AML Associate

Social Capital Resources; New York (NY); On-site; USD 80,000 - 130,000; Full time

Job summary

Social Capital Resources seeks an AML Associate for a full-time role in our Midtown Manhattan office. You will investigate transaction monitoring alerts, review profiles and histories, and prepare reports documenting findings and risk assessments.

The ideal candidate has at least 3 years in BSA/AML within banking or a regulatory setting, experience with correspondent banking, and familiarity with transaction monitoring platforms (NICE Actimize a plus). CAMS is preferred.

Qualifications

• Bachelor's degree required.
• Minimum of 3 years of BSA/AML experience within banking, financial services, or regulatory environment.
• Prior experience investigating correspondent banking transactions and relationships is required.
• Familiarity with transaction monitoring platforms; NICE Actimize experience is a plus.
• CAMS certification preferred.

Responsibilities

• Investigate transaction monitoring alerts to identify unusual activity, potential financial crime risks, and possible regulatory concerns.
• Review customer profiles, transaction histories, and related financial information to assess activity against expected account behavior.
• Conduct detailed research using internal banking systems, public records, and external information sources.
• Evaluate complex domestic and international payment activity, including transactions involving correspondent banking relationships.
• Prepare comprehensive investigative reports documenting findings, risk assessments, and recommended dispositions.
• Identify potentially suspicious activity and assist with Suspicious Activity Report (SAR) preparation and supporting documentation.
• Coordinate information requests with internal business units and track outstanding investigative items.
• Review trade finance activity for potential AML risks and unusual transaction patterns.
• Support enhancements to transaction monitoring processes, including system testing, alert optimization, and workflow improvements.
• Assist with compliance reporting, investigative metrics, and other financial crime prevention initiatives.
• Maintain accurate case records and ensure investigations are completed in accordance with regulatory expectations and internal standards.

Skills

Investigative skills

Analytical skills

Written communication

Education

Bachelor's degree

Tools

NICE Actimize

Job description

Top-Tier Bank in Midtown, Manhattan is seeking an AML Associate for a full-time position!

Responsibilities:

• Investigate transaction monitoring alerts to identify unusual activity, potential financial crime risks, and possible regulatory concerns.
• Review customer profiles, transaction histories, and related financial information to assess activity against expected account behavior.
• Conduct detailed research using internal banking systems, public records, and external information sources.
• Evaluate complex domestic and international payment activity, including transactions involving correspondent banking relationships.
• Prepare comprehensive investigative reports documenting findings, risk assessments, and recommended dispositions.
• Identify potentially suspicious activity and assist with Suspicious Activity Report (SAR) preparation and supporting documentation.
• Coordinate information requests with internal business units and track outstanding investigative items.
• Review trade finance activity for potential AML risks and unusual transaction patterns.
• Support enhancements to transaction monitoring processes, including system testing, alert optimization, and workflow improvements.
• Assist with compliance reporting, investigative metrics, and other financial crime prevention initiatives.
• Maintain accurate case records and ensure investigations are completed in accordance with regulatory expectations and internal standards.

Qualifications:

• Bachelor's degree required.
• Minimum of 3 years of BSA/AML experience within banking, financial services, or a regulatory environment.
• Prior experience investigating correspondent banking transactions and relationships is required.
• Strong understanding of AML regulations, transaction monitoring, suspicious activity identification, and SAR reporting.
• Experience reviewing international payments, cross-border transactions, or trade finance activity preferred.
• Familiarity with transaction monitoring platforms; NICE Actimize experience is a plus.
• CAMS certification preferred.
• Strong investigative, analytical, and written communication skills.
• Ability to independently manage multiple investigations and competing priorities.
• Proficiency in Microsoft Excel, Word, and other business applications.