BSA/AML Compliance Analyst (2-3 years of experience required) Job at RIT Solutions, Inc., Philadelphia, PA

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  • RIT Solutions, Inc.
  • Philadelphia, PA

Job Description

Job Responsibilities:
  • Analyze transactional data and review public searches results for the purpose of initiating, developing and bringing to successful conclusion transaction monitoring alerts.
  • Identify and use appropriate research and analytical skills to achieve maximum efficiencies and effectiveness, in the monitoring transaction process and alert dispositions.
  • Develop and participate in education, training and awareness activities as part of the transaction monitoring program.
  • Maintains a good working relationship with and knowledge of business units and organizational groups within the Bank.
  • Writes clear and concise comments to forcefully support the alert final dispositions.
  • Other duties as assigned or requested by Supervisor.
Duration:
  • 3-month contract with possibility of extensions and/or FTE conversion
  • **Candidates must be open/willing to convert to FTE
Location:
  • Position will start off 5 days a week onsite at the Miami Santander Office (2-3 weeks)
  • After the 2-3-week timeframe, candidates can then start working off a hybrid schedule
  • Hybrid schedule: 2 days at home, 3 days onsite a week
Specialized and/or Technical Knowledge:
  • Knowledge of the Private Banking Industry and regulations.
  • Ability to analyze risk data and provide recommendations and/or resolutions to mitigate risk scenarios.
  • Ability to summarize, document, and communicate information in a clear and concise manner.
  • Ability to work independently as well as collaboratively within a team environment.
  • Ability to function in deadline intensive environment, managing multiple responsibilities while effectively focusing on priority issues.
  • Knowledge of BSA/AML/OFAC/Terrorist Financing related regulations.
  • Knowledge of Microsoft Excel, Word and PowerPoint.
  • Excellent communications skills: writing & verbal.
  • Knowledge of AML/OFAC related software.
  • Preferred knowledge of ASSIST (monitoring transactions system)
Must-Have Requirements:
  • 2-3 years of experience
  • **Bilingual in English/Spanish
  • **Previous experience in AML Transaction Monitoring in a Private Banking environment
  • **Knowledge of US PATRIOT Act, BSA/AML requirements and regulations (AML, KYC, OFAC, FinCEN)
  • **Ability to work in a high-pressure environment with strict deadlines
  • Strong research and analytical skills
  • Ability to effectively manage multiple priorities and learn new tools quickly
  • Ability to make independent decisions as well as collaborate effectively with a team
  • Strong interpersonal skills: effective communication both written and verbal
  • Energetic/self-starter with the ability to take direction and act quickly
Plusses:
  • Experience with or a keen interest in emerging technologies including cryptocurrencies and the Blockchain
  • **ACAMS or FIBA certification
Physical Requirements:
  • Duties are performed in an office environment. Physical demands could involve any or all of the following: digital dexterity and hand/eye coordination in the operation of office equipment; light to moderate lifting (10-20 lbs.) and carrying of supplies, files, etc.; the ability to speak to and hear customers and/or other employees both telephone calling and in person; and body motor skills sufficient to enable the incumbent to move from one office location to another.
Interview Process:
  • 1-2 rounds to hire
RIT Solutions, Inc.

Job Tags

Contract work, 3 days per week,

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