Analyst, AML Job Description

Analyst, AML Job Description

4.5
133 votes for Analyst, AML
Analyst, AML provides thought leadership on the industry trends, challenges, and opportunities for anti-money laundering, counter terrorist financing, prevention of human trafficking, sanctions, etc.

Analyst, AML Duties & Responsibilities

To write an effective analyst, AML job description, begin by listing detailed duties, responsibilities and expectations. We have included analyst, AML job description templates that you can modify and use.

Sample responsibilities for this position include:

Troubleshoot the availability of applications, services, and servers
Provide quality assurance testing and deployment support for end user computing (EUC) tools and business managed applications
Responsible for the quality delivery of the services under GCIT Governance support including change management, incident management and release management
Advising the business on high risk relationships/transactions
Manage the team inbox in terms of allocating workload across the team
Provide oversight on daily regulatory reporting, data loading and other batch process execution
Development and Maintenance
Report / Batch / Web / EUC tools development and testing
Ah-hoc reporting and data analysis
Participate in technical requirements activities

Analyst, AML Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Analyst, AML

List any licenses or certifications required by the position: CAMS, CFE, AML, ACAMS, SFMS, CRCM, CFCS, PMP, AMLCO

Education for Analyst, AML

Typically a job would require a certain level of education.

Employers hiring for the analyst, AML job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Economics, Education, Accounting, Law, Criminal Justice, Financial Services, Business/Administration, Management

Skills for Analyst, AML

Desired skills for analyst, AML include:

Applications
Back end controls
Data sources
Regulations
AML/ CTF and Sanctions acquired working in a similar role within the Capital Markets Industry
Anti-money laundering
Brokerage / deal surveillance
Fraud prevention –
Products
Services

Desired experience for analyst, AML includes:

KYC and AML experience required
Previous experience in AML, compliance or related position preferred, or relevant course work in criminology, law, logic auditing and other business courses
1-2 years previous experience in AML investigations, compliance or related position preferred, or relevant course work in criminology, law, logic auditing and other business courses
Research, analyze and document sponsor/stakeholder needs
Ensure adequate end user documentation and training and conduct information gathering sessions
Technology and Operations Liaison

Analyst, AML Examples

1

Analyst, AML Job Description

Job Description Example
Our company is growing rapidly and is hiring for an analyst, AML. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for analyst, AML
  • Conduct comprehensive enhanced due diligence reviews of both new and existing clients
  • Participation in ad hoc and project work as required remediation projects, process changes
  • Ensure that any non-core tasks, are completed in an accurate and timely manner
  • Utilize information found on internal systems (BETALink, ClientSource, PostEdge, ) in the public domain to complete activity analysis and make informed conclusions
  • Provide end-to-end project delivery support, including conducting walkthroughs, providing test support, performing defect coordination, implementation & warranty support
  • Investigation of cases generated by Transaction Surveillance
  • Maintain the European Watch Lists
  • Review Production Orders, warrants, subpoenas, analyzing/escalating them and maintaining a production log
  • Liaison with relevant law enforcement authorities and peer institutions in relation to financial crime intelligence matters
  • Assisting in the submission of SARs
Qualifications for analyst, AML
  • Office professional environment
  • Fast paced / work under tight timelines
  • Must have approximately 4-7 years of experience in a related industry or function
  • University degree, college diploma, or equivalent experience considered an asset
  • Obtain account statements, transaction histories, wire transfer details and check images related to each investigation
  • Communicate with bank personnel and management to verify accuracy of information
2

Analyst, AML Job Description

Job Description Example
Our innovative and growing company is hiring for an analyst, AML. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for analyst, AML
  • Provide highly and effective communication during implementation and outages
  • Lead requirements and/or issues walkthrough reviews of all technical specifications with business, IT members and executives as required
  • Resolve technical conflicts/issues and escalates to others as appropriate
  • Prepare and deliver presentations/reports to business and technology partners and senior management, selecting the appropriate approach based on the audience
  • Develop documents and executes unit test, system integration and acceptance test (PIV) using different languages and testing tools for functions of high complexity
  • Develop plans and accurate estimates for completion of requirements, continuously improving the level of details and accuracy of estimates
  • Apply advanced coverage analysis techniques to ensure relationship between scope, detailed requirements, and testing through to implementation
  • Communicate the impact of changes through cost-benefit analysis taking into consideration time, effort, and business priorities
  • Manage the detail aspects of day-to-day operations with 3rd party vendors as required
  • Analyze and document detailed business and system solution requirements using Agile Iterative requirements methodology (Sprint Planning, Stand-up, Sprint Reviews and Retrospective meetings)
Qualifications for analyst, AML
  • 3-4 years of work experience in banking & the BSA/AML field
  • Good working knowledge of AML risk and compliance management requirements for federally regulated financial institutions and industry best practices would be an asset
  • 2+ experience using QTP Web Service, Web Add-Ins, Quality Center 11
  • Knowledge of data structure and database reporting techniques (SQL and relational databases)
  • Experience with web-based software testing and creating full life cycle test plans
  • Experience with .NET, unit tests, and test-driven development (asset)
3

