Entry Level Financial Analyst

MERCY COLLEGE; Village of Dobbs Ferry (NY); On-site; USD 50,000 - 70,000; Full time

Job summary

An established industry player is seeking an Entry Level Financial Analyst to join their dynamic team. In this role, you will conduct thorough investigations on alerts generated from transaction monitoring systems, analyzing client behavior against expected norms. You'll work closely with various departments to ensure compliance with AML regulations and participate in ongoing training to stay updated with best practices. This position offers a fantastic opportunity to kickstart your career in finance while making a significant impact on the organization's compliance efforts.

Qualifications

• Strong analytical skills to investigate financial transactions.
• Understanding of AML regulations and compliance requirements.

Responsibilities

• Conduct investigations on flagged transactions to identify suspicious activity.
• Document findings clearly for compliance reviews and regulatory bodies.

Skills

Analytical Skills

Attention to Detail

Knowledge of AML Regulations

Communication Skills

Education

Bachelor's Degree in Finance or Related Field

Job description

Entry Level Financial Analyst

Conduct thorough investigations on alerts generated from transaction monitoring systems to identify unusual patterns or suspicious activity.

Analyze client transactional behavior against expected norms and investigate inconsistencies.

Follow up on flagged transactions and conduct due diligence to ascertain their legitimacy.

Document findings in a clear and concise manner for review by senior compliance staff or regulatory bodies as needed.

Coordinate with other departments to collect necessary information pertaining to customer due diligence (CDD) and enhanced due diligence (EDD).

Maintain a current understanding of AML regulations and be able to apply them effectively in day-to-day operations.

Participate in regular training sessions to stay updated with new regulatory requirements and best practices in AML compliance.

Work closely with the technology team to fine-tune transaction monitoring systems for optimal performance.