AML Transaction Monitoring Analyst

Job Description

We are

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

Our Challenge

The candidate will be responsible for reviewing alerts of potentially suspicious activity generated via the Bank’s automated transaction monitoring system; closes or escalates them to a case; and investigates cases to determine whether further escalation is warranted.

Responsibilities

• Act as the first level reviewer in making initial alert decisions as well as determining the specific information needed to manage the investigation.
• Manage a queue of alerts and cases ensuring timely follow up of requests and adherence to escalation procedures.
• Assist the TMG with analysis to optimize processes for improving monitoring.
• Assist other members of AML Compliance with ad hoc analysis and investigation requests.
• Conduct targeted account reviews on high risk correspondent banking clients and analyze from a holistic view of customers in terms of products, services, and underlying transactions as well as escalate potential issues.
• Prepare case summary narratives prior to escalating to the US TMG team.
• Review and analyze AML current trends and news in order to identify high risk areas, counterparties or keywords to incorporate into monitoring filters, rules, or profiles.

Skills

• Know and understand the laws applicable to money laundering, including the BSA, the USA PATRIOT Act, US Treasury AML guidelines, SARs, and other requirements Strong attention to detail
• Possess strong analytical, organizational, and communication skills and be able to multi-task, adhering to specific quality and productivity guidelines
• Strong research skills, advanced skills in the use of Microsoft Word, Excel, PowerPoint and experience with online research systems including web-based tools
• Knowledge of multi-cultural situations and languages with the ability to apply them efficiently to the AML surveillance field
• Prior AML Surveillance and/or Investigation experience preferred.

We offer

• A multinational organization with 58 offices in 21 countries and the possibility to work abroad
• 15 days (3 weeks) of paid annual leave plus an additional 10 days of personal leave (floating days and sick days)
• A comprehensive insurance plan including: medical, dental, vision, life insurance, and long term disability
• Flexible hybrid policy to fit your schedule
• RRSP with employer’s contribution up to 4%
• A higher education certification policy
• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses
• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups
• Cutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firms
• A truly diverse, fun-loving and global work culture

SYNECHRON’S DIVERSITY & INCLUSION STATEMENT

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Synclusive’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more. All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.