Anti-Money Laundering Specialist


Brief Summary

Anti-Money Laundering Specialist Technical Requirements: • Bachelor’s degree or equivalent work experience • 3-5 years of relevant financial industry experience. • Proficient in various data mining, reporting and information systems retrieval tools • Experience working with sensitive and confidential customer data. • Internal Audit experience or Certified Anti-Money Laundering Specialist certification. • Ability to drive for results • Ability to adapt • Ability to analyze issues and make decisions • Skill to combine pieces of information to form general rules or conclusions (includes finding relationship among seemingly unrelated events). • Ability to manage execution • Ability to collaborate and listen effectively • Ability to influence others • Effective writing and oral communication skills • Detailed knowledge of the Bank Secrecy Act, USA PATRIOT Act and Office of Foreign Assets Control laws and regulations. • Ability to recognize the difference between money laundering activity and potentially fraudulent schemes and patterns. Tasks: • Conducts complex data analysis using AML management tools and systems to detect patterns and trends consistent with money laundering activity. • Documents analysis details within case management tools. • Performs Know Your Customer (KYC) due diligence and contacts customers as required. • Continuously improves analysis and detection processes to detect money laundering activities. • Develops product and system knowledge. • Teams with other AML and fraud resources to support AML and fraud investigations across multiple lines of business. • Briefs team leads, investigators and management on risk factors and findings. • Enhance knowledge and stay abreast of money laundering trends, techniques and tools employed by criminals and terrorists.