Job Details

AML Team Lead

LONG ISLAND CITY-11106, NY, US
11/29/2018

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Required Skills

    CAMS
Company

Infinity Consulting Solutions, Inc

Experience

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Job Description

AML Team Lead

Role:

The New York-based AML Lead is responsible for reviewing the Alerts/Cases that were reviewed by Investigators/Analyst, Controlling the case caseload of Investigator, deciding the escalate the case to SAR, and ensuring the goal of the AML team is achieved

Responsibilities:

Knowledgeable with a variety of Commercial, Correspondent, Retail and Consumer bank products

Efficiently Manage a caseload of investigations.

Recognize red flags for retail and commercial products.

Review Alerts/ Cases that were reviewed by Investigators

Review the written analysis of AML investigators on the account activity to support the
disposition to close a case or escalate for further action.

Utilize checklist to review the investigation findings and case files (e.g. media search results, copies of statements/checks, loan agreements, results from internal system searches etc.)

Determine and ascertain the adequacy of the AML Investigator's investigation process and documentation for both the Alerts to be closed or escalated.

Conduct additional research/review of transactional history as necessary in determining the correct disposition for the Alerts and/or request additional information from the TM
Investigator if gaps exist in the documentation or research submitted with their recommended disposition.

Provide the final disposition of the Alerts and close or escalate to a SAR case

Provide support in the development, design and implementation of changes to the monitoring rules.

Monitor and escalate anomalies and areas of notable deficiencies in the transaction monitoring space to the Transaction Monitoring Team Lead.

Assist BSA/AML Compliance Officer and TM Team Lead to ensure that the BSA/AML procedures, manuals, trainings and programs are kept current and relevant for Transaction Monitoring.

Qualifications:

Bachelor's degree (Master's Degree preferred)

CAMS certification preferred.

Experienced of work experience within a financial institution, regulatory organization,
or legal/consulting firm, or a combination of with at least 3-5 years' experience working in an AML and/or Sanctions compliance function

Thorough knowledge of and experience with AML regulations and requirements, including the
Bank Secrecy Act, The USA PATRIOT Act, FFIEC BSA/AML Exam Manual guidelines,
OFAC/Economic Sanctions and Suspicious Activity Reporting.



BSA/AML Manager
Compliance & regulatory

No Preference
FullTime Job
Other
1

Candidate Requirements
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Walkin Information
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Recruiter Details
Doug Klares
1350 Broadway, Suite 2205, NEW YORK-10018, NY, US
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