AML Analyst
Key job responsibilities:
- Reviewing alerts: Analyzing AML alerts generated in FCRM, and look for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc.
- Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
- Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customer's expected activity.
- Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
- Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
- Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended escalate it to a higher level for more robust & thorough investigations
- Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update
- Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures.
Key Skills:
- Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
- Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
- Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.
- Investigative skills: Capability to gather and assess information from various sources to support decision-making
- Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities
TCS Employee Benefits Summary:
• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.
Salary: $55,000 - $80,000 per year
#LI-DH1
Location
Cincinnati, OH
Job Function
BUSINESS PROCESS SERVICES
Role
Analyst
Job Id
360182
Desired Skills
Risk AML
...Job Title: Visual Designer and Illustrator Client Location: Remote (PST hours) Starting: 06/02/2025 Salary/Pay Rate: $50-$5... ...employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national...
...explore the world. To bring membership to life, the Global E2E Testing team supports all travel capabilities in TLS. With a deep understanding... ...while equipping a high-tech, high-touch workforceThe Director, User Acceptance Testing for American Express Travel & Lifestyle...
...week About the Role: Were seeking an organized, detail-oriented Junior Analyst to join our Vendor Management team. In this entry-level role, youll assist with managing vendor relationships and coordinating cybersecurity questionnaires to ensure our third-party...
Assistant General Managers Chick-fil-A Earn $23/hr. Now Hiring at Indian Castle Travel Plaza Mile Post 210 East, NY State Thruway, Little Falls, NY 14432 Competitive Pay and Great Benefits!Get Paid as You Earn! Applegreen is excited to offer Paycheck...
...working with a Medical Device organization looking for a Director of Machine Learning. If you're passionate about machine learning, neuroscience, and making a measurable difference in peoples lives, this is a unique opportunity to apply your skills in one of the most...