AML Analyst

About the role

The AML Analyst is accountable for following approved, documented processes and protocols to analyze information and adjudicate system or manually generated alerts. This involves identifying names, entities, or transactions that appear to relate to money laundering or terrorist financing and escalating these items for further investigation or reporting to the appropriate government agency as required by anti-money laundering regulations within various global jurisdictions.

Responsibilities

• Collect and analyze a wide variety of information related to system or manually generated alerts to identify persons and entities that may be laundering money or funding terrorism, escalating as appropriate for further investigation or reporting in accordance with defined processes and legislation.
• Conduct a comprehensive review of high-risk clients and assess risks posed to the organization, providing a final recommendation to maintain or de-market the client based on assessment and risk.
• Identify unusual activities and behaviors across multiple products, analyzing and assessing information, and referring all transactions that may relate to money laundering or terrorist financing for further investigation or reporting.
• Support the fulfillment of necessary reporting requirements by ensuring accurate documentation, timely disposition, and provision of critical information assessment as required.
• Provide detailed input to MIS for analysis and reporting on information from assigned systems for the purpose of analyzing and detecting name matches or unusual activity.
• Support effective utilization of AML systems, tools, and reports by participating in ongoing training to develop and maintain knowledge, skills, and capability.
• Document all information found throughout the investigation, developing and maintaining account files to ensure compliance with AML/TF customer due diligence procedures.
• Ensure adherence to all aspects of the code of Business Conduct and Ethics, including individual accountability as it relates to potential conflicts of interest, safeguarding of customer information, and anti-money laundering policies.

Requirements

• Experience: 3-5+ years of AML experience.
• Technical Skills: Working knowledge of applicable Bank systems and Microsoft Office Suite, including intermediate-level Excel for spreadsheet management and manipulation. Knowledge of AMLEO is also required.
• Core Competencies: In-depth analytical thinking, working problem-solving skills, working organizational understanding, and in-depth risk management capabilities.

Qualifications

• An undergraduate degree, graduate degree, or professional designations.
• A strong understanding of complex financial instruments and interbank lending.
• Experience working in a middle office function of capital markets.
• Knowledge of capital markets products, such as correspondent banking, trading products, and trade finance transactions.

Benefits

Everforth Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Everforth Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Everforth Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Everforth Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our ‘Welcome Packet’ as well, which an Everforth Apex team member can provide.

Pay

Details on pay are not specified in the job posting.

Schedule

Details on schedule are not specified in the job posting.

Skills

Details on skills are not specified in the job posting.

Benefits

Details on benefits are not specified in the job posting.

Contact Information

If you require an accommodation under the Americans with Disabilities Act to participate in an interview with a virtual recruiter or to use our website for a search or application, please contact our Benefits Department at [email protected] or 804-523-8228. Please note that this contact information is strictly to be used for medical ADA accommodations and that no other inquiries will be answered.

Equal Opportunity Employer

Everforth Apex 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. Everforth Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.