Senior AML Analyst
SadaPay is in search of a qualified Senior AML Analyst. The candidate for this position will be accountable for enhancing and assisting our anti-money laundering and compliance regulations and procedures. You will be accountable for assessing escalated alerts and system-generated reports for activities deemed suspicious. You will support the dissemination, investigation, and articulation of details regarding BSA regulatory metrics and necessities.
- Support the Head of Compliance in inspecting potential money laundering/fraud risks.
- Go over and assess transactional data for activities deemed suspicious, which includes what is produced from the alert detection procedures, OFAC, internal referrals, and adverse media reports, among other sources.
- Make note of steps taken and file Suspicious Activity Reports where applicable.
- Make sure proper chronicling of suspicious transactions is sent to the Head of Compliance.
- Preserve an existing comprehension of terrorism and money laundering funding concerns, rules, industry-standard practices, trends in development, and criminal typologies.
- Support with transaction testing, regular personalization of tracking systems, and data validation.
- Track monthly and day-to-day activity reports making sure the right suspicious activity documentation is filed within regulatory periods.
- Conduct EDD reviews on accounts.
About the Candidate
- Certified in CAMS.
- At least three years of AML experience; a fundamental comprehension of AML processes in retail banking.
- A metric and analytic-centric work ethic.
- Openness and capacity to understand external and internal regulations that govern compliance systems.
- Capacity to perform in a fast-paced startup environment with frequent and persistent changes.
- A firm grasp and experience in OFAC, AML, and BSA necessities, which includes reporting essentials, standards, and document-filing.