AML Compliance Analyst

Job Description

Position Title: AML Compliance Analyst (1-3)

Location: Newark, DE

Expected Duration: 3+ months

Job Type: Contract

Pay: $30.34 /hr on W2

• Collect and analyze data, including alert, transactions, customer demographics and relevant account information to identify potential suspicious activity
• Disposition and fully document the investigation, including supporting data, analysis, and rationale for disposition within the case management system
• Complete the Suspicious Activity Report (SAR) form, if applicable, in accordance with Financial Crimes Enforcement Network (FinCEN) requirements
• Effectively communicate with associates, management and various stakeholders on risks identified, possible typologies and recommend next steps
• Balance inventory queues, deadlines, and priorities to achieve departmental standards and production goals
• Demonstrate teamwork by accepting ad-hoc requests to assist other associates on inventory
• Interpretation of AML Risk standards, guidelines, policies and procedures
• Make risk based determination through Quality Analysis whether alerts were properly cleared by Compliance Alerts Analysts. Ensure Alert data has been accurately collected and documented, including but not limited to: investigations data, suspicious activity reports (SARS) & currency transaction reports (CTR), know your customer (KYC) information, any relevant account and transaction data and all required information which would assist in an investigation
• Strong research, analytical and comprehension skills, with ability to analyze large amounts of data

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to, major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.