AML Investigation Analyst / SAR Writer

Motion Recruitment; New Castle, Northern (DE, KY); Hybrid; USD 60,000 - 110,000; Full time

Job summary

Motion Recruitment is partnering with a leading global bank in New Castle, DE to hire an AML Investigation Analyst on a contract basis with a hybrid schedule (3 days onsite per week). You will manage end-to-end investigations and SAR writing, documenting findings and preparing case files for review.

The role requires 1–5 years of AML experience, knowledge of BSA/Patriot Act, and strong MS Office skills; CAMS certification is a plus.

Qualifications

• Bachelor's degree or equivalent experience.
• 1–5 years’ experience in reviewing customer transactions for potentially suspicious activity and AML investigations.
• Experience writing SARs per regulatory requirements preferred.
• CAMS certification is a plus.
• Knowledge of BSA, Patriot Act, FinCEN and related requirements.
• Understanding of money services businesses, wealth management, and retail banking compliance.
• Advanced MS Office skills.
• SAR writing experience is required.
• Strong research, writing, and analytical skills.

Responsibilities

• Manage a caseload of investigations from start to finish per AML procedures.
• Document and report case findings and prepare case files for review.
• Research using Bank systems, Internet, and databases.
• Collect and examine financial statements and transaction data to identify unusual patterns.
• Coordinate with POCs to obtain additional information.
• Document all research in the Case Management System.
• Create SARs and track account closures as required.
• Liaise with CRIU units and law enforcement where applicable.

Skills

AML investigations

SAR writing

Regulatory knowledge

Microsoft Office

Analytical skills

Time management

Multi-tasking

Education

Bachelor's Degree

Tools

EAP

Mantas

Case Management System

Job description

Grow your career with an innovative global bank in New Castle, DE as an AML Investigation Analyst with strong end-to-end investigation and SAR writing experience. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 2+Months

Required Skills & Experience

• Bachelor's Degree Required or equivalent experience.


• 1-5 years’ experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations


• Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements preferred.


• CAMS Certification is a plus


• Treasury AML guidelines, OFAC, SEC, FINRA, FRB, FinCEN requirements, and SAR requirements


• Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US


• General understanding of Senior Public Figures, Money Service Businesses, Wealth Management and Retail Banking preferred as well as compliance with those business segments.


• Advanced proficiency in Microsoft Office (i.e., MS-Word, MS-Excel, MS-Access, MS-PowerPoint and MS-Outlook)


• Must have SAR WRITING (Investigations experience)


• Excellent organizational, time management, and project management skills.


• Excellent research skills including experience with online search tools.


• Strong writing, analytical and communications skills.


• Must be able to multitask and complete projects on time.


• Strong Attention to detail and follow-up skills


• Should be a self-starter, and organized, and must have the ability to work independently, without supervision.

What You Will Be Doing

• Responsible for managing a caseload of investigations, perform analysis and follow-up and work cases from beginning to completion according to company's AML procedures and policies. Cases are generated from sources which include Automated Alerts (EAP, Mantas), and Manual referrals.


• Document and report case review/investigation findings and prepare case files for review (e.g. media search results, copies of statements/checks, results from internal system searches etc.)


• Conduct research over available Bank systems, the Internet and Databases consistent with the resolution of investigations.


• Collect and examine financial statements/transaction data and other documents to assist in identifying unusual transaction patterns


• Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.


• Document all research and analysis conducted in the Case Management System


• Create Suspicious Activity Reports (SARs); and recommend relationship retention or termination; and track account closures as required.


• Liaise with other CRIU units, ACRM, the Business, CSIS, FIU Legal, Trade Surveillance, and Law Enforcement, where applicable.