AllSTEM is hiring for one of our prestigious client in Banking & Financial Services.
Title - AML/KYC Analyst
Location - Columbus, OH
Pay Rate - $26/hr- $29/hr
Job responsibilities:
Have the ability to make decisions autonomously, consulting with management and Senior Investigators on more complex issues.
Gather thorough/accurate evidence on multiple case assignments including financial profiles, tracing financial transactions, and background information on suspects using various systems and tools.
Be responsible for analyzing individual cases for closure or referral to other units. Make Suspicious Activity Report (SAR) decisions and prepares suspicious activity reports (SARs) as required.
Document key data and issues related to the investigation including potential loss, status of investigations etc.; responsible for analyzing data; making and documenting critical regulatory reporting decisions; completes accurate and timely regulatory reports.
Manage alerts and cases which are highly sensitive and confidential information.
Identify and escalate any detected control deficiencies.
Possess a basic knowledge of the regulatory guidance and requirements for investigations and Suspicious Activity Reporting (SAR) completion.
Required qualifications, capabilities, and skills:
Bachelor's degree and/or minimum two to three years equivalent experience in compliance or investigations
Two to three years in an investigative role or role that requires research and problem-solving skills
Excellent research and analytical skills to review information and draw appropriate conclusions
Excellent written and verbal communication skills
Proven judgment and problem-resolution skills
Demonstrated ability to prioritize and meet deadlines in a fast-paced environment
Experience in filing Suspicious Activity Reports (SARs), experience in understanding of regulatory concepts including but not limited to the Bank Secrecy Act, US Patriot Act and Anti-Money Laundering