AML SAR writer Job at Motion Recruitment in New Castle

Overview

Grow your career with an innovative global bank in New Castle, DE as an Anti-Money Laundering specialist with SAR Writer. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world\'s most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will review system-generated and manual cases for activity conducted by company clients. You will be responsible for managing a caseload of investigations, perform analysis and follow-up and work cases from beginning to completion according to company AML procedures and policies. Cases are generated from sources which include Automated Alerts (EAP, Mantas), and Manual referrals.

You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Responsibilities

• Review system-generated and manual cases for activity conducted by company clients and manage a caseload of investigations from inception to completion according to AML procedures and policies.
• Analyze cases and perform follow-up actions as required.
• Work on cases generated from Automated Alerts (EAP, Mantas) and manual referrals.
• Document and report case review/investigation findings and prepare case files for review (e.g., media search results, copies of statements/checks, results from internal system searches).
• Conduct research across bank systems, the internet and databases to resolve investigations.
• Collect and examine financial statements/transaction data and other documents to identify unusual transaction patterns.
• Follow up with additional Points of Contact to gather information in support of the case.
• Document all research and analysis in the Case Management System and create Suspicious Activity Reports (SARs); recommend relationship retention or termination; track account closures as required.
• Liaise with other units as applicable.

Qualifications

• Required Skills & Experience
• 1 to 5 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations.
• Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
• Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US Treasury AML guidelines, OFAC, SEC, FINRA, FRB, FinCEN requirements, and SAR requirements.
• General understanding of Senior Public Figures, Money Service Businesses, Wealth Management and Retail Banking and compliance with those business segments.
• Excellent project management skills.
• Excellent research skills including experience with online search tools.
• Advanced proficiency in Microsoft Office (Word, Excel, Access, PowerPoint, Outlook).

Desired Skills & Experience

• CAMS Certification

You will receive the following benefits

• Medical Insurance - Four medical plans to choose from for you and your family
• Vision Benefits
• Health Savings Account (HSA)
• Health and Dependent Care Flexible Spending Accounts
• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
• Hospital Indemnity Insurance
• Legal and Identity Protection Plans
• Pre-tax Commuter Benefit

Employer & Compliance

Motion Recruitment Partners (MRP) is an Equal Opportunity Employer. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.

Seniority level

• Associate

Employment type

• Contract

Job function

• Legal

Industries

• Financial Services and Banking