What are the responsibilities and job description for the Anti-Money Laundering Specialist position at Russell Tobin?
Position: AML/BSA Specialist
Location: Minneapolis, MN 55402, United States
Job Type: 6 Months Contract
Rate - $24 -$26.43/hour
Responsibilities
- Fulfill Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) requirements through identification and investigation of suspicious activity.
- Analyze customer account transactions to detect suspicious activity and decide on appropriate actions.
- Work with business lines to establish procedures for identifying suspicious customer transactions and reporting them to the anti-money-laundering group.
- Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity.
- Determine if a Suspicious Activity Report (SAR) must be filed with the Federal Government based on investigation outcomes.
- Collaborate with internal departments, financial institutions, and local, state, or federal authorities to obtain and analyze necessary information.
Preferred Skills/Experience:
- Thorough knowledge of operations, products/services, systems, and risks/controls applicable to the assigned area
- Comprehensive understanding of applicable laws, regulations, financial services, and regulatory trends
- Well-developed analytical skills
- Ability to research and manage multiple projects and deadlines simultaneously.
- Strong PC skills, particularly in word processing, spreadsheets, databases, and presentations
- Effective verbal and written communication skills
Qualifications
Bachelors Preferred OR Good Relevant experience with High School Diploma
Salary : $24 - $26
