AML Analyst

Tata Consultancy Services; Napoleon (OH); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Discretionary Incentive

Medical Coverage

Parental Leaves

Identity Protection

Certification & Training

Job summary

Tata Consultancy Services is seeking an AML Analyst to review alerts, analyze activity, and research customer profiles. The candidate will determine alert outcomes, document findings, and ensure compliance with BSA, OFAC, and internal AML policies.

The role emphasizes thorough analysis, accurate documentation, and adherence to regulatory guidelines while supporting ongoing AML process improvements.

Qualifications

• Bachelor’s degree in Finance, Business, Economics, Criminal Justice, Accounting, or related field.
• 2–4+ years of experience in AML, fraud, compliance, banking operations, or financial services.
• Experience with case management or transaction monitoring systems (e.g., FCRM) is preferred but not required.

Responsibilities

• Review AML alerts generated in FCRM, identifying potential red flags.
• Analyze the alerted activity with 30 days of recent account activity to assess legitimacy.
• Conduct detailed customer profile checks against internal records.
• Determine outcomes for each alert and document justification.

Skills

AML knowledge

Regulatory compliance

Data analysis

Education

Bachelor's degree in Finance or related field

Tools

FCRM

Job description

Job Description

• Review AML alerts generated in FCRM, identifying potential red flags such as structuring, high-risk/high-volume transactions, unusual patterns, or significant changes in customer behavior.
• Analyze the alerted activity along with 30 days of recent account activity to determine context, identify patterns, and assess legitimacy.
• Customer & Transaction Research
• Conduct detailed customer profile checks by validating information against internal records to understand expected account behavior.
• Determine the appropriate outcome for each alert:
  • Close alerts deemed non-suspicious with thorough justification, or
  • Documentation & Reporting
• Document findings, analysis, and decision rationale in the required FCRM format, ensuring accuracy, completeness, and adherence to regulatory expectations.
• Maintain audit-ready records that support the investigative process and decision outcomes.
• Compliance & Risk Management
• Ensure all reviews and decisions comply with the Bank Secrecy Act (BSA), OFAC requirements, internal AML policies, and relevant regulatory guidelines.
• Support continuous enhancement of AML processes by identifying gaps or patterns in suspicious activity.

Key Responsibilities

• Alert Review & Analysis
• Review AML alerts generated in FCRM, identifying potential red flags such as structuring, high-risk/high-volume transactions, unusual patterns, or significant changes in customer behavior.
• Analyze the alerted activity along with 30 days of recent account activity to determine context, identify patterns, and assess legitimacy.
• Customer & Transaction Research
• Conduct detailed customer profile checks by validating information against internal records to understand expected account behavior.
• Alert Disposition & Escalation
• Determine the appropriate outcome for each alert:
  • Close alerts deemed non-suspicious with thorough justification, or
  • Documentation & Reporting
• Document findings, analysis, and decision rationale in the required FCRM format, ensuring accuracy, completeness, and adherence to regulatory expectations.
• Maintain audit-ready records that support the investigative process and decision outcomes.
• Compliance & Risk Management
• Ensure all reviews and decisions comply with the Bank Secrecy Act (BSA), OFAC requirements, internal AML policies, and relevant regulatory guidelines.
• Support continuous enhancement of AML processes by identifying gaps or patterns in suspicious activity.

Required Qualifications & Experience

• Bachelor’s degree in Finance, Business, Economics, Criminal Justice, Accounting, or related field (or equivalent experience).
• 2–4+ years of experience in AML, fraud, compliance, banking operations, or financial services.
• Experience with case management or transaction monitoring systems (e.g., FCRM) is preferred but not required.

________________________________________

Preferred Qualifications

• CAMS, CFE, or other compliance-related certification (in progress or completed).
• Prior experience in AML alert review, KYC, fraud investigation, or risk management.

TCS Employee Benefits Summary

• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insurance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Salary Range: $60,000 - $75,000 per year

Qualifications

Diploma