What are the responsibilities and job description for the AML/SAR Analyst position at Turn2Partners?
AML/Suspicious Activity Reports (SAR) Analyst
We're supporting a global financial consulting firm looking to add diligent and analytical Suspicious Activity Reports (SAR) Analysts to a long-term commercial national bank project. As a SAR Analyst, you'll be responsible for identifying, investigating, and reporting suspicious activities that may indicate money laundering, fraud, or other financial crimes. This role involves analyzing transactional data, reviewing alerts, and preparing SARs in compliance with regulatory requirements.
Responsibilities:
- Investigate transaction monitoring alerts for potentially suspicious activity.
- Analyze customer account activity to detect patterns of money laundering or fraud.
- Prepare and file accurate and timely SARs with appropriate regulatory authorities.
- Document investigative findings with clear, concise narratives and supporting evidence.
- Collaborate with internal teams to escalate and mitigate identified risks.
- Stay informed about emerging financial crime trends and regulatory changes.
- Participate in ongoing training to maintain compliance expertise.
Requirements:
- 2 years of experience in AML compliance, specifically writing Suspicious Activity Reports.
- Familiarity with transaction monitoring systems and AML software.
- Excellent written communication skills for drafting SAR narratives.
