Entry Level AML Transaction Investigator
We are AML RightSource, the leading technology enabled managed services firm focused on fighting financial crime for our clients and the world.
Using a blend of highly trained anti-financial crime professionals, cutting edge technology tools, and industry leading consultants, AML RightSource assists clients with their AML/BSA, transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs. We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Globally, our staff of more than 2,400 highly trained analysts and subject matter experts is the industry's largest group of full-time compliance professionals.
About the Position:
An AML Transaction Investigator, you will work with our clients (banks and non-bank institutions) to provide advice and counsel so that they ensure their financial compliance and to fight financial crimes. The purpose of this role is to detect and investigate unusual financial activity by performing detailed monitoring of moderate to complex account activity and ensure compliance with regulatory and operational policies.
You are on the front-line of making decisions as to how to keep our clients compliant with applicable law and regulations. As an AML Transaction Investigator, you research and analyze various sources of data and provide written summaries of recommendations and conclusions as it relates to the identification of suspicious or unusual financial activity. You will need to exercise discretion and judgment in the work, and must be able to work efficiently and independently in a fast-paced, dynamic environment.
Responsibilities:
- Evaluate and monitor transactional activity to assess potential suspicious activity
- Interpret and implement client operating policies regarding financial data.
- Identify data anomalies and red flags for money laundering, terrorist financing, fraud, and sanctions violations, and escalate for second level review.
- Adhere to all designated timeframes and procedures to ensure on time and accurate completion of work.
- Meet production and quality standards for completing assignments.
- Work and contribute in a team-oriented and collaborative environment to improve the analytical and reporting processes.
- Adhere to and comply with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), as well as adhering to company policies and procedures and client requirements.
Required Qualifications:
- Bachelor’s Degree
- Strong oral communication skills and ability to produce narrative and written summarizes clearly synthesizing recommendations and conclusions.
- Strong analytical, problem solving and organizational skills.
- Proficient in Microsoft Excel & Microsoft Word, with ability to learn new technologies quickly.
- Ability to multi-task, work independently and as part of a team, establishing cooperative and collaborative working relationships.
Preferred Qualifications:
- Strong entrepreneurial spirit, highly collaborative, able to express ideas readily, manage change fluidly, able to influence and identify opportunities
Normal Working Hours and Conditions:
- Core business hours are generally 8:00 am – 5:00 pm. However, this position will require work to be performed outside of normal business hours based on Company operations across different time zones. Travel also may be required.
Employee must be able to:
- Concentrate
- View data and other information (visual acuity)
- Communicate with others, verbally and in writing (talking and hearing)
- Manipulate a keyboard (repetitive motions)