AML Analyst
Key job responsibilities:
- Reviewing alerts: Analyzing AML alerts generated in FCRM, and look for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc.
- Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
- Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customer's expected activity.
- Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
- Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
- Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended escalate it to a higher level for more robust & thorough investigations
- Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update
- Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures.
Key Skills:
- Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
- Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
- Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.
- Investigative skills: Capability to gather and assess information from various sources to support decision-making
- Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities
TCS Employee Benefits Summary:
• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.
Salary: $55,000 - $80,000 per year
#LI-DH1
Location
Cincinnati, OH
Job Function
BUSINESS PROCESS SERVICES
Role
Analyst
Job Id
360182
Desired Skills
Risk AML
...talented, motivated electrical and construction professionals to join our team.For more information, please visit Job Title: Training Coordinator - Mesa, AZJob Summary: The Training Coordinator (TC) will serve as the support person for the Field Training Facilitator (...
Optometrist (OD)\ Excellent earning opportunity for Optometrist in Southern New York State\ Great opportunity to join a highly successful private Optometry practice located in Southern NY just over the PA border. This 2 location progressive practice has much to offer...
...Calling All Childcare Heroes! Are you a natural with kids? Whether you're a seasoned nanny, babysitter, daycare pro, retired teacher, or simply someone who loves spending time with children, we want YOU on our on-call nanny squad! Forget boring job descriptions - we...
We are hiring an energetic Administrative Assistant for a Recruitment Agency in Australia (Home Based Part Time) to join our all-star team at Virtual Coworker INC in Remote. Growing your career as a Part Time Administrative Assistant for a Recruitment Agency in Australia...
...motivated Senior Mechanical C ommissioning Agent. This role will be based out of... ...technology centric competitive edge you will work with design engineers, vendors, contractors... ...hours and Friday for 4 hours remotely at home and fun social events, it is everything you...