AML Analyst/ SR AML Analyst

Madison-Davis, LLC; Houston (TX); Hybrid; USD 74,100 - 147,800; Full time

Job summary

An established industry player in financial services is seeking a VP-Head of Legal & Compliance Research to lead a team focused on Anti-Money Laundering (AML) efforts. This full-time role offers a hybrid work schedule, allowing for flexibility while ensuring compliance with critical regulatory requirements. Ideal candidates will have substantial experience in due diligence and analytical skills to assess risks effectively. Join a dynamic environment where your expertise will contribute to safeguarding the financial system against illicit activities and enhance the organization's compliance posture.

Qualifications

• Experience in AML analysis with strong analytical skills.
• Knowledge of regulatory requirements and due diligence processes.

Responsibilities

• Conduct Enhanced Due Diligence reviews on high-risk individuals.
• Analyze transaction monitoring reports and take appropriate actions.
• Stay updated on BSA/AML/OFAC regulations and guidelines.

Skills

Analytical Skills

Due Diligence

Regulatory Knowledge (BSA/AML/OFAC)

Research Skills

Education

Bachelor's Degree in Finance or related field

Tools

EWB Financial Platform

Job description

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VP-Head of Legal & Compliance Research @ Madison-Davis, LLC | AML, KYC, BSA

Commercial bank located in Houston, TX looking to bring on board four "AML Analyst or SR AML Analysts" to join their team. The role is a full-time opportunity, currently on a hybrid schedule (3 days in office / week).

Responsibilities:

1. Complete Enhanced Due Diligence (EDD) reviews on high risk individuals and entities to determine risk rating profile.
2. Analyze data and results of existing transaction monitoring reports to determine if further investigation is warranted, if so take appropriate action using EWB financial platform.
3. Gather information from outside resources such as Internet searches, third-party vendors, public records, newspaper articles, etc.
4. Conduct follow-up with account officer for any missing or necessary documentation.
5. Review results from third-party vendors regarding authentication of identification on individuals and businesses, OFAC and government list, closed for cause, etc.
6. Stay up to date and knowledgeable on BSA/AML/OFAC regulatory requirements and FinCEN guidelines.
7. Use analytical skills to produce and follow leads, as well as link common or related activities to develop complete picture of suspicious activity and uncover new trends in fraudulent behavior.
8. Assist BSA Officer/Managers and internal partners on preparing, logging and providing documents/materials per request from law enforcement officials.

Seniority level

Associate

Employment type

Full-time

Job function

Finance, Analyst, and Other

Industries

Financial Services, Banking, and Investment Banking

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Houston, TX $74,100.00-$147,800.00 1 week ago