Analyst, AML Job Description

Job Description Example
Our innovative and growing company is hiring for an analyst, AML. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for analyst, AML
  • Act independently to coordinate and control an investigation and make key real time decisions
  • Prepare necessary reports and information for relevant internal departments, Financial Intelligence Units, law enforcement and regulatory organisations
  • Work closely with other departments across PPB including Retail management, Customer Operations, Risk, Integrity and VIP/Premium teams
  • Receive internal suspicious activity reports, record and investigate possible instances of Money Laundering (ML)
  • Performs day-to day maintenance and processing for the Bank's transaction monitoring system to ensure data integrity and quality, including reviewing, repairing and reconciling data to source systems
  • Participates in the annual risk assessment through data extraction, transfer, and synthesis from a variety of sources and Bank systems
  • Collaborates with technology and operations partners to ensure dependencies are identified and supporting systems are operating effectively
  • Participates in independent model validation(s) in accordance with the Bank's Model Risk Management Policy
  • Evaluate CIP and CDD processes for compliance to bank’s procedures and handling outstanding exceptions
  • Conduct ongoing monitoring and evaluation of rule performance with procedures for responding to any problems that appear
Qualifications for analyst, AML
  • Provide support to approved projects
  • Provide country support for User Acceptance Testing and ensure that schedules are published and adhered to
  • Provide system training for end users as required
  • Complete business analysis and business rule development tasks where required
  • Assist in development and testing of simple to moderately complex queries, according to the specifications
  • Prepare data according to the needs of the end-user or client including the provision of simple downloads of the information to developing simple to moderately complex reports, which may require data manipulation and analysis
4

Analyst, AML Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of analyst, AML. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for analyst, AML
  • Bachelor’s degree (or corresponding education) preferred, or equivalent job experience in the financial services industry
  • Knowledge of global law and regulations applicable to consumer protection a plus
  • Must have advance, extensive and expert working knowledge of operational functions and sound internal control concepts
  • Must possess a high degree of objectivity and display a global view
  • Understanding of international regulatory bodies and organizations
  • Developing User Acceptance Testing (UAT) scripts and providing project management assistance
  • Good communication and presentation skills desired
  • Identify and resolve problems following established guidelines, accounting for internal guidelines outside regulatory requirements
  • Conduct location reviews within New Zealand
  • Perform Agent and consumer enhanced due diligence
Qualifications for analyst, AML
  • A plus if the individual can write PL/SQL queries
  • Proficient in Microsoft office, databases, and internet research
  • Leadership and management of the people agenda within the team employee motivation and morale, training, capability development, succession and talent management
  • Work with Management and the Bank's Compliance Department to identifying, review and implement process improvements - this includes reviewing thresholds, operating procedures and internal controls
  • Assist with investigations of potentially fraudulent activity on customer accounts and work with management and the Compliance function to resolve
  • The on-going maintenance and development of a robust control environment within the unit ensuring that all risks are appropriately managed and operational losses are minimised
5

Analyst, AML Job Description

Job Description Example
Our company is searching for experienced candidates for the position of analyst, AML. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for analyst, AML
  • Independently identifies and resolves problems following established guidelines, accounting for internal guidelines outside regulatory requirements
  • Capable of analyze complicated data sets to identify patterns and issues in backend database environment
  • Maintaining and creating custom reports and dashboards, and interpreting data for analysis
  • Conducts research and analysis of internally identified suspicious activity patterns, industry risks, or any complex, critical issues concerning the trends associated with money laundering or other financial crimes
  • Searches for meaningful patterns, trends, and relationships amongst large amounts of data
  • Create clear presentations, which highlight the effectiveness and efficiency of your rules-based scenarios and models, in order to better understand our risk universe
  • Creates, manages and maintains monthly and ad hoc reports and dashboards
  • Provide data, including data preparation and query support to assist simulation and analysis requests of compliance business partners
  • Identify and leverage new data, adopt new techniques and technology to improve model performance and existing process
  • Interact with technology partners and vendors to ensure the systems supporting the program are operating effectively, and improve implementation efficiency
Qualifications for analyst, AML
  • An in-depth knowledge of the AML process and Regulatory guidelines is essential
  • Ability to execute consistently, and function independently on a team
  • Conduct testing and/or lead testing engagements in accordance with the Global AML Testing Methodology ensuring completion within established budget, time and scope parameters
  • Develop and execute detailed testing plans specific to the business unit or operational/control unit with direction from Manager/Senior Manager
  • Accurately document test results and present concerns, findings and recommendations to testing team management and unit management as appropriate
  • Work independently and interact with internal and external stakeholders including partners within Global AML and management within the business units and operational/control units being tested

Related Job Descriptions

Resume Builder

Create a Resume in Minutes with Professional Resume Templates