILS:
The AML Investigator is responsible for ensuring the requirements of the Bank Secrecy Act and anti-money laundering ( AML ) provisions of the U.S.A. PATRIOT ACT are maintained at a level commensurate with regulatory expectations for multiple financial institutions. This role is responsible for performing suspicious activity monitoring to identify customers which pose a risk for money laundering and terrorist financing. This role assists in Suspicious Activity Reporting ( SAR ) and/or high risk customer investigations, including the preparation of SARs as required by BSA/AML regulatory standards. The AML Investigator compiles evidence and documentation in compliance with BSA/AML procedures and regulatory requirements. This role may additionally include junior level consulting roles on these topics.

RESPONSIBILITIES:
- Perform periodic file reviews ensuring activities are reviewed in a holistic manner across the spectrum of products and services used by the customer.
- Ensure Customer Due Diligence is properly performed and Enhanced Due Diligence is applied in cases where warranted to mitigate AML/Terrorist Financing exposure.
- Investigate potentially suspicious activity, make risk-based SAR recommendation and prepare SARs.
- Perform periodic file reviews ensuring activities are reviewed in a holistic manner across the spectrum of products and services used by the customer.
- Ensure CDD is properly performed by the LE/LOB and EDD is applied in cases where warranted to mitigate AML/TF.
- Investigate potentially suspicious activity, make risk-based SAR recommendation and prepare SARs.
- Conduct initial reviews of new foreign correspondent banks (FCBs) and foreign non-bank financial institutions (FNBFIs).
- Investigate potentially suspicious activity escalated by the Alert Adjudication Unit, make risk-based SAR recommendation and prepare SARs.
- Interface with clients on regulatory matters.
- Detect potentially suspicious activity when manual complex processes are needed.

KNOWLEDGE & SKILLS:
- 0-3 years professional experience preferred (2013, 2014 & 2015 grads)
- Bachelor's Degree minimum, JD or MBA preferred
- Strong oral and written communication skills
- Sound analytical, problem solving and organizational skills
-Outstanding and up to date Excel skills required