Compliance AML Intel Sr Analyst
|Reference # :||21-01500||Title :||Compliance AML Intel Sr Analyst|
|Location :||Tampa, FL|
|Position Type :||Contract|
|Experience Level :||Start Date / End Date :||10/25/2021 / 04/29/2022|
The Compliance AML Client Analyst is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and workflow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information.
Requires good analytical skills to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Communication and diplomacy skills are required. Regularly assumes informal/formal leadership areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
Responsibilities: Analyze and proactively identify risks and new AML concerns Review recent news, court documents, and public/private sector white papers.
Independently conduct complex re?search and investigations utilizing in?ternal and external data; analyze re?search results and conduct complex data analysis.
Prepare written investigative reports and Suspicious Activity Reports (SARs) where appropriate; present fi ndings to senior management and advise on next steps.
Execute due diligence investigations in support of policies and procedures to meet internal and external regulat?ory requirements.
Use sound decision-making and Client?cretion in making decisions that mitig?ate corporate risk at each decision point throughout the investigation.
Make recommendations to senior management on next course of action – either relationship retention or ter?mination and, when warranted, pre?pare SARs.
Additional duties as assigned.
Appropriately assess risk when busi?ness decisions are made, demonstrat?ing particular consideration for the fi rm's reputation and safeguarding Major Global Bankgroup, its clients and assets, by driv?ing compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judg?ment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
5 prior work experience in a financial institution with job specific work experience in AML
Consistently demonstrates clear and concise written and verbal communic?ation and interpersonal skills
Bachelor's/University degree or equivalent experience
This job description provides a high-level review of the types of work performed. Other job-related du?ties may be assigned as required.
The Global Financial Crimes Investigations and Intelligence's (GFCII) mission is to create an integ?rated approach to the prevention and detection of fi nancial crime by identifying vulnerabilities and mitigating risks to the bank. Provide appropriate feedback through strategic analysis and leverage synergies across functions to create a holistic view of fi nancial crimes.
The Global Financial Crimes Investigations and In?telligence unit's expanded mission (e.g., Cyber Crime, AB&C, Sanctions, AML, Fraud, Cryptocur?rency), high-risk geographies and integrated Cyber Crime/Data Intelligence Function will require a syn?chronized operational approach across the Finan?cial Crimes umbrella.
The GFCII Analyst is responsible for reviewing high risk customer cases, reviewing the account rela?tionships and related parties holistically to capture global and cross sector presence, conducting re?search, documenting the investigations and provid?ing initial recommendations and dispositions of a Global Enterprise-Wide Customer Relationship. The GFCII conducts investigations that involve clients with accounts in more than one jurisdiction, a sub?stantial multi-jurisdictional nexus, or involve com?plex transactional and client account patterns. These proactive investigations are generated from sources such as reviews of the highest risk clients, ad-hoc searches, Business Compliance or Busi?ness referrals, Legal referrals, TRP referrals, product-specifi c developments, industry trends, and referrals from external sources (e.g., law en?forcement, regulators, etc.)
The Analysts are responsible for reviewing the cus?tomer cases, reviewing associated investigations, conducting research, documenting the investiga?tions, and providing initial recommendations and supporting documentation. The Analysts consult with the Senior Analysts during the review process for guidance.
•Independently conduct searches, gather data and record evidence from Client internal sys?tems, the internet and commercial databases
•Independently assess and analyze re?search results and conduct complex data analysis applying background knowledge and experience
•Conduct enhanced due diligence investiga?tions in support of policies and procedures
•Conduct investigation using global stand?ard policies, procedures and tools, aimed at meet?ing internal and external regulatory requirements
•Determine investigative and data analytics approach, use sound decision-making and discre?tion in making independent decisions that mitigate corporate risk at each decision point throughout the investigation
•Follow up with additional Point(s) of Con?tact (POC) as needed to identify additional inform?ation in support of the case
•Compile supporting documentation and data including media and transaction including documenting review fi ndings for Compliance and Business management review
•Write and prepare Suspicious Activity Re?ports (SARs) and recommend relationship reten?tion or termination