AML Sanctions L1 Analyst

Job Description

As an Analyst / Reviewer you will be responsible for reviewing the alerts triggered related to sanctions. You will work closely with a team of experienced professionals to leads / delivery managers.

• Basic understanding of AML regulations: familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.
• Analytical skills: ability to identify patterns, analyze complex data, and draw logical conclusions from available information.
• Attention to detail: high level of accuracy when reviewing transactions and documenting findings and recommending action with detailed rationale.
• Investigative skills: capability to gather and assess information from various sources to support decision‑making.
• Basic knowledge of financial products and services: understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities.
• Basic investigation: conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
• Review the alerted activity and the 30 days of recent activity on the account including appropriate research to explain why the activity is performed.
• Alert disposition: deciding whether to – close an alert as non‑suspicious with no further action recommended or elevate it to a higher level for more robust and thorough investigations.
• Compliance adherence: ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures.

• 1–5 years of experience in sanctions screening, transaction monitoring, or fraud investigation.
• Knowledge of MS Office, especially Excel and Word.
• Experience in performing external research.
• Excellent communication skills and ability to work in a team environment.

• Discretionary annual incentive.
• Comprehensive medical coverage: medical & health, dental & vision, disability planning & insurance, pet insurance plans.
• Family support: maternal & parental leaves.
• Insurance options: auto & home insurance, identity theft protection.
• Convenience & professional growth: commuter benefits & certification & training reimbursement.
• Time off: vacation, time off, sick leave & holidays.
• Legal & financial assistance: legal assistance, 401(k) plan, performance bonus, college fund, student loan refinancing.

Salary range: $50,000 – $65,000 per year.

Qualifications:

Diploma.