AML Business Analyst I

89889
Mount Laurel, New Jersey
Contract
8 hours ago

Job Title: AML Business Analyst I
Location: Mount Laurel, New Jersey (Remote)
Estimated Duration: 5 Months

AML Business Analyst
An Anti-Money Laundering (AML) Analyst investigates and monitors financial transactions to detect and prevent money laundering, terrorist financing, and other financial crimes. They analyze data, conduct investigations, and ensure compliance with AML regulations and policies, ultimately helping to maintain the integrity of the financial system.

Key Responsibilities:
Transaction Monitoring: Reviewing a wide range of financial transactions for suspicious activity.
Investigation: Investigating potential cases of money laundering and other financial crimes.
Creating and maintaining case files to investigate suspicious activity.
Compliance: Ensuring compliance with AML regulations and policies.
Reporting: Reporting findings to regulatory authorities when necessary.
Preparing and filing Suspicious Activity Reports (SARs).
Due Diligence: Conducting customer due diligence (CDD) and Know Your Customer (KYC) checks.
Documentation: Creating and maintaining records of investigation activities and findings; gathering and analyzing documents to assist in identifying suspicious transaction patterns.
Training: Participating in and leading AML compliance training.
Staying Updated: Staying informed about emerging threats and trends in financial crime.
Collaboration: Working with other teams, including law enforcement and compliance officers.
Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity.
Performing periodic reviews of high-risk customers.

MUST-HAVE Hard Skills:

  • 1+ years of experience within a Business Analyst role (internship or co-op considered as experience)
  • Basic computer skills – Microsoft Windows etc.
  • Must have completed a High School Diploma or GED

SOFT SKILLS:

  • Excellent written and verbal communication skills are needed to communicate findings and recommendations
  • Strong analytical and problem-solving skills are crucial for identifying patterns and trends in financial transactions
  • Careful attention to detail is necessary for accurately analyzing data and identifying suspicious activities
  • Adaptability and flexibility

NICE-TO-HAVE

  • MS Office knowledge
  • AML knowledge
  • Banking, Financial or Customer Service experience

 

The pay range that the employer in good faith reasonably expects to pay for this position is between $25.00 and $36.00

Our benefits offering includes medical, dental, vision and 401k.

Tundra Technical Solutions would like to thank you for your interest in this opportunity. However, only candidates under consideration will be contacted. Tundra Technical Solutions is a global workforce and technology delivery firm, ranked by Staffing Industry Analysts as one of the largest in North America. At Tundra, we aren't just hiring top talent at the world's most recognizable brands; we are pioneers of social recruitment. This post is for a contract assignment. Assignment duties and duration are subject to business needs and requirements. We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other legally protected characteristics.  

California Notice. Qualified applicants with arrest or conviction records will be considered for employment in accordance with law, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act. Criminal history may have a direct, adverse, and negative relationship with the following job duties: protect and return property, adhere to confidentiality requirements, comply with security requirements, adhere to policies and codes of conduct.

  We use artificial intelligence tools to help our recruiters screen and assess talent. These tools do not replace human decision making in the process.   Not interested in this position, but know somebody who might be? Check out our Referral Reward Program, referrals are a big secret behind our success. As always, we’re on the lookout for great people. And we know that you know great people!