Analysis Skills, Customer Relations, Customer Support/Service, Documentation, Due Diligence, Know Your Customer (KYC), Money Laundering, Police Records, Risk, Risk Analysis
Responsibilities include but are not limited to:
- Review and analyze alerts generated by the Bank''s electronic monitoring software to make a determination as to whether activity warrants further review. Review and analyze internal AML reports, draw conclusions and make recommendations regarding the need for further investigation.
- Conduct suspicious activity investigations and determine whether a Suspicious Activity Report is needed. Draft narrative for each case substantiating the decision/recommendation.
- Conduct due diligence reviews on high risk customers through analysis of customer activity compared to KYC documentation and internal/external information sources to determine if further due diligence is needed and/or change in risk disposition is warranted.
- Manage complex cases, reviews involving matters such as multiple relationship accounts and complex ownership structures.
- Draft and file Suspicious Activity Reports with FinCEN.
- Identify and analyze records of outside agencies to facilitate investigations including credit bureau records, police and court records.
- Make recommendations for exiting customer accounts/relationships based on investigation or CDD/EDD.
- Work with the AML management team to ensure the monitoring platform consistently addresses prevailing risk.
- Support management in the day-to-day compliance efforts with AML/KYC requirements.
- Analyze, plan and complete special projects assigned by the AML management.