Title: Business Accountability Associate - Financial Crimes
Location:
El Paso, TX
Duration: 6 months (Looking to convert to a full-time employee)
Work Engagement: W2
Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits
Summary:
In this contingent resource assignment, you may: Participate in or provide support for low complexity initiatives within Business Execution. Review basic or tactical issues, policies, or procedures for which answers can be quickly obtained related to low-risk tasks and deliverables with narrower impact in Business Execution. Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements. Provide information to client personnel in Business Execution.
Responsibilities:
This role is within the Transactional Risk & Intelligence Group supporting Financial Crimes Operations.
Conduct due diligence research on parties to letters of credit to determine if the activity is commercially reasonable.
Evaluate letters of credit exhibiting red flags for trade-based money laundering to see if the risks can be mitigated.
Work with 1,000s of rows and cells of data in Microsoft Excel to perform the analysis on datapoints ranging from geography to transactional values and volumes to relational data.
Write observations and risk dispositions that help business partners better understand customer’s behavior and manage the risk. Communicate findings and provide appropriate direction to manager/reviewer and business partners.
These resources will be given a list of transactions; they will be tasked to do research into parties and products which are imported and exported. They will be determining if they are commercially reasonable transactions.
Reviewing what a customer does, what trade transactions look like and be looking for red flags.
Qualifications:
Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.
Bachelor’s degree in Business, Finance, Accounting, Economics, National Security & Intelligence Studies or other relevant field. (preferred)
Knowledge of financial crimes analysis or accounting/business from school.
BSA/AML compliance experience and/or experience and understanding of risk management principles; financial crimes risk management experience.
Ability to evaluate risks and to communicate relevant risk in a simple, decisive, timely and market-appropriate manner.
Strong computer skills utilizing Microsoft Office Suite with in-depth Excel experience (including Pivot Tables and performing analysis of large data sets).
Strong verbal, written, and interpersonal communication skills.
Ability to build strong partnerships and to work across multiple cultures. Proven interpersonal, organization, and presentation skills.