AML Business Analyst I

ICONMA is seeking an AML Business Analyst I for their client in the Banking sector. The role involves identifying and escalating potential adverse media matches for customers, ensuring compliance with AML regulations, and staying updated on financial crime trends.

Responsibilities:

• AML Adverse Media Business Analyst
• An AML (Anti-Money Laundering) Adverse Media Business Analyst is responsible for identifying and escalating potential adverse media matches for a Client customer using a portfolio monitoring application
• Reviews cases based on queue assignment for potential matches, focusing on key demographics such as name (all variations/translations, etc.), date of birth/age, and address/location. Works to disprove or escalate to Level 1 analyst for review based on decision matrix tool. Documents rationale for all dispositions for Level 1 analyst and Quality Assurance review
• Compliance: Ensuring compliance with AML regulations and policies
• This position is located in the Financial Crimes Risk Management ("FCRM") Group, which is responsible for the detection, investigation, and reporting of potential money laundering and terrorist financing activities conducted through Client
• Staying Updated: Staying informed about emerging threats and trends in financial crime

Requirements:

• Strong analytical thinking skills
• Active listening
• Organization
• Time management
• Attention to detail in high-volume work
• Thorough understanding of adverse media credible sources
• Knowledge of predicate crime/activity and clear implication of a Client customer
• Experience in Banking or Financial Institution or related field
• Proficiency in MS Office Suite
• Understanding of AML regulations
• Experience in case management - minimum 100-425 cases per day
• Experience handling a large workload