C2c requirements
Job Title: AML Operations Analyst
Location: Raleigh, NC/ Phoenix, AZ
(LOCAL CANDIDATES ONLY!) In Person Interview
Rate: $42 /hr on C2C
JD:
Experience requested: 2-4 yrs
ROLE: AML OPS Analyst
Description:
“• 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, analyzes 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.
• Reviewing alerts: Analyzing AML alerts generated in FCRM, and looking 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
o close an alert as non-suspicious with no further action recommended
o 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.
To apply for this job email your details to bhargavi1@galaxyitech.com