What are the responsibilities and job description for the AML Investigation Analyst / SAR Writer position at Motion Recruitment?
Grow your career with an innovative global bank in New Castle, DE as an AML Investigation Analyst with strong end-to-end investigation and SAR writing experience. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week.
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6 Months
Required Skills & Experience
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6 Months
Required Skills & Experience
- Bachelor's degree.
- 2–5 years of AML experience with Retail and Credit customer transactions.
- SAR writing/preparation experience.
- Experience reviewing suspicious activity and performing AML investigations.
- Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US Treasury AML guidelines, OFAC, SEC, FINRA, FRB, FinCEN requirements, and SAR requirements.
- Advanced proficiency in Microsoft Office (i.e., MS Word, MS Excel, MS Access, MS PowerPoint and MS Outlook).
- General understanding of Senior Public Figures, Money Service Businesses, Wealth Management and Retail Banking as well as compliance with those business segments.
- AML regulatory knowledge preferred.
- Excellent project management skills.
- Excellent research skills including experience with online search tools.
- CAMS Certification
- Assist with AML review/investigations of account activity.
- Document and report review/investigation findings and prepare case files with required supporting documentation.
- Assist with disposing cases in line with established SLAs.
- Follow up with relevant points of contact to obtain additional information as needed.
- Assist with drafting and filing SARs in accordance with FinCEN requirements
- Communicate with senior management on compliance, legal, and AML-related issues.
- Write Suspicious Activity Reports (SARs), recommend relationship retention or termination, and track account closures as required.
- Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.
- Document all research and analysis conducted in the Case Management System.