TekStaff's Client has a current vacancy for " AML-Business Analyst”
ASSIGNMENT DETAILS
Position Title: US - AML Business Analyst I
Duration: 5 months
Extension possible: Possibility – based off of business needs and performance
Conversion Possible: Not likely – based off of business needs and performance
Business Unit: 4 - FCRM Canada & Global Sanctions (S_1018027)
Schedule: M-F, core business hours – 40 hours per week, 8 hours per day
Work Location:
Remote, : 100% remote (EST)
CANDIDATE PROFILE DETAILS
Degree/Level of Education: Post secondary is an asset
Certifications Required: AML certifications is an asset
Years of Overall Experience: 0-2 years of experience, co-op/internships is great
How will performance be measured: SLA’s and KPI’s – daily goal number for cases and quality control
SUMMARY OF THE ROLE
Typical Day-to-Day Responsibilities: please see below
How much time is being spent in meetings – 30 minutes per day on average
Who are they interacting with (internal/external) – Internal
Will the contractor have access to any customer data? Yes
AML Business Analyst An Anti-Money Laundering (AML) Analyst investigates and monitors financial transactions to detect and prevent money laundering, terrorist financing, and other financial crimes. They analyze data, conduct investigations, and ensure compliance with AML regulations and policies, ultimately helping to maintain the integrity of the financial system.
Key Responsibilities: Transaction Monitoring: Reviewing a wide range of financial transactions for suspicious activity.
Investigation: Investigating potential cases of money laundering and other financial crimes. Creating and maintaining case files to investigate suspicious activity.
Compliance: Ensuring compliance with AML regulations and policies.
Reporting: Reporting findings to regulatory authorities when necessary. Preparing and filing Suspicious Activity Reports (SARs).
Due Diligence: Conducting customer due diligence (CDD) and Know Your Customer (KYC) checks.
Documentation: Creating and maintaining records of investigation activities and findings; gathering and analyzing documents to assist in identifying suspicious transaction patterns.
Training: Participating in and leading AML compliance training.
Staying Updated: Staying informed about emerging threats and trends in financial crime.
Collaboration: Working with other teams, including law enforcement and compliance officers. Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity. Performing periodic reviews of high-risk customers.
MUST-HAVE Hard Skills:
1.) 0-2 years of experience within a Business Analyst role (internship or co-op considered as experience)
2.) Basic computer skills – Microsoft Windows etc.
3.) Must have completed a High School Diploma or GED
SOFT SKILLS
1.) Excellent written and verbal communication skills are needed to communicate findings and recommendations
2.) Strong analytical and problem-solving skills are crucial for identifying patterns and trends in financial transactions
3.) Careful attention to detail is necessary for accurately analyzing data and identifying suspicious activities
4.) Adaptability and flexibility
NICE-TO-HAVE
2.) AML knowledge
3.) Banking, Financial or Customer Service experience
• TekStaff may use artificial intelligence (AI) tools as part of the applicant screening process. However, applications will also be reviewed by a member of our Recruitment team to ensure a fair and thorough assessment.