AML Senior Analyst

AML Senior Analyst

Requirements

• Minimum five (5) years of relevant experience in the financial industry, with a focus on AML investigations and related reporting requirements.
• Bachelor’s degree; or equivalent experience with financial crime investigations, legal or other investigation functions in a financial services firm, a regulatory organization, a legal/consulting firm or law enforcement.
• Relevant AML and/or Sanctions Certification desired
• Comprehensive knowledge and understanding of AML regulatory reporting requirements and obligations.
• Comprehensive knowledge and understanding of transaction monitoring and customer screening tools and applications, as well as related workflow and case management.
• Strong analytical, research and investigative skills.
• Strong presentation skills, both orally and written, with the ability to articulate complex problems and solutions through concise and clear messaging with people at all levels of the organization.
• Previous experience writing and filing Suspicious Activity Reports.
• Ability to interact with all levels of management across the organization.
• Self-starter with a proven ability to plan and work independently and excel in a fast-paced environment with large workloads and tight deadlines.
• Proficiency using MS Office (Outlook, Word, Excel, PowerPoint) and other tools, systems and/or applications required to perform the duties of this position.

Responsibilities

• Conduct financial forensic investigations on AML cases involving complex patterns of transactions identified through internal AML applications, referrals from functional areas, law enforcement and other sources of intelligence.
• Perform independent assessments of the risks represented by the customer and/or activity in which the customer has engaged and determine the best investigative approach for each unique case, ensuring that key questions are addressed, and FNZ Trust Company’s policies and regulatory obligations are satisfied.
• Exercise critical thinking and critical decision-making skills to efficiently and effectively determine whether or not further investigative and analytical activity is required.
• Exercise autonomous decisioning and make recommendations with regard to the status of referred customers/activity (e.g., case/no case, SAR/no SAR, customer termination/customer retention).
• Create and maintain comprehensive, well-organized case files that clearly document decision-making processes and contain all applicable supporting documentation.
• Prepare clear, concise and effective Suspicious Activity Reports (SARs), ensuring that the observed activity is described for a law enforcement audience.
• Ensure Suspicious Activity Reports meet all regulatory requirements and are completed within the required regulatory timeframe.
• Exercise independent discretion identifying, evaluating, and resolving issues. Senior Analysts are expected to resolve problems directly rather than solely escalating to AML & Sanctions Management.
• Demonstrate the ability to identify and escalate customers and activity that represent a significant risk to FTC in terms of regulatory compliance, violation of law, risk appetite or reputation.
• Demonstrate a strong understanding of BSA/AML regulations, USA PATRIOT Act, OFAC sanctions regulations and other applicable financial crime regulations, applying this knowledge to the analysis and review of customers and activity in order to identify and report suspicious activity.
• Organize and prioritize work tasks to ensure that a large volume of work is completed in a risk based and efficient manner.
• Effectively communicate any rationale behind closing/terminating recommendations.
• Provide guidance and support on current and new business initiatives, policies and procedures, risks and compensating controls, and regulatory issues.
• Provide guidance and support to First Line of Defense (FLOD), and AML & Sanctions Analysts on investigative best practices, alert reviews, and escalations.
• Display a high level of professional aptitude and standards.

Preferred Qualifications

• Relevant AML and/or Sanctions Certification desired