Anti-Money Laundering Analyst

Open Systems Technologies; New Castle (DE); On-site; USD 50,000 - 70,000; Full time

Job summary

A financial services company located in Delaware is seeking a Compliance Analyst to review Anti-Money Laundering (AML) referrals and conduct thorough investigations. The ideal candidate will have a Bachelor’s degree, 0-2 years of relevant experience, and strong analytical skills. This role involves managing individual caseloads, performing KYC research, and ensuring adherence to regulatory guidelines. The company offers a supportive environment to develop your skills in compliance and risk assessment.

Qualifications

• 0-2 years’ relevant experience.
• Comprehensive knowledge of AML regulations preferred.
• Strong organizational skills with the ability to manage multiple priorities and deadlines effectively.

Responsibilities

• Review and assess Anti-Money Laundering (AML) referrals.
• Initiate and create manual cases for investigations.
• Conduct in-depth Know Your Customer (KYC) and account research.

Skills

Effective verbal and written communication skills

Analytical skills

Problem-solving skills

Organizational skills

Education

Bachelor’s degree or equivalent experience

Job description

Responsibilities

• Review and assess Anti-Money Laundering (AML) referrals originating from various business units, ICRM, and other internal teams across Client.
• Analyze referral activity to identify potential risks and determine the necessity for further investigation.
• Initiate and create manual cases, ensuring all relevant information is captured for subsequent action by execution analysts.
• Conduct in-depth Know Your Customer (KYC) and account research utilizing a variety of internal systems and platforms.
• Identify and document client relationships within the firm’s banking infrastructure to support holistic risk assessment.
• Manage and prioritize individual caseloads effectively, ensuring timely completion and adherence to established Service Level Agreements (SLAs).
• Contribute to control-related tasks, initiatives, and special projects as required, supporting the overall compliance framework.
• Adhere to all established departmental procedures, policies, and regulatory guidelines to ensure consistent and compliant work performance.
• Document and report review findings accurately, preparing clear and concise summaries for case files.
• Collaborate with internal stakeholders to gather additional information pertinent to active cases, ensuring comprehensive investigation.

Qualifications

• 0-2 years’ relevant experience
• Comprehensive knowledge of AML regulations preferred
• Effective verbal and written communication skills
• Excellent analytical and problem solving skills
• Strong organizational skills with the ability to manage multiple priorities and deadlines effectively.

Education

• Bachelor’s/University degree or equivalent experience