AML Ops Analyst Job at Purple Drive, Raleigh, NC

dnZ3Z2treG1wZExIWHZtQXhVcXVXOFZZZGc9PQ==
  • Purple Drive
  • Raleigh, NC

Job Description

AML Ops Analyst

• Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.

• Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.

• Attention 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.

• 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 internal procedures.

Job Tags

Similar Jobs

BNY Mellon

Associate, Anti Money Laundering/Prevention/KYC Representative II Job at BNY Mellon

 ...Associate, Anti Money Laundering/Prevention/KYC Representative II At BNY, our culture allows us to run our company better and enables...  ...of client profiles for renewal Individual lead role for AML/KYC/Prevention support staff Populates risk profiles for clients... 

NavitsPartners

Registered dietitian Job at NavitsPartners

 ...Position Title: Registered Dietitian Location: New York, NY 10016 Job Type: Contract | 13-Week Assignment Schedule: Monday Friday | 9:00 AM 5:00 PM Compensation: $52 $54 per hour Job Summary: "Navitas Healthcare, LLC" is seeking... 

PwC

Specialized Tax Services - Research & Development Tax - Senior Associate Job at PwC

 ...purpose-led and values-driven leader at every level. To help us achieve this we have the PwC...  ...as, Business Administration/Management, Economics, Finance, International Business,...  ...PwC does not intend to hire experienced or entry level job seekers who will need, now or in... 

Power Of Fitness

Virtual Assistant (Work From Home) Job at Power Of Fitness

 ...Power of Fitness Location: Remote Employment Type: Full-Time About Us Power of Fitness is a community-driven...  ...management and organizational abilities Ability to multitask and work independently with minimal supervision Comfortable using... 

Aflac

Platform Business Analyst: SQL/Snowflake/AWS - Remote Job at Aflac

 ...ideal candidate will have a bachelor's degree in a relevant field, proficiency in SQL and AWS, and experience in release practices. This position offers a salary up to $115,000 and a comprehensive benefits package, including flexible work arrangements.#J-18808-Ljbffr Aflac