Transaction monitoring, Immediate joiner, 4+ years

Role & responsibilities

The Analyst/Sr. analyst is responsible for preliminary investigations related to anti-money laundering, counter financing of terrorism, and OFAC investigations playing a critical function in the execution to monitor and report suspicious activities. This role requires strong investigative, writing, and analytical skills. This role requires the ability to work independently to perform an assessment of any matter received from any source, conduct sufficient research and/or review to determine whether escalation is warranted.

Responsibilities

Executing procedures as prescribed; opening reviews for all matters upon which an assessment is performed; determining that an investigation is or is not warranted.

Guaranteeing completeness and consistency in the assessments.

Analyze and assess research results and conduct complex data analysis.

Ensure appropriate collection and analysis of documents to obtain a complete understanding of the client and identify unusual transaction patterns.

Document the data or information on whether to proceed or not to proceed to an escalation.

Identify trends or typologies of incoming referrals.

Maintain end-to-end tracking of incoming assessments to ensure that the decision is determined in a timely manner and as needed, feedback is provided to the referring parties.

Provide timely communication to the first line of defense.

Document adequately all findings and conclusions related to the assessment with explanations in narrative form.

Qualifications

Bachelors degree

Minimum 4+ years professional experience specific to the areas of investigations, compliance, or audit.

Excellent writing skills are required.

Knowledge of the laws and regulation applicable to money laundering, including the Bank Secrecy Act (BSA), The USA Patriot Act, OFAC requirements, FinCEN requirements, Currency Transaction Reports (CTR), and Suspicious Activity Report (SAR) requirements.

Strong interpersonal skills.

Ability to develop strong and productive work relationships with others (i.e. peers, management, etc.)Excellent organizational, time management, and project management skills;

Excellent research skills, including experience with online research tolls;

Advanced proficiency with the Microsoft Suite;

Strong written, analytical, and communication skills

Able to multitask and complete projects on time.