Hi ,
AML Business Analyst
Cincinnati, OH
12+ months contract
Rate:- $50 to $55/hr on C2C
Except OPT & CPT all visa open
Anti-money laundering (AML) experience must have
Responsibilities
- Knowledge of the laws applicable to money laundering, to include the BSA, The Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
- Review and research suspect items and/or transactions for Above the Line and Below the Line testing of events in order to assist with tuning and threshold setting.
- Assist with validation of parsing and entity resolution results.
- Ability to determine if the transactions meet the requirements of the scenario.
- Communicate with AML Compliance Manager any activity and trends that could implicate potential money laundering or terrorist financing.
- Performs routine compliance tasks and deals with routine compliance issues, typically concerning documentation, reporting, etc. May assist in monitoring regulatory issues. Follows established guidelines and procedures.
- Stay apprised of regulatory matters and developments through regular review of appropriate compliance publications and websites and by participating in relevant compliance conferences and other training events.
- Applies knowledge of company policies and standard practices to resolve problems
- Analyzes issues and uses judgment to make decisions. Escalates non-standard problems or issues
- Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for the Branch
- Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities
- Use scenario parameters and analyze data that triggered an alert
- - Identify why a particular alert was not triggered
- - Validate customer and entity resolution using Bic Code, Bank id and Customer details such as address and name
- - Able to create quick macros for validation and data analytics
Requirements
- Ability to read, write, and speak English at professional proficiency required; any other Asia-Pacific language is preferred.
- Degree in Banking / Finance / Business with a minimum of 3 years financial services experience in one or a combination of the following: fraud, Bank Secrecy Act, anti money laundering, investigations of financial crimes transactions or compliance.
- Taking what is recommended from the alert adjudicators and analysts; the investigator would research and determine if something is potentially suspicious.
- CAMS certification preferred but not required.
- Experience in analyzing or managing financial crime investigative processes.
- Prior experience with tuning and scenario optimization a plus.
- Experience interacting with senior managers and compliance subject matter experts.
- Collaborative with strong interpersonal communication skills.
- Process oriented coupled with a strong ability to develop appropriate program enhancing strategies.
- Detail orientated and well organized and proficient in Microsoft office: Word, Excel, PowerPoint preferred.
- Ability to work in shifts during US business hours
Regards,
Himanshu Kashyap
-----------------------------------------------
Next Level Business Services, Inc.
Talent Solutions | Digital Transformation | Data Analytics
US: +1 (904) 240-4874 |Fax: +1 (608) 646-8326
E-mail: himanshu.kashyap@nlbservices.com | Web: www.nlbservices.com
Hangout : himanshu.kashyap@nlbservices.com
An ISO 27001 and 20000-1 Certified & Minority Business Enterprise (CMBE)