AML Sr Analyst

Description

Primary responsibilities

The AML Due Diligence Senior Analyst provides overall day-to-day operational oversight responsibility for evaluating customer information and taking appropriate action to protect the company against risk of money laundering activity. Responsible for ensuring that all assigned functions and tasks are performed according to the standards set forth by the Bank in addition to government and industry regulations. The Senior Analyst will take responsibility for high priority cases and projects as assigned, including oversight and coordination of designated DDM activities, applicable regulator evaluation, and any other priority assignment delegated from the Head of AML Due Diligence Management. This role does not include direct supervisor responsibilities.

Participate in the day-to-day DDM tasks. Address execution errors, productivity deficiencies, and all other vendor management factors associated to assigned functions. Perform assigned high-risk responsibilities to ensure accurate and effective execution.

Create and maintain appropriate files and records of all assigned functions for use by AML supervisor staff as well as internal, external, and regulatory examiners during annual audits and examinations.

Interface with vendor leadership, internal clients, compliance, business, quality control, and IT stakeholders as needed to sufficiently direct BAU activities for assigned functions. Coordinate necessary communication/meeting protocols when circumstances dictate escalation or bifurcation from standard BAU practices.

Understand and follow operational controls to minimize errors. Play an active role in updating and amending operational controls when circumstances dictate escalation or bifurcation from standard BAU practices.

Qualifications, Education, Certifications and/or Other Professional Credentials

Proven oversight/monitoring skills (contractor productivity, development, and support) - experience handling due diligence-related reviews

Ability to communicate effectively at appropriate level with the organization and direct outcome in a cooperative and effective manner

Ability to work in face-paced, high volume workflow process while providing effective oversight and process monitoring

Strong industry knowledge of AML-related regulations and industry practices

Industry certification and/or specialized training in AML disciplines

Bachelor’s Degree (or higher) strongly desired. (Experience in lieu of degree)

Hours & Work Schedule

Hours per Week: 40

Work Schedule: M-F(currently hybrid-3 days in office, 2 days remote)