AML Business Analyst

Global Technical Talent, an Inc. 5000 Company, is seeking an AML Business Analyst. The role involves investigating and monitoring financial transactions to detect and prevent money laundering and ensuring compliance with AML regulations and policies.

Responsibilities:

• Transaction Monitoring: Reviewing a wide range of financial transactions for suspicious activity
• Investigation: Investigating potential cases of money laundering and other financial crimes; creating and maintaining case files to investigate suspicious activity
• Compliance: Ensuring compliance with AML regulations and policies
• Reporting: Reporting findings to regulatory authorities when necessary; preparing and filing Suspicious Activity Reports (SARs)
• Due Diligence: Conducting customer due diligence (CDD) and Know Your Customer (KYC) checks
• Documentation: Creating and maintaining records of investigation activities and findings; gathering and analyzing documents to assist in identifying suspicious transaction patterns
• Training: Participating in and leading AML compliance training
• Staying Updated: Staying informed about emerging threats and trends in financial crime
• Collaboration: Working with other teams, including law enforcement and compliance officers
• Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity
• Performing periodic reviews of high-risk customers

Requirements:

• Excellent written and verbal communication skills to communicate findings and recommendations
• Strong analytical and problem-solving skills for identifying patterns and trends in financial transactions
• Careful attention to detail for accurately analyzing data and identifying suspicious activities
• Adaptability and flexibility
• Basic computer skills – Microsoft Windows, etc
• High School Diploma or GED required
• 0–2 years of experience within a Business Analyst role; co-op or internship experience considered
• MS Office knowledge
• AML knowledge
• Banking, financial, or customer service experience
• Post-secondary education is an asset
• AML certifications are an asset