Anti-Money Laundering Analyst Job at MJ Boyd Consulting, Miami, FL

ekVuRWs3ckJNaGIxa3NKUjd0S3luYjc3eHc9PQ==
  • MJ Boyd Consulting
  • Miami, FL

Job Description

Job description

The BSA / OFAC Analyst is responsible for assisting the Chief Compliance Officer and the Deputy Chief Compliance Officer in executing compliance functions of the OFAC Program, FinCEN reporting, and the Bank’s BSA/AML & OFAC systems.

Duties and Responsibilities:

  • Knowledge of BSA, USA Patriot Act, and OFAC compliance requirements.
  • Review any potential matches to the different monitoring lists (including OFAC) used by the Agency and clear the potential match.
  • Review and analyze the reports and alerts generated by the monitoring system.
  • Review and analyze customer’s account activity and notify of any changes.
  • Initiate investigations, request additional documentation, and gather independent information.
  • Provide recommendations for Suspicious Activity Report (SAR) filing and prepare SAR documentation as necessary
  • Perform case investigations using various sources, systems, and reports for unusual activity detection.
  • Maintain records of all required BSA documentation within regulatory and Bank retention guidelines.
  • Assist with the preparation of regulatory examination materials as needed.

Competencies:

In order to perform the job successfully, an individual should demonstrate the following competencies:

  • Strong investigative and analytical skills. Ability to research and make appropriate decisions regarding complex cases.
  • Well-organized and working knowledge of Word and Excel (including pivot tables).
  • Demonstrates consistent attention to detail in the review of reports, account activity, and documentation to ensure the accuracy of the monitoring process.
  • Technical knowledge and analytical ability to manage monitoring systems and assist in validation, tuning, and optimization.
  • Able to work independently and meet deadlines.
  • Experience with FIS, WorldCheck or other AML monitoring tools desired.

Required Education and Experience:

Bachelor’s degree from an accredited four-year college or university. 2+ Years of AML or OFAC compliance experience in the financial industry. General understanding of AML principles, specifically the laws, regulations, and guidance promulgated under the BSA, USA PATRIOT Act and OFAC

Additional Qualifications:

CAMS or FIBA Certification is preferred but not required.

Language/Communication Skills:

Fluent in reading and speaking Spanish

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to effectively present information and respond to questions from managers.

Job Tags

Similar Jobs

LRT Restoration Technologies

Safety Coordinator Job at LRT Restoration Technologies

 ...integrity, and guided by our values of PEOPLE. HONOR, and GRIT. We are seeking a highly motivated and detail-oriented Bilingual Safety Coordinator to join our team. The ideal candidate will have at least 2 years of experience in a similar role and will be responsible for... 

Belcan

Logistics Technician Job at Belcan

 ...customer items, maintaining and handling physical inventory, warehouse and facility upkeep. This position will also serve as a delivery...  ...in organization and data accuracy of inventory system Packaging inventory Report inventory discrepancies Back-up to report... 

Anesis Spine and Pain Care

Pain Medicine Physician Job at Anesis Spine and Pain Care

 ...thinking solutions and achieve exceptional results. Position overview We are seeking a skilled and compassionate Pain Medicine Physician with surgical experience to join our multidisciplinary team. The ideal candidate will have a strong background in diagnosing,... 

Luxoft

Java developer Job at Luxoft

 ...Responsibilities Lead the team of developers Collaborate and communicate effectively with other member of global development team Write good effective and well-tested reliable code in Java Design and implementation of automated testing (use cases covering unit... 

Randstad USA

Quality Control Engineer Job at Randstad USA

 ...Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status. At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a...