Anti Money Laundering Analyst

We are currently seeking an AML Associate to support BSA/AML procedures by conducting transaction monitoring and identifying customers that may pose a risk related to money laundering or terrorist financing. This role is vital in reviewing alerts, customer documentation, and behaviors to ensure compliance with regulatory reporting requirements. The AML Associate will analyze, research, and document data to determine whether suspicious activity is present and will draft Suspicious Activity Reports (SARs) when necessary.

Responsibilities:

• Review transaction monitoring alerts from various systems.
• Investigate customer documentation to assess if activity raises suspicion.
• Draft Suspicious Activity Reports (SARs) as required.
• Assist with customer service inquiries.
• Perform investigations and reviews of a minimum of 10 alerts or cases per day.
• Document investigations and related information in appropriate logs.
• Provide support to compliance analysts.
• Undertake other assigned duties.

Requirements:

• Strong ability to multitask, prioritize, and meet deadlines.
• Clear understanding of financial compliance and its significance.
• Exceptional attention to detail.
• Strong analytical skills with excellent oral and written communication abilities.
• Proficiency in Microsoft Word, Excel, and Adobe Acrobat.

Preferred Qualifications:

• A college degree is preferred.
• Prior experience in analyzing datasets.
• Basic knowledge of cryptocurrency and the relevant regulations is a plus.