Representative, AML Compliance
The Representative, AML Compliance is responsible for detecting suspicious trends and activity by monitoring transactions through various systems and applications. S/he provides accurate documentation of account activity, recommends any action(s) to be taken and writes Suspicious Activity Reports for the Federal Government in compliance with all Company guidelines and protocol.
Responsibilities -
- Detects suspicious trends and activity by monitoring transactions through various systems/applications.
- Ensures compliance by adhering to and following all Company policies, guidelines and protocol.
- Interacts with branch employees in order to make the appropriate business decisions concerning customer relationships.
- Keeps informed of AML regulations and methods to ensure compliance.
- Maintains legal and regulatory compliance information.
- Provides accurate documentation of account activity and recommends action to be taken.
- Researches and analyzes high level customer relationships using all available resources in order to make the appropriate business decision concerning the customer relationship.
- Works on other duties as assigned or requested.
- Writes clear and concise Suspicious Activity Reports that will be sent to the Federal Government.
- Education - Bachelor's Degree; Economic Crimes, Criminal Justice or equivalent degree., or equivalent work experience;
Work Experience - Financial Services industry or related field.
- Skills and Abilities - Ability to maintain attention to detail and accuracy under pressure situations.
- Excellent written and verbal communication skills.
- Must have a team player mindset, actively take initiative and have a strong work ethic.
- Proficient knowledge and understanding of AML regulation and methods, money laundering, and terrorist financing.
- Strong analytical and problem solving skills.
- Strong organizational and time management skills.
- Physical Demands- Minimal physical effort such as sitting, standing, and walking.
- Competencies - Builds effective working relationships with peers
- Communicates clearly and precisely, Listens carefully and asks questions to clarify understanding,
- Knows who the organization's key customers and competitors are.
- Has basic understanding of financial services industry and how organizations operate
- Learns about and diligently follows established risk management policies, processes and procedures
- Maintains professional behavior at all times in representing the company.
- Does all routine work accurately and on-time; is aware of own impact on others
- Openly and proactively shares information
- Understands the central role the risk management function plays in the organization environment.
- Learns to identify and flag items non-compliant with regulations
- Works effectively in team settings.
- Shows appreciation for others' help and lends a hand when needed to complete shared tasks