AML Analyst

Key Responsibilities:

• Conduct thorough investigations on alerts generated from transaction monitoring systems to identify unusual patterns or suspicious activity.
• Analyze client transactional behavior against expected norms and investigate inconsistencies. 
• Follow up on flagged transactions and conduct due diligence to ascertain their legitimacy.
• Participate in case review and SAR writing.
• Document findings in a clear and concise manner for review by senior compliance staff or regulatory bodies as needed. 
• Coordinate with other departments to collect necessary information pertaining to customer due diligence (CDD) and enhanced due diligence (EDD). 
• Maintain a current understanding of AML regulations and be able to apply them effectively in day-to-day operations.
• Participate in regular training sessions to stay updated with new regulatory requirements and best practices in AML compliance. 
• Work closely with the technology team to fine-tune transaction monitoring systems for optimal performance.