Central Business Solutions Inc. · 11 hours ago
AML OPS Analyst
Phoenix, AZ
Contract
Onsite
New Grad, Entry LevelCentral Business Solutions Inc. is seeking an AML OPS Analyst to support their anti-money laundering operations. The role involves analyzing alerts, conducting investigations, and ensuring compliance with AML regulations.
Information Technology & Services
Hiring Manager
Dinesh Katare
Responsibilities
Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws
Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information
Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale
Investigative skills: Capability to gather and assess information from various sources to support decision-making
Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities
Reviewing alerts: Analyzing AML alerts generated in FCRM, and looking for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc
Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed
Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customer's expected activity
Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks
Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed
Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended or escalate it to a higher level for more robust & thorough investigations
Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update
Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures
Qualification
Required
Basic understanding of AML regulations: Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws
Analytical skills: Ability to identify patterns, analyze complex data, and draw logical conclusions from available information
Attention to detail: High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale
Investigative skills: Capability to gather and assess information from various sources to support decision-making
Basic knowledge of financial products and services: Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities
Reviewing alerts: Analyzing AML alerts generated in FCRM, and looking for the specific AML alerts category (potential red flags) like - structuring, high-risk high-volume transaction, change in behavior, etc
Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed
Customer profile checks: Verifying customer information against existing records to understand the legitimacy of transactions and the customer's expected activity
Basic investigation: Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks
Alert disposition: Deciding whether to close an alert as non-suspicious with no further action recommended or escalate it to a higher level for more robust & thorough investigations
Documentation: Record their findings and rationale for the decision made on the alert in a specific format provided with FCRM update
Compliance adherence: Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures
Company
Central Business Solutions Inc.
Central Business Solutions Inc.: Your Partner in Technology & Business Transformation CBSInfosys: 25+ years delivering integrated tech/business solutions.
Founded in 2000
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Anjul Katare
Chairman & CEO
Company data provided by crunchbase