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AML Financial Intelligence Unit - Analyst-2

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  • Banking & Finance
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Job Details

The AML Financial Intelligence Unit (FIU) analyst is responsible for monitoring of customer level activity on the MasterCard network, to identify potential weaknesses in a customer s Anti-Money Laundering program that may allow for undetected laundering and/or terrorist financing to occur. \nAs part of the team the successful candidate will conduct targeted reviews (e.g. monitoring, testing, quality assurance, KYC or other line of business review activities) across the enterprise, as required in support of the global anti-money laundering and sanctions program. \nWorking under general supervision this candidate will need to demonstrate proven analytical reasoning skills with the ability to draw conclusions that exercise good judgment to perform and resolve moderately complex research, root cause analysis, assessment of risk factors or other assigned compliance activities.\nJob Overview \nPerform AML suspicious activity monitoring analysis on transactions based on a set of AML and terrorist financing typologies and rules that generate reporting of card activity that meets or exceeds defined thresholds Analyze patterns of behavior by card and/or merchant to detect suspicious activity\n Utilize MasterCard tools for enhanced data analysis\n Disposition of alerts to include referral to cross functional teams as needed\n Escalate analysis concerns to the Global Compliance team for guidance\n\nMaintain current tracking of all alerts generated and analysis documentation within a case management system or tracker\nPerforming data quality reviews of customer applications for Know Your Customer, AML program, and adequacy of Sanctions compliance program, including ensuring all appropriate information is identified to meet all program, regulatory, legal, and process requirements\nAnalyze customer relationships, documentation, activity patterns, and transactions to detect potential red flags and/or suspicious activity\nProcessing KYC/sanctions reviews to meet relevant Service Level Agreement including follow-up analysis and reconciliation\nReview and analysis of due diligence reports for higher risk client types to determine appropriate risk rating\nPerform periodic customer due diligence (CDD) reviews to reevaluate the risk and determine if activity or customer behavior is aligned with expectations.\nDocumenting the review and investigation processes followed for each customer and/or alert reviewed and preparing various documents, reports and system entries as necessary for certification, reporting and statistical purposes\nEnsure proper recordkeeping is maintained for all processes\nAdhere to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies.\n\nSkills & Qualifications\n\nBachelor s degree required/ or the equivalent experience in operations, risk management, law enforcement, and/or compliance experience\nPractical problem solver with demonstrated ability to partner effectively with others in handling issues\nInnovator with the ability to execute creative ideas\nAbility to work independently in a fast-paced matrix environment\nProven ability to analyze problems and offer sound solutions\nHighly organized with superior attention to detail \nQuality driven individual\nKnowledge of banking/financial operations, transaction processing and/or payments-related industry experience is preferred\nStrong understanding of AML, BSA, USA PATRIOT Act and OFAC controls and requirements\nAbility to make decisions and meet deadlines. \nExcellent written, oral, and presentation skills \nWell skilled in Microsoft Excel\nACAMS Certification preferred
Additional Degree: B.Com. (Commerce)

Experience: 2-6


Project/Structured Finance | Relationship Mgmt | Trading
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