AML Specialist - Advanced

Job Title : AML Specialist
Location : Minneapolis MN (2-3 days in office.)

Securities Industry experience is MUST

Certification with AML is great good to have - controls, regulations and AML Risks

• Team has 10 analysts reporting unusual / suspicious activities.
• Team review alerts against transactions that are flagged.
• Role is enhancing the capabilities within cash management system
• Experienced contractor in AML Investigations - exp in money orders, cheques etc
• Understands AML Risks
• Dealing with cash products and services - investigating these products
• Candidate will do analysis
• Well organized with data
• Be able to work with large data sets
• Excel heavy skills
• Lot of multi-tasking
• Back office processing.
• Bachelors Must
• 5+ years of financial or banking services with specific experience in the surveillance of AML

Must Have :

• Extensive knowledge of cash management or banking surveillance and investigative methodology.
• Familiarity with methodology for AML monitoring of peer-to-peer transactions.
• Knowledge of regulatory/compliance risk management and AML related requirements including BSA, USA PATRIOT Act, OFAC, and other applicable U.S. regulations.
• Possess an understanding of AML related regulations, as well as patterns of behavior that represent suspicious activity.
• Excellent communication and interpersonal skills.
• Advanced computer skills - previous experience with databases and querying capabilities a plus.
• Ability to execute consistently, and function independently as well as on a team.
• Ability to prioritize and manage multiple tasks while ensuring that assigned job responsibilities and department goals are met.
• Maintain accurate and complete records of actions taken with respect to job responsibilities.
• Ability to understand and efficiently analyze information from multiple sources.
• Ability to identify and escalate sensitive issues with discretion.
• Demonstrate reliability, confidence, self-direction, flexibility, and strong attention to detail.

Responsibilities :

• Wealth Management is expanding cash management services requiring additional resources supporting the firm's AML Program.
• This position supports the AML Compliance function by providing expertise in surveillance and investigations of money movement in cash management accounts.
• Assist in the development of unusual activity monitoring rules for cash management products
• Demonstrate expert industry, product, and process knowledge within area/department and to other areas within the firm.
• Review and analyze brokerage accounts use of cash management features including debit cards, checks, and ACH transactions.
• Provide process/data analysis, and complex problem solving.
• Conduct investigations and handle sensitive and escalated matters with discretion.

Nice to Have

• Series 7 & 63 or 66 licenses
• CAMS designation
• Employee oversight or supervisory experience