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AML Compliance Analyst - Paying up to $28/hr

Company: AllSTEM Connections
Location: Newark
Posted on: May 15, 2022

Job Description:

AllSTEM is looking for an AML Compliance Analyst with one of our leading client in Financial Services. Great Company, Good Culture

Experience Preferred: Fraud experience/SAR/ AML/ Check Fraud/ Electronic Fraud/ Prior Bank experience is welcomed / 2-3 years compliance- fraud - investigations - Law enforcement

Interpretation of AML Risk standards, guidelines, policies and procedures. Make risk based determination through Quality Analysis whether alerts were properly cleared by Compliance Alerts Analysts. Ensure Alert data has been accurately collected and documented, including but not limited to: Investigations data, Suspicious Activity Reports (SARS) & Currency Transaction Reports (CTR), Know Your Customer (KYC) information, any relevant account and transaction data and all required information which would assist in an investigation. Strong research, analytical and comprehension skills, with ability to analyze large amounts of data.

--- Conduct periodic internal customer and accounts reviews to identify potential suspicious activity

--- Collect and document alert, case or Suspicious Activity Report (---SAR---) history; customer background and Know Your Customer (---KYC---) information; relevant account and transaction data; plus any other required information to assist in the investigation

--- Review and analyze underlying information gathered to assess reasonable cause to close or escalate an alert to SAR; prepare SARs for filing with FinCEN when applicable

--- Document and summarize findings including supporting information, analysis and rationale for disposition within the case management system in a timely manner

--- Build relationships with the Review and QA groups, while also effectively communicate and transfer information for investigations

--- Function as a key contributor and demonstrate knowledge of money laundering and terrorist financing typologies

--- Participate in individual and department goal development and execute on tactical strategies for goal attainment

Apply for this great position today! AllSTEM Connections is proud to be an Equal Opportunity Employer. Pursuant to applicable state and municipal Fair Chance Laws and Ordinances, we will consider for employment qualified applicants with arrest and conviction records.

0-1 years

Keywords: AllSTEM Connections, Newark , AML Compliance Analyst - Paying up to $28/hr, Professions , Newark, New Jersey

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