AML Investigation Analyst

AML Investigation Analyst / SAR Writer

New Castle, Delaware

Hybrid

Contract

$31/hr - $34/hr

Grow your career with an innovative global bank in New Castle, DE as an AML Investigation Analyst with strong end-to-end investigation and SAR writing experience. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 6 Months

Required Skills & Experience

• Bachelor's degree.

• 1-5 years of AML experience with Retail and Credit customer transactions.

• Experience reviewing suspicious activity and performing AML investigations.

• Experience writing end-to-end Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.

• 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.

• Advanced proficiency in Microsoft Office (i.e., MS Word, MS Excel, MS Access, MS PowerPoint and MS Outlook).

• General understanding of Senior Public Figures, Money Service Businesses, Wealth Management and Retail Banking as well as compliance with those business segments.

• Excellent project management skills.

• Excellent research skills including experience with online search tools.

Desired Skills & Experience

• CAMS Certification

What You Will Be Doing

• Will review system-generated and manual cases for activity conducted by company clients.

• Will be responsible for managing a caseload of investigations, perform analysis and follow-up and work cases from beginning to completion according to company AML procedures and policies. Cases are generated from Ssources which include Automated Alerts (EAP, Mantas), and Manual referrals.

• 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.

• Write Suspicious Activity Reports (SARs), recommend relationship retention or termination, and track account closures as required.

• 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.

You will receive the following benefits:

• Medical Insurance - Four medical plans to choose from for you and your family

• Dental & Orthodontia Benefits

• Vision Benefits

• Health Savings Account (HSA)

• Health and Dependent Care Flexible Spending Accounts

• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance

• Hospital Indemnity Insurance

• 401(k) including match with pre and post-tax options

• Paid Sick Time Leave

• Legal and Identity Protection Plans

• Pre-tax Commuter Benefit

• 529 College Saver Plan

Motion Recruitment Partners (MRP) is an Equal Opportunity Employer. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.

Posted by: Melissa Klein

Specialization:

• Banking / Mortgage Professional