Associate, AML

Responsibilities

• Work on engagements related to Office of Foreign Assets Control (OFAC), USA PATRIOT Act, Bank Secrecy Act (BSA), Know Your Client (KYC), and all other laws, regulations, and requirements designed to establish processes to detect and prevent money laundering, fraud, and terrorism
• Manage assigned tasks related to drafting case investigations, preparing Suspicious Activity Reports (SARs), analyzing/utilizing Currency Transaction Reports (CTRs) and Monetary Instrument Logs (MILs), and referencing Customer Identification Programs (CIPs)
• Using strong investigative/analytical skills, able to formulate and clearly articulate a supportable rationale behind the decisioning of “alerts” within cases, as part of lookbacks
• Conduct transaction analysis in the course of lookbacks
• Solve basic problems and include senior team members when appropriate
• Meet utilization targets
• Interface with clients in a professional manner, including being prepared prior to client meetings to resolve questions and issues
• Meet deadlines and manage evolving/shifting deadlines
• Maintain education and knowledge with regard to BSA, AML/KYC/OFAC, and Patriot Act regulations
• Meet clearly defined productivity and quality assurance standards
• Be resourceful—offer creative solutions to problems faced by project leader
• Occasional travel required
• Other duties as assigned