What are the responsibilities and job description for the AML Investigations Consultant position at Madison-Davis, LLC?
Up to $55/hour
- Analyze customer transactional behavior following respective alerts generated and escalated from first line AML team, to determine if transactions are in line with expectations, or if there are reasonable grounds for suspicion of ML/TF.
- Prepare and file reports to the Financial Crimes Enforcement Network (FinCEN)
- Collaborate and liaise with FinCEN and law enforcement authorities for the follow up of the reports submitted, providing all requested documentation in a prompt and efficient manner.
- Design enhancements on the transaction monitoring and investigation processes to increase risk coverage and effectiveness.
- Perform quality assurance on and training for AML/CFT teams work to ensure compliance
- Provide ongoing assistance, hands-on support and on-the-job training to the operational AML/CFT team.
- Act as the first point of escalation to AML/CFT
