AML/BSA Investigations Analyst

  • location: Minneapolis, MN
  • type: Contract
  • salary: $20.70 per hour
easy apply

job description

AML/BSA Investigations Analyst

job summary:
AML/BSA Investigations Analyst

Responsible for fulfilling the Anti-Money-Laundering/Bank Secrecy Act requirements through identification and investigation of suspicious activity.

Specialist generally responsible for the preliminary investigation of system generated alerts associated with customer account transactions. Evaluates and analyzes the information uncovered during the preliminary investigation to make a recommendation whether the alert warrants a full investigation. Assist with the workflow and case management process.

ESSENTIAL FUNCTIONS:

1. Analyze customer account transactions to detect unusual activity and make decisions on appropriate action to take. Create a clear and concise comment that supports no case decision.

2. Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group.

3. Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity.

4. Based on the outcome of the preliminary investigation, analyze and determine whether or not they alert warrants a further review that may result in a Suspicious Activity Report (SARs) filing.

5. Work cooperatively with internal departments to obtain and analyze necessary information related to the investigation.

6. Assist with departmental tracking and reporting and prepare investigation reports for management.

7. Assist in implementation of AML/BSA detection and prevention methods, such as training and instruction manuals.

8. Support any special projects or critical casework.

9. Actively ensures compliance with the Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures.

10. Actively participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position.

Basic Qualifications:

- 1 - 3 years investigations experience, preferably in security, fraud, or anti-money-laundering

Preferred Skills / Experience:

- Prior bank experience

- Knowledge of Bank Secrecy Act/Anti Money Laundering laws and regulations

- Excellent communication and written skills

- Proficiency in Microsoft Excel, Access, Word and/or experience in using other database applications

 
location: Minneapolis, Minnesota
job type: Contract
work hours: 8-5
education: Bachelor's degree
experience: 2 Years
 
responsibilities:
ESSENTIAL FUNCTIONS:

1. Analyze customer account transactions to detect unusual activity and make decisions on appropriate action to take. Create a clear and concise comment that supports no case decision.

2. Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group.

3. Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity.

4. Based on the outcome of the preliminary investigation, analyze and determine whether or not they alert warrants a further review that may result in a Suspicious Activity Report (SARs) filing.

5. Work cooperatively with internal departments to obtain and analyze necessary information related to the investigation.

6. Assist with departmental tracking and reporting and prepare investigation reports for management.

7. Assist in implementation of AML/BSA detection and prevention methods, such as training and instruction manuals.

8. Support any special projects or critical casework.

9. Actively ensures compliance with the Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures.

10. Actively participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position.

Basic Qualifications:

- 1 - 3 years investigations experience, preferably in security, fraud, or anti-money-laundering

 
qualifications:
Basic Qualifications:

- 1 - 3 years investigations experience, preferably in security, fraud, or anti-money-laundering

Preferred Skills / Experience:

- Prior bank experience

- Knowledge of Bank Secrecy Act/Anti Money Laundering laws and regulations

- Excellent communication and written skills

- Proficiency in Microsoft Excel, Access, Word and/or experience in using other database applications

 
skills: Compliance
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

easy apply

get jobs in your inbox.

sign up
{{returnMsg}}

related jobs

    Loan Document Analyst

  • location: Minneapolis, MN
  • job type: Temporary
  • salary: $15 - $18 per hour
  • date posted: 9/13/2018


    Operations Analyst

  • location: Minneapolis, MN
  • job type: Permanent
  • salary: $50,000 - $55,000 per year
  • date posted: 8/27/2018