AML Compliance Analyst
Gravity IT Resources, Florida, NY, United States
AML Compliance Analyst
Location:
Remote (EST)
Contract:
6-month Contract
Job Description : Our client provides HCM software and solutions to clients including payment services, managing on behalf of their clients, payments due to employees, tax agencies and other third parties. As a member of our AML Compliance Team, this position is responsible for ensuring that the client meets both its required internal policy and external regulatory Know Your Customer (KYC) and Transaction Monitoring requirements set forth in the Anti-Money Laundering Policy. The AML Compliance Analyst II will be responsible for performing daily KYC and Transaction Monitoring activities.
Responsibilities
Reporting to the Manager of AML Compliance the AML Compliance Analyst II will:
Review, research and remediate AML alerts generated via payroll queries designed to identify potential suspicious activity
Conduct Know Your Customer Program research including Customer Identification Procedures (CIP) and Customer Due Diligence (CDD)
As an individual contributor, conduct AML processes with cross‑functional stakeholders, to allow the client to adhere to compliance with the requirements of the client’s KYC/CIP policy and procedures
Utilize AML program knowledge with cross‑functional stakeholders to ensure the client adheres to compliance with KYC/CIP policy and procedures
With great attention to detail, identify, investigate, and document suspicious activities and report outcomes in accordance with client Policy and external regulatory requirements as necessary
Maintain compliance with OFAC requirements, policies, procedures, and practices for various risk‑rated customer profiles
Collaborate with peers when reviewing transaction monitoring alerts and KYC reviews to escalate risks identified in the AML program to management
Manage AML specific reports and distribute weekly assignments to AML team members.
Requirements
BA/BS Degree in Finance, Criminal Justice or Information Technology or equivalent experience in the compliance, financial or technology sectors as a compliance analyst supporting an AML or compliance program
Ideally has 3-5 years of experience in the AML/Compliance area; ability to understand and solve complex problems in a fast-paced, time-sensitive environment
Should have experience reviewing suspicious activity alerts in a high-volume setting
Ability to manage a high-volume workload while still producing a high-quality work product
Preferred experience using software that performs KYC/CIP functions that achieve BSA/AML results
Knowledge of the Bank Secrecy Act (BSA), USA PATRIOT Act, Anti Money Laundering (AML) and Customer Identification Program (CIP) preferred, but not required
Equal Employment Opportunity Statement
Gravity IT Resources is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, veteran status, or any other legally protected characteristic. All employment decisions are based on qualifications, merit, and business needs.
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Location:
Remote (EST)
Contract:
6-month Contract
Job Description : Our client provides HCM software and solutions to clients including payment services, managing on behalf of their clients, payments due to employees, tax agencies and other third parties. As a member of our AML Compliance Team, this position is responsible for ensuring that the client meets both its required internal policy and external regulatory Know Your Customer (KYC) and Transaction Monitoring requirements set forth in the Anti-Money Laundering Policy. The AML Compliance Analyst II will be responsible for performing daily KYC and Transaction Monitoring activities.
Responsibilities
Reporting to the Manager of AML Compliance the AML Compliance Analyst II will:
Review, research and remediate AML alerts generated via payroll queries designed to identify potential suspicious activity
Conduct Know Your Customer Program research including Customer Identification Procedures (CIP) and Customer Due Diligence (CDD)
As an individual contributor, conduct AML processes with cross‑functional stakeholders, to allow the client to adhere to compliance with the requirements of the client’s KYC/CIP policy and procedures
Utilize AML program knowledge with cross‑functional stakeholders to ensure the client adheres to compliance with KYC/CIP policy and procedures
With great attention to detail, identify, investigate, and document suspicious activities and report outcomes in accordance with client Policy and external regulatory requirements as necessary
Maintain compliance with OFAC requirements, policies, procedures, and practices for various risk‑rated customer profiles
Collaborate with peers when reviewing transaction monitoring alerts and KYC reviews to escalate risks identified in the AML program to management
Manage AML specific reports and distribute weekly assignments to AML team members.
Requirements
BA/BS Degree in Finance, Criminal Justice or Information Technology or equivalent experience in the compliance, financial or technology sectors as a compliance analyst supporting an AML or compliance program
Ideally has 3-5 years of experience in the AML/Compliance area; ability to understand and solve complex problems in a fast-paced, time-sensitive environment
Should have experience reviewing suspicious activity alerts in a high-volume setting
Ability to manage a high-volume workload while still producing a high-quality work product
Preferred experience using software that performs KYC/CIP functions that achieve BSA/AML results
Knowledge of the Bank Secrecy Act (BSA), USA PATRIOT Act, Anti Money Laundering (AML) and Customer Identification Program (CIP) preferred, but not required
Equal Employment Opportunity Statement
Gravity IT Resources is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, veteran status, or any other legally protected characteristic. All employment decisions are based on qualifications, merit, and business needs.
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