AML Transaction Investigator
$75,000–$100,000 year
On-siteNew York City, New York, United States or New York, United States
Job Summary
Perform annual high-risk account activity reviews and conduct in-depth strategic initiatives for ongoing AML transaction and trade-based monitoring. Execute detailed analysis of transactional data to identify trends, red flags, and suspicious activity patterns across multiple inputs. Prepare Suspicious Activity Report (SAR) filings and recommend appropriate follow-up actions for customers exceeding the firm's risk tolerance. Effectively communicate findings laterally and horizontally within AML Compliance and business branches. Requires advanced Excel skills and proficiency in MS SQL queries to homogenize disparate data sources. Minimum of two years in private wealth management AML capacity with a Certified Anti-Money Laundering Specialist (CAMS) certification. Base salary range $75,000 - $100,000 for New York City.
Required Qualifications
- Previous experience covering Broker Dealer or Private Wealth business/Private banking in an AML capacity
- An acute investigative prowess, with the ability to think critically in identifying AML typologies and patterns
- Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product type, customer type, etc.)
- Excel, VBA, Access, SQL
- MS SQL queries, procedures, functions, and other database objects
- Prior Broker Dealer experience, understand investment products, financial instruments, and anticipated/expected customer behavior in order to effectively identify risk and suspicious activity
- Excellent verbal and written communication skills
- Minimum of two years with direct experience in areas of private wealth management, focusing on emerging markets accounts along with domestic accounts
- Bachelor�s Degree required
- Certified Anti-Money Laundering Specialist (CAMS)
- 4-6 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations
- Proficient in reviewing and clearing AML surveillance alerts
- Knowledge of applicable anti-money laundering laws, including the Bank Secrecy Act, the USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements
Desired Qualifications
- Execute testing across lower environments through implementation related to performance testing and tuning initiatives
- use of Actimize
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.