Senior AML Analyst
Monex USA Inc., Washington, District of Columbia, United States
Job Title:
Senior AML Analyst Location:
Washington, D.C.; Hybrid (3 Days in-Office, after 90 days in-person) Status:
Full-time; Exempt Reports to:
AML Manager Typical Work Hours:
8:30 a.m. to 5:00 p.m. Monday to Friday
Since 1999,
Monex USA
has provided corporate clients with the best foreign exchange (FX) and international payment solutions in the industry. Monex USA guides thousands of clients, from a broad spectrum of industry sectors, through the intricacies of the currency markets. Our unique market insight is widely recognized in main-line business media such as The Wall Street Journal, Reuters, Bloomberg, and CNBC.
Monex USA is looking for a Senior AML Analyst to examine, evaluate, and investigate eligibility for or conformity with laws and regulations governing contract compliance of licenses and permits, support the Regulatory Compliance manager, and perform other compliance and enforcement inspection and analysis activities.
Responsibilities
Reviews and processes incoming client accounts of all client types
Reviews and processes accounts requiring EDD
Performs QC on analyst TM case reviews
Reviews and evaluates active transaction monitoring cases, and evaluating business rules, as needed
Performs initial and ongoing client monitoring and screening against sanctions and other blocklists
Receive and manage responses to bank RFIs
Assists in the investigation of suspicious activity and the drafting of SARs in coordination with the AMLRO
Assists in the training of new AML analysts as needed
Responsible for the third-party compliance risk assessments and conducting evaluations of new and existing vendors, partners, and IBs
Conduct reviews and investigations of suspicious activity, and prepare Suspicious Activity Reports (SARs) in collaboration with the Deputy Money Laundering Reporting Officer (AMLRO)
Review, approve, and quality-check SARs, EDD reviews, and case files from junior analysts
Manage new and existing correspondent bank relationships to include onboarding questionnaires and ongoing EDD
Develops, implements, and updates company-wide processes for stronger internal controls and process flow improvement
Assists the manager in drafting, implementing and updating company-wide policies and procedures for stronger internal controls and process flow improvement
Characteristics
Sees the bigger picture
Mature and professional
An excellent verbal and written communicator
Time management
Organizational skills
Required Qualifications
Bachelor’s Degree in business, economics, political science, or related field
4+ years experience in the BSA/AML industry
Experience in automating compliance processes Preferred Qualifications
Anti-Money Laundering certifications to include CAMS, CSS, etc.
Relevant work experience at an MSB/PSP
Compensation
The annual salary range is about $75,000 to $80,000 based on experience, with a 10% annual discretionary bonus.
Benefits
Medical insurance
Dental insurance
Vision insurance
Long Term Disability
Short Term Disability
AD&D insurance
Commuter Benefits
401K & Roth
16 days of PTO
Pet Insurance
Monex Inc. is an Equal Opportunity Employer. Diversity is valued and the company will not tolerate any form of discrimination or harassment.
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Senior AML Analyst Location:
Washington, D.C.; Hybrid (3 Days in-Office, after 90 days in-person) Status:
Full-time; Exempt Reports to:
AML Manager Typical Work Hours:
8:30 a.m. to 5:00 p.m. Monday to Friday
Since 1999,
Monex USA
has provided corporate clients with the best foreign exchange (FX) and international payment solutions in the industry. Monex USA guides thousands of clients, from a broad spectrum of industry sectors, through the intricacies of the currency markets. Our unique market insight is widely recognized in main-line business media such as The Wall Street Journal, Reuters, Bloomberg, and CNBC.
Monex USA is looking for a Senior AML Analyst to examine, evaluate, and investigate eligibility for or conformity with laws and regulations governing contract compliance of licenses and permits, support the Regulatory Compliance manager, and perform other compliance and enforcement inspection and analysis activities.
Responsibilities
Reviews and processes incoming client accounts of all client types
Reviews and processes accounts requiring EDD
Performs QC on analyst TM case reviews
Reviews and evaluates active transaction monitoring cases, and evaluating business rules, as needed
Performs initial and ongoing client monitoring and screening against sanctions and other blocklists
Receive and manage responses to bank RFIs
Assists in the investigation of suspicious activity and the drafting of SARs in coordination with the AMLRO
Assists in the training of new AML analysts as needed
Responsible for the third-party compliance risk assessments and conducting evaluations of new and existing vendors, partners, and IBs
Conduct reviews and investigations of suspicious activity, and prepare Suspicious Activity Reports (SARs) in collaboration with the Deputy Money Laundering Reporting Officer (AMLRO)
Review, approve, and quality-check SARs, EDD reviews, and case files from junior analysts
Manage new and existing correspondent bank relationships to include onboarding questionnaires and ongoing EDD
Develops, implements, and updates company-wide processes for stronger internal controls and process flow improvement
Assists the manager in drafting, implementing and updating company-wide policies and procedures for stronger internal controls and process flow improvement
Characteristics
Sees the bigger picture
Mature and professional
An excellent verbal and written communicator
Time management
Organizational skills
Required Qualifications
Bachelor’s Degree in business, economics, political science, or related field
4+ years experience in the BSA/AML industry
Experience in automating compliance processes Preferred Qualifications
Anti-Money Laundering certifications to include CAMS, CSS, etc.
Relevant work experience at an MSB/PSP
Compensation
The annual salary range is about $75,000 to $80,000 based on experience, with a 10% annual discretionary bonus.
Benefits
Medical insurance
Dental insurance
Vision insurance
Long Term Disability
Short Term Disability
AD&D insurance
Commuter Benefits
401K & Roth
16 days of PTO
Pet Insurance
Monex Inc. is an Equal Opportunity Employer. Diversity is valued and the company will not tolerate any form of discrimination or harassment.
#J-18808-Ljbffr