AML Operations Analyst Job Description
AML Operations Analyst Duties & Responsibilities
To write an effective AML operations analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included AML operations analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
AML Operations Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for AML Operations Analyst
List any licenses or certifications required by the position: CAMS, AML, LOMA, CFE
Education for AML Operations Analyst
Typically a job would require a certain level of education.
Employers hiring for the AML operations analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Management, Sound, Accounting, Communication, Supervision, Homeland Security, Criminal Justice, Associates
Skills for AML Operations Analyst
Desired skills for AML operations analyst include:
Desired experience for AML operations analyst includes:
AML Operations Analyst Examples
AML Operations Analyst Job Description
- Suggesting revisions to policies and procedures to facilitate loss prevention and recommends enhancements to protect and safeguard the firm’s clients, employees and financial advisors
- Training • Conducting red flags training for key departments to promote firm wide awareness
- Review and analyze underlying data gathered to assess reasonable cause to escalate an alert to an Investigation or to clear the alert
- Disposition and fully document all alerts, including supporting data, analysis and rationale for disposition, within in a timely manner
- Work with independent financial advisors to resolve suspicious activity alerts
- Perform other daily tasks such as support ad hoc requests for information (MAS questions, audit inquires ) and participate in UAT and efforts to develop robust systems
- Prepare an operational Monthly Business Review (MBR) presentation, incorporating key people, productivity, efficiency, client experience, finance, and control metrics
- Conduct time studies for each key process to understand organizational and activity-level effort requirements
- Understand information from various sources logically and holistically, summarize and present complex data in an organized, concise manner
- Ensuring that screening process is effectively reviewed while delivering a high quality work product
- Working knowledge of Financial Crime Detection software, Mantas, SAS, Actimize, or similar
- Ability to read and write in Mandarin
- Experience in similar role (preferred)
- Control focused mindset and good understanding of regulatory and reputational risks - (knowledge of Asian requirements a plus)
- Ability to liaise with all levels of the firm and people wih different experiences and backgrounds
- 2+ yrs experience in similar role
AML Operations Analyst Job Description
- Provide AML subject matter expertise to team members and business partners
- Ability to apply Firm’s standards to AML quality assessments
- Participate and / or take the lead in AML/KYC related projects
- Management & Motivation
- Execute deployment requests for QA/IST/UAT environments
- Monitoring specific application based process
- Manage file systems and monitor file system growth
- Managing lower environments support issues and seeing through to resolution
- Manage Test Environment Implementations through the use of enterprise change management practices
- Effectively communicates and builds rapport with team members, management, stakeholders, infrastructure teams and interface groups using a variety of techniques and collaboration from initiation to close
- Solid understanding of common money laundering schemes regulatory environment
- Bachelor’s Degree and/or equivalent workforce experience in Technology, Information Management or Business Administration
- Tableau experience (nice to have)
- Assimilate information by identifying relevant key trends and issues
- Proactive in identifying potential concerns and follow-up to resolve such complex issues
- Proven track record in high productivity and meeting deadlines
AML Operations Analyst Job Description
- Liaising with the client, front and middle office staff to obtain required KYC and legal documentation prior to set-up
- Managing onboarding and refresh cases, interfacing with the CGM desks on any CLM related query
- Screening of entity names against sanctions, adverse news and politically exposed persons lists
- Escalating red flags and due diligence findings to Financial Crimes Compliance
- Maintaining customer data and documents into customer database
- Compliance to onboarding procedures and develops a risk awareness mindset
- Assisting with the day-to-day operations of the Onboarding function including monitoring urgent requests/ queries and aged items
- Follows established written procedures and guidelines, provides technical and analytical support in a global markets operations support function for operations product areas
- May assist in managing projects and/or introduction of new initiatives, systems, products and services and processes coordination across multiple operations functions
- Assist and provide guidance to internal and external business partners as part of exam and audit engagements
- Excellent technical, project management skills
- Eagerness to learn and thrive on challenge
- Knowledge in data extraction/manipulation, publishing and macro processing
- Education – Bachelors or higher degree preferably in business or Computer Science IT
- Experience – 5 to 6 years of experience, of working on software development projects and full understanding of System Development Life Cycle, as a business analyst
- Excellent PC and software skills including Excel, Word, Fidelity, Atchley systems and Synergy
AML Operations Analyst Job Description
- Ensure due diligence is performed on new clients to comply with “AML/KYC” regulations
- Organize and track corrective action related to regulatory exams and audits
- Assist in the preparation and submission of results to management and other relevant stakeholders
- Participate in working groups and project initiatives across the organization
- Collaborate, liaise, interact and influence in a professional manner with employees and colleagues at all levels across the organization in different countries
- Be the “voice of the client” within the business sentiment
- Proficient in identifying and utilizing appropriate resources to complete assigned projects
- Ability to make decisions and exercise sound business judgement independently
- Conduct initial and ongoing due diligence reviews of ~600 financial intermediary business partners to mitigate risk and ensure compliance with policies and best practices
- Assist with inquiries and provide solutions to issues that may arise (internal and with the client)
- Strong analytical skills with the ability to interpret information, research problems, and suggest appropriate solutions
- Strong organizational skills and ability to prioritize working files and critical situations
- Exceptional research and analytical skills with the ability to analyse large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, ) and disposition appropriately
- Ability to work within the operating hours and days for this position as outlined in the posted job requisition overtime as needed
- Previous Spanish Call Center work or Spanish Certification
- 8-10 years of BA Experience (majority on operation & support side)
AML Operations Analyst Job Description
- Definition and documentation of cross functional roles and responsibilities pertaining to intermediary lifecycle
- Development and maintenance of online procedure manuals (SharePoint)
- Accurate and timely entry, maintenance and retention of all agreements, documents, and key data points in contract management system (Novatus)
- Assist with large-scale, time sensitive legal/regulatory or other projects
- Respond to internal and regulatory audit queries
- Assist in preparation and presentation to senior management or sales/other groups of reports and updates
- Follow established written procedures and guidelines, provide technical and analytical support in a global markets operations support function for operations product areas
- Use established techniques to analyze and resolve complex operations support problems/initiatives requiring exception handling and/or coordination of multiple operational and/or product/services specialists to resolve
- Process and analyze Know Your Customer (KYC) information
- Managing the coordination of workflow to business partners to ensure timely resolutions
- Strong knowledge/experience with booking products
- Need experience working directly with the business line that does the booking
- Understanding of money markets
- Financial background and strong communication
- Spanish or Portuguese written and verbal fluency required
- Proven ability assessing system problems and issues, identifying operational impact, conducting root cause analysis, and translating results to end users of the technology