Anti-Money Laundering Analyst

Job Title: AML Analyst

Duration: 12+ Months (strong possibility of extension)

Location: New Castle, DE 192720 (Hybrid, 3 days onsite/week)

Responsibilities:

• Document and report case review/investigation findings and prepare case files for review (e.g. media search results, copies of statements/checks, results from internal system searches etc.).
• Conduct research over available Bank systems, the Internet and Databases consistent with the resolution of investigations.
• Collect and examine financial statements/transaction data and other documents to assist in identifying unusual transaction patterns.
• Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.
• Document all research and analysis conducted in the Case Management System.
• Create Suspicious Activity Reports (SARs); recommend relationship retention or termination; and track account closures as required.
• Liaise with other units where applicable.

Required Skills:

• Bachelor's degree.
• 1 to 5 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations.
• SAR writing experience.
• Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities-related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US Treasury AML guidelines, OFAC, SEC, FINRA, FRB, FinCEN requirements, and SAR requirements.
• Excellent project management skills.
• Excellent research skills including experience with online search tools.
• Advanced proficiency in Microsoft Office (i.e., MS Word, MS Excel, MS Access, MS PowerPoint, and MS Outlook).

Preferred Skills:

• CAMS certification.
• Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
• General understanding of Senior Public Figures, Money Service Businesses, Wealth Management, and Retail Banking as well as compliance with those business segments.