What are the responsibilities and job description for the Anti-Money Laundering Specialist position at Turn2Partners?
Job Title: AML Compliance Analyst
Location: Lewisville, TX & San Antonio, TX
Hourly Rate: $40 $4
Hours: Full-Time, In-Office (5 days a week)
Job Description:
We are seeking a detail-oriented and experienced AML Compliance Analyst to join our team. In this role, you will be responsible for performing Anti-Money Laundering (AML) transaction monitoring, reviewing suspicious activity alerts, drafting Suspicious Activity Reports (SARs), and ensuring compliance with AML regulations across multiple jurisdictions. The ideal candidate will have a strong understanding of financial crimes and be able to apply analytical techniques to assess potential risks effectively.
Responsibilities:
- Conduct AML alert/case reviews, mitigating risks associated with financial crimes and suspicious activities.
- Apply research and analytic techniques to assess complex information, making well-supported determinations regarding suspicious activity.
- Perform end-to-end reviews of potential illegal or suspicious activity and complete time-sensitive analysis of each case.
- Review customer profiles and client data to identify any inconsistencies with typical purchasing/payment activity, including adherence to Acceptable Use Policies and KYC efforts.
- Document findings in narrative format within manual and automated case management systems.
- Prepare updates to Project Managers and Team Leads as needed, and determine if a Suspicious Activity Report (SAR) needs to be filed.
Qualifications:
Required:
- Minimum 2 years of compliance experience (AML, transaction monitoring, fraud).
- B.A./B.S. degree or equivalent.
- Knowledge of AML laws, regulations, and guidelines (e.g., BSA, OFAC, FinCEN guidance).
- Experience working with manual and system-generated alerts for detecting suspicious activity.
- Strong knowledge of U.S. reporting requirements related to suspicious activity and cash transaction activity.
- Ability to identify red flags for potential financial crimes, including money laundering, terrorism financing, and fraud.
- Solid proficiency in Excel.
- Strong communication skills (oral and written).
Preferred:
- 3 years of experience with AML alerts, escalations, and SAR write-ups.
- CAMS certification.
- Experience with cryptocurrencies and related AML risks.
- Specific knowledge of digital currency products and the cryptocurrency industry.
- End-to-end understanding of Transaction Monitoring, KYC, Screening, Fraud Operations, and jurisdiction-specific SAR filing.
Salary : $40
