Client: Corporate Investment Bank

Position: Fraud Analyst

Address: Newark, DE 19711

DESCRIPTION

Interpretation of AML Risk standards, guidelines, policies and procedures. Make risk based determination through Quality Analysis whether alerts were properly cleared by Compliance Alerts Analysts. Ensure Alert data has been accurately collected and documented, including but not limited to: Investigations data, Suspicious Activity Reports (SARS) & Currency Transaction Reports (CTR), Know Your Customer (KYC) information, any relevant account and transaction data and all required information which would assist in an investigation. Strong research, analytical and comprehension skills, with ability to analyze large amounts of data.

NOTE: Training will be provided.

RESPONSIBILITIES

• Collect and analyze data, including alert, transactions, customer demographics and relevant account information to identify potential suspicious activity
• Disposition and fully document the investigation, including supporting data, analysis, and rationale for disposition within the case management system
• Complete the Suspicious Activity Report (SAR) form, if applicable, in accordance with Financial Crimes Enforcement Network (FinCEN) requirements
• Effectively communicate with associates, management and various stakeholders on risks identified, possible typologies and recommend next steps
• Balance inventory queues, deadlines, and priorities to achieve departmental standards and production goals.
• Demonstrate teamwork by accepting ad-hoc requests to assist other associates on inventory
• Conduct periodic internal customer and accounts reviews to identify potential suspicious activity
• Collect and document alert, case or Suspicious Activity Report (“SAR”) history; customer background and Know Your Customer (“KYC”) information; relevant account and transaction data; plus any other required information to assist in the investigation
• Review and analyze underlying information gathered to assess reasonable cause to close or escalate an alert to SAR; prepare SARs for filing with FinCEN when applicable
• Document and summarize findings including supporting information, analysis and rationale for disposition within the case management system in a timely manner
• Build relationships with the Review and QA groups, while also effectively communicate and transfer information for investigations
• Function as a key contributor and demonstrate knowledge of money laundering and terrorist financing typologies
• Participate in individual and department goal development and execute on tactical strategies for goal attainment

QUALIFICATIONS

• 1-3 years of experience in Fraud experience in Financial Services (internships or professional)
• Recent college graduate with Business or Criminal Justice degree
• Strong Microsoft Excel skills
• Strong writing communication and analytical skills
• Experience and/or ability to succeed in a deadline-environment

Nice-to-Have

• Experience using LexisNexis (legal research software)

Soft Skills:

• Strong attention to detail and documentation requirements
• Excellent time-management and prioritization skills (heavy deadline-driven environment)
• Strong risk-management focus
• Highly motivated with the ability to be trained
• Problem-solving skills- working across the organization to solution issues
• Strong written and verbal communication skills in a professional setting

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.