AML Analyst

About the role

The primary responsibilities include conducting transaction monitoring and due diligence reviews.

Responsibilities

• Analyze data sources and prepare escalations for risk mitigation.
• Manage client queries and ensure timely resolution of issues.
• Generate reports and track process performance.
• Quality‑check analyst narratives for accuracy.
• Review AML alerts generated in FCRM, looking for specific AML alert categories (potential red flags) such as structuring, high‑risk high‑volume transaction, change in behavior, etc.
• Review the alerted activity and 30 days of recent activity on the account, including appropriate research to explain why the activity is performed.
• Verify customer information against existing records to understand the legitimacy of transactions and the customer’s expected activity (customer profile checks).
• Conduct initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks (basic investigation).
• Decide whether to close an alert as non‑suspicious with no further action or escalate it to a higher level for more robust investigation (alert disposition).
• Document findings and rationale for the decision made on the alert in the specific format provided with FCRM update.
• Ensure all reviews are conducted in accordance with established AML