Anti-Money Laundering Analyst

AML AnalystHybrid-Chicago, IL 3x/weekContract: 4 months+ chance of extension or conversionPay Rate: $27-$30/hr W2Job Description: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. Youll work closely with the AML team to maintain the integrity of our financial systems and protect against money laundering and terrorist financing.How you will succeedTransaction 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.Must haves:Minimum 2+ years of investigative experience with an emphasis on AML/ATFBasic 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.).Nice to have:**Very nice to have -previous banking experience (retail)**Relevant certifications (e.g., CAMS, CFCS, CAFP)Soft SkillsAttention to Detail: Analyzing financial data requires precision and thoroughness.Analytical Skills: Ability to identify patterns and anomalies.Critical Thinking: Evaluate complex situations and make informed decisions.Organizational Skills: Manage multiple tasks efficiently while adhering to deadlines.Adaptability: Stay updated with changing AML trends and regulations.Time Management: Prioritize tasks effectively.Communication Skills: Collaborate with colleagues and report findings clearly both written and verbal.EEO EmployerApex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at employeeservices@apexsystems.com or 844-463-6178.