Job Description
AML OPS Analyst ONSITE- Raleigh, NC/ Phoenix, AZ Description:
"• Basic understanding of AML regulations: Familiarity with Bank
Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
• nalytical skills: Ability to identify patterns, analyze complex data,
and draw logical conclusions from available information.
• ttention 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.
• Reviewing alerts: Analyzing AML alerts generated in FCRM, and
looking 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.
• lert disposition: Deciding whether to
o close an alert as non-suspicious with no further action recommended
o 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.
"
• Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
• nalytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
• ttention 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.
• Reviewing alerts: Analyzing AML alerts generated in FCRM, and looking 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
o close an alert as non-suspicious with no further action recommended
o 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
Diverse Lynx LLC is an Equal Employment Opportunity employer. All qualified applicants will receive due consideration for employment without any discrimination. All applicants will be evaluated solely on the basis of their ability, competence and their proven capability to perform the functions outlined in the corresponding role. We promote and support a diverse workforce across all levels in the company.
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