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AML Business Analyst
Ref No.: 17-03409
Location: New York, New York
Position Type:Full Time
Pay Rate : $ 80,000.00 - 100,000.00 /Year
The NY branch of a foreign bank is looking for a AML Business Analyst. The Business Analyst ensures that all activities undertaken by the branch comply with the US Federal and State Banking Regulations, specifically regarding the Bank Secrecy Act and US Patriot Act. Compliance is responsible for transaction monitoring, Know Your Customer (KYC), Enhanced Due Diligence (EDD), filing of SARs, and all issues on US sanctions against countries/entities (SDN), drug trafficking, organized crime, tax evasion, embezzlement and money laundering as well as overseeing and verifying that all staff are adequately trained in their assignment, particularly for BSA, and other regulatory issues and maintaining proper record of training given.
The AML Business Analyst will:
  • Be responsible for being the sectary for all Compliance committees.
  • Be responsible for all reporting to committees here in NY, Home Office, Regulators, and auditors
  • Be responsible for governance of all documentation related to all exams, audits, and committees
  • Assist in the tracking of all deliverables for the branch by assisting the key unit heads.
  • Act as the PMO liaison with Home Office PMO and external vendors
The AML Business Analyst will need:
  • Bachelor's degree or equivalent with 2-5 years of work experience in the compliance field, preferably with a commercial/correspondent bank.
  • Must have experience in BSA/AML/OFAC compliance.
  • In depth knowledge of Banking and Regulatory requirements.
  • Exceptional analytical and problem-solving skills.
  • Strong interpersonal and communication skills - both written and verbal; ability to facilitate discussions around complex issues and bring them to resolution.
  • Demonstrated history of team development.
  • Strong organizational skills; proven ability to collaborate across teams with shared accountability for results.
  • Demonstrated ability to establish and maintain credibility with all levels of management, and to promote and cultivate quality throughout the organization.
  • ACAMS certificate is a plus.
Third Party Applications Not Accepted