AML Business Analyst I
Join our client's newly established Center of Excellence (COE) as a Name Screening Analyst. This is a high-volume, entry-level role focused on the first level of AML (Anti-Money Laundering) screening, ensuring the integrity of our customer data against global watchlists. The ideal candidate is "quick" and efficient. Because the role involves looking at specific data points (Name, DOB, Location) and moving rapidly to the next case, we are looking for individuals who can maintain focus and accuracy in a fast-paced, high-volume production environment. salary: $27.87 - $36.84 per hour shift: First work hours: 8 AM - 4 PM education: Bachelors
Responsibilities
Sanctions Screening & Transaction Monitoring
- Watchlist Clearing: Conduct initial reviews of customer data against watchlists, analyzing Name, Location, and DOB. Apply a standardized Scoring Matrix to disprove or escalate matches.
- Transaction Monitoring: Monitor financial transactions to detect suspicious activity, anomalies, and potential indicators of money laundering or financial crime.
Investigation & Compliance
- Case Investigations: Investigate suspected financial crimes, building and maintaining detailed case files from inception to resolution.
- Regulatory Compliance: Maintain strict compliance with AML regulations; prepare and file Suspicious Activity Reports (SARs) with regulatory authorities.
Operational Excellence
- High-Volume Productivity: Meet a baseline target of 250 cases per shift to clear backlogs, with a track record of reaching 300–400 cases.
- Collaboration: Participate in daily MS Teams updates and weekly 15-minute Friday huddles to align on performance, weekly digests, and process updates.
Skills
- Business operations
- Anti-Money Laundering
- Sanctions Screening
- Case Investigation
- Research
- Financial Services
Qualifications
- Years of experience: 1 year
- Experience level: Experienced
Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad. Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, 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 reasonable accommodation to make your application or interview experience a great one, please contact [email protected]. Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility). This posting is open for thirty (30) days. Any consideration of a background check would be an individualized assessment based on the applicant or employee's specific record and the duties and requirements of the specific job.