AML Analyst – Intermediate

ICONMA; Chicago (IL); Hybrid; USD 70,000 - 90,000; Full time

Job summary

A leading commercial banking company seeks an AML Analyst – Intermediate for their Chicago, IL/Remote location. The role involves reviewing and analyzing financial transactions to identify suspicious activities, while requiring 2+ years of experience in AML/ATF and relevant certifications. This position offers excellent growth opportunities within a supportive workplace environment.

Benefits

Health Benefits

Referral Program

Excellent growth and advancement opportunities

Qualifications

• Minimum 2+ years of investigative experience with emphasis on AML/ATF.
• Relevant certifications (e.g., CAMS, CFCS, CAFP) are a plus.
• Basic knowledge of banking products and services.

Responsibilities

• Review and analyze financial transactions for suspicious activities.
• Maintain confidentiality of reports and documentation.
• Communicate effectively with lines of business.

Skills

Attention to Detail

Analytical Skills

Critical Thinking

Organizational Skills

Communication Skills

Education

Bachelor’s degree in Finance, Accounting, Business, or related field

Tools

Excel

Job description

Our Client, a Commercial Banking company, is looking for an AML Analyst – Intermediate for their Chicago, IL/Remote location.

Responsibilities:

• Review and analyze financial transactions.
• Identify patterns of suspicious activity that may indicate money laundering or other financial crimes.
• Report any illicit activities promptly.
• Evaluate the risk associated with specific transactions or clients.
• Determine the likelihood of money laundering or other illicit activities.
• Suspicious Activity Reporting (SAR):
• Maintain confidentiality of reports and documentation as required by law.
• Utilize Excel and other tools to analyze transaction data.
• Identify anomalies and patterns indicative of money laundering.
• Regulatory Knowledge: Stay informed about evolving AML regulations and industry best practices.
• Collaboration: Communicate effectively with lines of business to obtain information or documentation necessary to analyze transactions.

Requirements:

• Minimum 2+ years of investigative experience with an emphasis on AML/ATF
• Basic Knowledge of banking products and service offerings (ACH/different account setups etc)
• Intermediate Excel skills (use and creation of pivot tables/charts, using lookup functions, data validations, etc.).
• Very nice to have -previous banking experience (retail)
• Relevant certifications (e.g., CAMS, CFCS, CAFP)
• Attention to Detail: Analyzing financial data requires precision and thoroughness.
• Analytical Skills: Ability to identify patterns and anomalies.
• Critical Thinking: Evaluate complex situations and make informed decisions.
• Organizational Skills: Manage multiple tasks efficiently while adhering to deadlines.
• Adaptability: Stay updated with changing AML trends and regulations.
• Time Management: Prioritize tasks effectively.
• Communication Skills: Collaborate with colleagues and report findings clearly both written and verbal.
• Education and Certifications: Bachelor’s degree in Finance, Accounting, Business, or a related field, or equivalent job experience

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities

As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.