Compliance Analyst

Dexian; San Antonio (TX); On-site; USD 45,000 - 52,000; Full time

Job summary

Join a forward-thinking company as an AML Compliance Analyst, where you'll play a crucial role in ensuring compliance with AML regulations. This entry-level position offers an exciting opportunity to interpret AML risk standards, analyze data, and contribute to investigations of suspicious activities. You'll collaborate with a dynamic team, utilizing your analytical skills to make informed decisions and communicate findings to stakeholders. With training provided, this role is perfect for individuals looking to grow their careers in the financial services industry. Embrace the chance to make a difference in a supportive environment focused on teamwork and professional development.

Qualifications

• 1-3 years of experience in Fraud or AML, with strong analytical and communication skills.
• Proficient in Microsoft Office and knowledge of Banking products.

Responsibilities

• Collect and analyze data to identify potential suspicious activity.
• Document investigations and communicate findings effectively.

Skills

Analytical Skills

Research Skills

Communication Skills

Attention to Detail

Decision Making

Education

College degree in Business or Criminal Justice

Relevant work experience

Tools

Microsoft Office

LexisNexis

Job description

Get AI-powered advice on this job and more exclusive features.

Dexian provided pay range

This range is provided by Dexian. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$45,000.00/yr - $52,000.00/yr

Position: AML Compliance Analyst

Hours: Mon-Fri 8am-5pm

JOB DESCRIPTION

Interpretation of AML Risk standards, guidelines, policies and procedures. Make risk-based determination through Quality Analysis whether alerts were properly cleared by Compliance Alerts Analysts. Ensure Alert data has been accurately collected and documented, including but not limited to: Investigations data, Suspicious Activity Reports (SARS) & Currency Transaction Reports (CTR), Know Your Customer (KYC) information, any relevant account and transaction data and all required information which would assist in an investigation. Strong research, analytical and comprehension skills, with ability to analyze large amounts of data.

NOTE: Training will be provided.

RESPONSIBILITIES

1. Collect and analyze data, including alert, transactions, customer demographics and relevant account information to identify potential suspicious activity.
2. Disposition and fully document the investigation, including supporting data, analysis, and rationale for disposition within the case management system.
3. Complete the Suspicious Activity Report (SAR) form, if applicable, in accordance with Financial Crimes Enforcement Network (FinCEN) requirements.
4. Effectively communicate with associates, management and various stakeholders on risks identified, possible typologies and recommend next steps.
5. Balance inventory queues, deadlines, and priorities to achieve departmental standards and production goals.
6. Demonstrate teamwork by accepting ad-hoc requests to assist other associates on inventory.

QUALIFICATIONS

1. 1-3 years of experience in Fraud or AML (Law Enforcement, Legal or Investigative backgrounds may be considered).
2. Knowledge of Banking products and services.
3. Understanding of regulatory concepts including, but not limited to the Bank Secrecy Act, Office of Foreign Assets Control sanctions, and the USA PATRIOT Act.
4. Proficient in Microsoft Office (Excel, Access, PowerPoint, Word).
5. Exceptional written and verbal communication skills.
6. Strong analytical, interpretive, organizational skills.
7. Strong attention to detail, ability to prioritize and manage tasks.
8. Independent decision maker, able to make time-sensitive assessments and articulate findings to senior investigators or managers.
9. College degree (Business or Criminal Justice) or relevant work experience.

Nice-to-Have

Experience using LexisNexis (legal research software).

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.

Seniority level

Entry level

Employment type

Full-time

Job function

Analyst, Finance, and General Business

Industries

Financial Services, Investment Banking, and Banking