Bank AML Group Analyst
Position Description
Daily review and analysis of surveillance items flagged as potentially suspicious transactions or exceptions. Assisting in the investigation, drafting and filing of Suspicious Activity Reports. Daily review of outgoing wire payment exceptions generated from the Expert Payment System. Wires will flag for possible matches on sanctions and prohibited persons lists, as well as other governmental, law enforcement or internal watch lists. Analyst will need to demonstrate ability to evaluate and analyze payments and determine whether to approve, investigate or reject the flagged items. Conducting due diligence searches in various third-party and internal databases. Ongoing reviews and monitoring of client accounts for potential matches to adverse media alerts, designated sanctions targets and prohibited persons lists. Assisting with compliance of USA PATRIOT Act requirements (e.g., CIP, Foreign Bank Certification, Section 312) relating to certain of the Bank's business sectors.
Skills Required
Previous experience with reviewing AML transaction monitoring work items, reviewing adverse media alerts from vendors such as RDC or CDC, and conducting enhanced due diligence on clients deemed to be high risk
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