About the role
AI summarisedSenior AML Analyst responsible for conducting enhanced due diligence, transaction monitoring, and suspicious activity reporting at a bank. The role involves reviewing alerts, investigating potential money laundering, and ensuring compliance with regulatory requirements.
BusinessFull-timeGeneral
Key Responsibilities
- Conduct enhanced due diligence on high-risk customers and transactions.
- Monitor transactions for suspicious activity and investigate alerts.
- Prepare and file Suspicious Activity Reports (SARs) with regulatory authorities.
- Review and update customer risk profiles based on ongoing monitoring.
- Collaborate with business units to ensure AML compliance in new products and services.
- Assist in AML training and awareness programs for staff.
- Maintain accurate records and documentation for audit and regulatory review.
- Stay updated on AML regulations and industry best practices.
Requirements
- Bachelor's degree in Finance, Accounting, Business, or related field.
- Minimum 5 years of experience in AML, compliance, or financial crime investigation.
- CAMS certification required.
- Strong knowledge of AML regulations, including BSA/AML and OFAC.
- Experience with transaction monitoring systems and case management tools.
- Excellent analytical and problem-solving skills.
- Strong written and verbal communication skills.
- Ability to work independently and as part of a team.
- High attention to detail and accuracy.
- Proficiency in Microsoft Office Suite.