AML OPS Analyst

MUST HAVE TECHNICAL/FUNCTIONAL SKILLS

 Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.

 Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.

 Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.

 Investigative skills: Capability to gather and assess information from various sources to support decision-making

 Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities.

 Reviewing alerts: Analyzing AML alerts generated in FCRM, and looking for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc.

 Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.

 Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customers expected activity.

 Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.

 Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.

 Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended escalate it to a higher level for more robust & thorough investigations

 Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update

 Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures.

ROLES AND RESPONSIBILITIES

 Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.

 Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.

 Attention to detail: High level of accuracy when reviewing transactions and documenting

findings and recommend action with detailed rationale.

 Investigative skills: Capability to gather and assess information from various sources to support decision-making

 Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities.

 Reviewing alerts: Analyzing AML alerts generated in FCRM, and looking for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc.

 Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.

 Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customers expected activity.

 Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.

 Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed.

 Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended escalate it to a higher level for more robust thorough investigations

 Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update

 Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures.

PAN and DOB are required for profile creation