Fraud Compliance - AMLBSA Specialist

Job Title: Fraud & Compliance AML/BSA Specialist

Location: Tempe Arizona (85288)

Duration: 6 months

Shift: 1^st Shift

Notes:

• Hybrid Role: 3 days per week in the office.
• First week in the office.

Summary of Work Performed:

• Responsible for fulfilling the AntiMoneyLaundering Secrecy Act requirements through identification and investigation of suspicious activity.
• Analyze customer account transactions to detect suspicious activity and make decisions on appropriate action to take.
• Work cooperatively with business line to establish procedures for identifying suspicious customer transactions specific to money laundering including the proper method for reporting such activity to the antimoneylaundering group.
• Provide guidance support and recommendations to business lines regarding customer AML risk ratings and account activity.
• Based on the outcome of the investigation analyze and determine whether a Suspicious Activity Report (SARs) must be filed with the Federal Government for any identified suspicious activity.
• Work cooperatively with internal departments financial institutions and local state or federal authorities to obtain and analyze necessary info.

Skills/Experience:

• Responsible for the reviewing of currency transactions and suspicious activity in accordance with the Bank Secrecy Act.
• Under general supervision and guidance responsibilities are varied and moderate to complex.
• Follows defined procedures policies and precedents.
• Refers unusual situations that require exceptions to Manager or Supervisor.
• Supervisor schedules work however incumbent prioritizes assigned tasks.
• May serve as a resource for less experienced staff and assist in their training.
• Knowledge of operational policies procedures products and services.
• Strong ability to identify and interpret data and resolve exceptions.
• Good interpersonal verbal and written communication skills.
• Good knowledge of PC based software i.e. Word Excel etc. and applicable business line systems.
• Requires a high school diploma or equivalent.
• Strong analytical skills and one to three or more years of related work experience.

Required Qualifications:

• Bachelors Degree or 23 years of related experience
• Ideally those with degrees in Business Finance Economics Banking Journalism Criminal Justice JD or Law Enforcement and some jobrelated experience in those fields or banking
• Basic understanding of Bank Secrecy Act (BSA)/AML laws and regulations
• Proficient computer skills especially Microsoft Office applications (Excel Word)
• The ability to work independently and confidently with WFH is also important.
• Excellent communication skills both verbal and written
• Displays cheerful outlook and high aptitude for learning and growth.
• Extracurricular activities during college
• Knowledge of Anti Money Laundering Bank Secrecy Act US Patriot Act is a plus.
• Research
• The ability to analyze and write based upon the analysis conducted is critical.
• Time management
• Any practical experience they have in applying those skills is a plus on the resume as well.