AML Investigation Analyst / SAR Writer
Motion Recruitment Partners LLC, New Castle, Delaware, United States, 19720
Grow your career with an innovative global bank in New Castle, DE as an AML Investigation Analyst with strong end-to-end investigation and SAR writing experience. Contract role with strong possibility of extension. Will require working a hybrid schedule 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. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6 Months
Required Skills & Experience
2+ years of AML experience with Retail and Credit customer transactions.
Experience reviewing suspicious activity and performing AML investigations.
Experience writing end-to-end Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
Comprehensive knowledge of AML regulations including 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.
Advanced proficiency in Microsoft Office (i.e., MS Word, MS Excel, MS Access, MS PowerPoint and MS Outlook).
Effective verbal and written communication skills.
Desired Skills & Experience
CAMS Certification
Bachelor's degree
What You Will Be Doing
Responsible for performing AML Reviews/Investigations of account activity, and recommending the filing of Suspicious Activity Reports (SARs) and/or relationship termination, as appropriate.
Work cases from beginning to completion in accordance with relevant bank AML policies and procedures. Cases are generated from sources which include: Automated Monitoring System (e.g. Mantas)
Client-On boarding and Maintenance and Transaction monitoring referrals
Referrals from business partners and other control areas
Conduct research over available Bank systems, the Internet and Commercial Databases consistent with the resolution of case reviews and investigations.
Collect and examine financial statements and documents to assist in identifying unusual transaction patterns.
Document and report the review/investigation findings and prepare case files with required supporting documentation (e.g. media search results, copies of statements/checks, results from internal system searches, etc.)
Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.
Liaise with other FIU units, Advisory, Business Compliance teams, CSIS, FIU Legal, GIU, and Law Enforcement.
Draft and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements.
Recommend relationship retention or termination and track account closures as required
Interact with Senior Management on the Compliance, Legal and business sectors concerning AML issues.
May provide direction to more junior staff.
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Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6 Months
Required Skills & Experience
2+ years of AML experience with Retail and Credit customer transactions.
Experience reviewing suspicious activity and performing AML investigations.
Experience writing end-to-end Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
Comprehensive knowledge of AML regulations including 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.
Advanced proficiency in Microsoft Office (i.e., MS Word, MS Excel, MS Access, MS PowerPoint and MS Outlook).
Effective verbal and written communication skills.
Desired Skills & Experience
CAMS Certification
Bachelor's degree
What You Will Be Doing
Responsible for performing AML Reviews/Investigations of account activity, and recommending the filing of Suspicious Activity Reports (SARs) and/or relationship termination, as appropriate.
Work cases from beginning to completion in accordance with relevant bank AML policies and procedures. Cases are generated from sources which include: Automated Monitoring System (e.g. Mantas)
Client-On boarding and Maintenance and Transaction monitoring referrals
Referrals from business partners and other control areas
Conduct research over available Bank systems, the Internet and Commercial Databases consistent with the resolution of case reviews and investigations.
Collect and examine financial statements and documents to assist in identifying unusual transaction patterns.
Document and report the review/investigation findings and prepare case files with required supporting documentation (e.g. media search results, copies of statements/checks, results from internal system searches, etc.)
Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.
Liaise with other FIU units, Advisory, Business Compliance teams, CSIS, FIU Legal, GIU, and Law Enforcement.
Draft and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements.
Recommend relationship retention or termination and track account closures as required
Interact with Senior Management on the Compliance, Legal and business sectors concerning AML issues.
May provide direction to more junior staff.
#J-18808-Ljbffr