BSA /AML Analyst

As a BSA/AML Analyst at Novo, you will play a crucial role in monitoring and conducting Anti-Money Laundering (AML) investigations. Your primary responsibility will be to identify and analyze unusual activity, summarize findings effectively, and contribute to maintaining Novo's compliance with relevant laws and regulations. You will be tasked with monitoring and investigating alerts generated by Novo's transaction monitoring system. Your role will involve documenting and reporting review/investigation findings, preparing detailed case files with necessary supporting documentation, and providing a comprehensive analysis of alert activity to support decision-making processes. Additionally, you will be responsible for assisting in disposing/escalating alerts and cases based on agreed-upon Service Level Agreements (SLAs). Communication is key in this role, as you will interact with various stakeholders, including senior management, to address compliance, legal, and business BSA/AML issues. Keeping abreast of changes in laws, guidelines, and regulations related to anti-money laundering will be essential to ensure Novo's adherence to regulatory requirements. To excel in this position, you should have at least 1 year of experience in AML investigations, with the ability to identify money laundering patterns, analyze transactions, and escalate issues when necessary. Strong written and verbal communication skills are a must, as you will be required to summarize complex investigations and provide clear recommendations. Being organized, detail-oriented, and a proficient problem solver are qualities that will help you succeed in this role. Proficiency in tools such as Microsoft Excel, Google Sheets, and SQL will be advantageous. An analytical mindset and experience in the banking or fintech industry are also desirable qualifications for this position. If you are passionate about combating money laundering, possess excellent investigative skills, and are eager to contribute to revolutionizing the small business banking industry, we invite you to join our team at Novo. Let's work together to enhance Novo's capabilities in serving small businesses and ensuring compliance with AML regulations.,