Location: Coppell, TX
Description:
Company: Federal Gov service provider
Position: AML Compliance analyst
Location: Fully Onsite 5 days per week in San Antonio OR Lewisville, TX
MUST BE A US CITIZEN
Start Date: September 9th
Duration: Through February 2025, with possibility of extension or perm conversion thereafter.
Bachelor's Degree is strongly preferred, but not required. (If a candidate doesn't have a
PLEASE NOTE: There is a 6-8 week training period at the beginning and the client is not allowing for more than 1-2 days off during this time - so attendance is critical for candidates. Client has had to reject folks who had summer vacations planned because of the client's strict nature on this.
JOB DESCRIPTION:
AML Compliance Analyst
Responsibilities:
The responsibilities of the Analystwill include, but are not limited to:
• Performing AML alert/case reviews, seeking to mitigate risks associated to financial crimes and suspicious activity.
• Applying research and analytic techniques to digest complex information sets in order to make logical and adequately supported determinations in regard to unusual and potentially suspicious activity.
• Applying consistent and well-documented analysis consistent with industry standards to ensure success in the following daily efforts of Transaction Monitoring:
o Conducting an end-to-end and meticulous review of potential illegal or suspicious activity;
o Completing a time-sensitive and meticulous analysis of each instance of potential Anti-Money Laundering activity and/or suspicious financial activity across multiple jurisdictions and countries;
o Assessment of customer profiles and client data to identify whether activity is consistent with typical purchasing/payment activity, including Acceptable Use Policy adherence and Know Your Customer efforts; and
o Documenting findings in narrative style format, in the manual and automated process case management system and prepare updates to Project Managers / Team Leads as appropriate.
o Make determinations for potential Suspicious Activity Report (SAR) filings.
Qualifications:
Required:
• Minimum 2 years of compliance experience (transaction monitoring, fraud, or AML)
• Bachelor's degree from an accredited college/university.
• In office work required 5 days a week in San Antonio, TX or Lewisville, TX
• Knowledge of applicable laws, regulations, and guidelines (e.g. BSA, OFAC, FinCEN guidance)
• Experience working with manual, and system generated alerts/cases for the detection of potentially suspicious activity.
• Knowledge of US reporting requirements as it relates to suspicious activity reports and cash transaction activity.
• Ability to detect and mitigate red flags for potential financial crime, including money laundering, terrorism financing activities and fraud, as it appears in transactional data.
• Solid Excel skills.
• The ability to excel within a team environment and independently.
• Effective oral and written communication skills.
Preferred:
• 3+ years of experience assessing and reviewing system generated and manual AML alerts and/or escalations/SAR write-ups for potentially suspicious activity.
• Experience with AML risks associated with cryptocurrencies.
• CAMS certification.
• Specific experience with cryptocurrency products as a user and / or experience working in the digital currency industry
• End to End understanding of Transaction Monitoring/ KYC/ Screening/ Fraud Operations
• Jurisdiction specific SAR filing/Narrative from documentary and non-documentary verification and as per relevant policy, nature of business, source of wealth/funds, and customer screening against the watchlist of Sanctions, PEP, and adverse media
• Ability to conduct detailed investigations using vendors and open sources to remediate compliance alerts and to independently research, analyze, and recommend solutions to close open items and discrepancies.
• Experience in using various risk case management systems.
• Experience processing financial crime risk management typologies as related to brokerage and virtual currency exchanges.
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