Focuses on AML system and data analysis, developing and implementing AML policies
Assists in conducting institutional risk assessments
Assist in the filing of Suspicious Transaction Reports (STRs) and Covered Transaction Reports (CTRs)

AML System and Data Analysis
1. Monitor and analyze AML system alerts to identify potential suspicious activities.
2. Utilize data analysis tools to enhance the detection and reporting of suspicious transactions.
3. Ensure the effectiveness and accuracy of AML systems and recommend improvements as needed.

AML Policies and Procedures
1. Assist in the development, implementation, and maintenance of AML policies and procedures.
2. Ensure that AML policies and procedures are aligned with regulatory requirements and industry best practices.

Institutional Risk Assessment
1. Assist in the process of comprehensive AML risk assessments to identify and evaluate potential risks within the institution.
2. Recommend strategies to mitigate identified risks and enhance the institution’s AML controls.
3. Maintain and update the institutional risk assessment framework as necessary.

STR and CTR Review and Submission
1. Assist in the review of Suspicious Transaction Reports (STRs) and Covered Transaction Reports (CTRs) for accuracy and completeness.
2. Maintain records of all submitted reports and provide necessary documentation during audits or examinations.

Strong knowledge of AML laws, regulations, and regulatory requirements.
Proficiency in AML monitoring and data analysis tools.
Excellent analytical, problem solving, and decision-making skills.
Effective communication and interpersonal skills.
Ability to work independently and manage multiple tasks and deadlines in a fast-paced environment.
Detail oriented with a strong commitment to accuracy and compliance.

Bachelor’s degree in Finance, Business, Law, or a related field. Advanced degree or professional certification (e.g., CAMS, CFE) is preferred.

With at least 6 months to 1-year work experience in the related field

Responsible for supporting the AML Compliance Officer/s in the management and oversight of the Institution's anti-money laundering (AML) program