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Open Systems Technologies

SAR Writer/AML Analyst

Open Systems Technologies, Los Angeles, California, United States,


A financial firm is looking for a

SAR Writer/AML Analyst

to join their team in New Castle, DE.Pay: $30-35/hrThe AML Analysts within the FIU review system-generated and manual cases for activity conducted by Client clients. The Senior Compliance Analyst is responsible for managing a caseload of investigations, performing analysis and follow-up, and working cases from beginning to completion according to Client AML procedures and policies. Cases are generated from sources which include Automated Alerts (EAP, Mantas), and Manual referrals.Responsibilities include:

Document and report case review/investigation findings and prepare case files for review (e.g. media search results, copies of statements/checks, results from internal system searches, etc.)Conduct research over available Bank systems, the Internet, and Databases consistent with the resolution of investigations.Collect and examine financial statements/transaction data and other documents to assist in identifying unusual transaction patterns.Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.Document all research and analysis conducted in the Case Management System.Create Suspicious Activity Reports (SARs); recommend relationship retention or termination; and track account closures as required.Liaise with other FIU units, ACRM, the Business, CSIS, FIU Legal, GIU, Trade Surveillance, and Law Enforcement, where applicable.Qualifications

Bachelor's Degree Required or equivalent experience.1-5 years' experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations.Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements preferred.CAMS Certification is a plus.Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US Treasury AML guidelines, OFAC, SEC, Client, FRB, FinCEN requirements, and SAR requirements.General understanding of Senior Public Figures, Money Service Businesses, Wealth Management, and Retail Banking preferred, as well as compliance with those business segments.Excellent organizational, time management, and project management skills.Excellent research skills including experience with online search tools.Advanced proficiency in Microsoft Office (i.e., MS-Word, MS-Excel, MS-Access, MS-PowerPoint, and MS-Outlook).Strong writing, analytical, and communication skills. Must be able to multitask and complete projects on time.Strong attention to detail and follow-up skills.Should be a self-starter, organized, and must have the ability to work independently, without supervision.Job Code: 24-03103

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