Procom
AML Analyst
Procom, Chicago, Illinois, United States, 60290
AML Analyst Intro
As a Junior Anti-Money Laundering (AML) Investigator, you will play a critical role in detecting and preventing financial crimes within our organization. Your responsibilities will include analyzing financial transactions, identifying suspicious activities, and ensuring compliance with AML regulations. You'll work closely with the AML team to maintain the integrity of our financial systems and protect against money laundering and terrorist financing.
AML Analyst Job Details
Transaction Monitoring: Review and analyze financial transactions. Identify patterns of suspicious activity that may indicate money laundering or other financial crimes. Report any illicit activities promptly.
Risk Assessment: Evaluate the risk associated with specific transactions or clients. Determine the likelihood of money laundering or other illicit activities.
Suspicious Activity Reporting (SAR): Maintain confidentiality of reports and documentation as required by law.
Data Analysis: Utilize Excel and other tools to analyze transaction data. Identify anomalies and patterns indicative of money laundering.
Regulatory Knowledge: Stay informed about evolving AML regulations and industry best practices.
Collaboration: Communicate effectively with lines of business to obtain information or documentation necessary to analyze transactions.
AML Analyst Mandatory Skills
- Minimum 2+ years of investigative experience with an emphasis on AML/ATF- Basic Knowledge of banking products and service offerings (ACH/different account setups etc)- Intermediate Excel skills (use and creation of pivot tables/charts, using lookup functions, data validations, etc.).
AML Analyst Desired Skills
- Very nice to have - previous banking experience (retail)- Relevant certifications (e.g., CAMS, CFCS, CAFP)
AML Analyst Start Date
Target Start Date: Nov 11, 2024
AML Analyst Location
This position is Hybrid. The position is located in Chicago, IL.
As a Junior Anti-Money Laundering (AML) Investigator, you will play a critical role in detecting and preventing financial crimes within our organization. Your responsibilities will include analyzing financial transactions, identifying suspicious activities, and ensuring compliance with AML regulations. You'll work closely with the AML team to maintain the integrity of our financial systems and protect against money laundering and terrorist financing.
AML Analyst Job Details
Transaction Monitoring: Review and analyze financial transactions. Identify patterns of suspicious activity that may indicate money laundering or other financial crimes. Report any illicit activities promptly.
Risk Assessment: Evaluate the risk associated with specific transactions or clients. Determine the likelihood of money laundering or other illicit activities.
Suspicious Activity Reporting (SAR): Maintain confidentiality of reports and documentation as required by law.
Data Analysis: Utilize Excel and other tools to analyze transaction data. Identify anomalies and patterns indicative of money laundering.
Regulatory Knowledge: Stay informed about evolving AML regulations and industry best practices.
Collaboration: Communicate effectively with lines of business to obtain information or documentation necessary to analyze transactions.
AML Analyst Mandatory Skills
- Minimum 2+ years of investigative experience with an emphasis on AML/ATF- Basic Knowledge of banking products and service offerings (ACH/different account setups etc)- Intermediate Excel skills (use and creation of pivot tables/charts, using lookup functions, data validations, etc.).
AML Analyst Desired Skills
- Very nice to have - previous banking experience (retail)- Relevant certifications (e.g., CAMS, CFCS, CAFP)
AML Analyst Start Date
Target Start Date: Nov 11, 2024
AML Analyst Location
This position is Hybrid. The position is located in Chicago, IL.