What are the responsibilities and job description for the Compliance AML/BSA Analyst position at Northpointe Staffing Professionals?
Job Responsibilities:
• Analyze transactional data and review public searches results for the purpose of initiating, developing and bringing to successful conclusion transaction monitoring alerts.
• Identify and use appropriate research and analytical skills to achieve maximum efficiencies and effectiveness; in the monitoring transaction process and alert dispositions.
• Develop and participate in education, training and awareness activities as part of the transaction monitoring program.
• Maintains a good working relationship with and knowledge of business units and organizational groups within the Bank.
• Writes clear and concise comments to forcefully support the alert final dispositions.
• Other duties as assigned or requested by Supervisor.
Specialized and/or Technical Knowledge
• Knowledge of the Private Banking Industry and regulations.
• Ability to analyze risk data and provide recommendations and/or resolutions to mitigate risk scenarios.
• Ability to summarize, document, and communicate information in a clear and concise manner.
• Ability to work independently as well as collaboratively within a team environment.
• Ability to function in deadline intensive environment, managing multiple responsibilities while effectively focusing on priority issues.
• Knowledge of BSA/AML/OFAC/Terrorist Financing related regulations.
• Knowledge of Microsoft Excel, Word and PowerPoint.
• Excellent communications skills: writing & verbal.
• Knowledge of AML/OFAC related software.
• Preferred knowledge of ASSIST (monitoring transactions system).?
Must-Have Requirements:
- 2-3 years of experience
- Bilingual in English/Spanish
- Previous experience in AML Transaction Monitoring in a Private Banking environment
- Knowledge of US PATRIOT Act, BSA/AML requirements and regulations (AML, KYC, OFAC, FinCEN)
- Ability to work in a high-pressure environment with strict deadlines
- Strong research and analytical skills
- Ability to effectively manage multiple priorities and learn new tools quickly
- Ability to make independent decisions as well as collaborate effectively with a team
- Strong interpersonal skills: effective communication both written and verbal
- Energetic/self-starter with the ability to take direction and act quickly
Pluses:
- Experience with or a keen interest in emerging technologies including cryptocurrencies and the Blockchain
- ACAMS or FIBA certification
