Compliance Analyst

Compliance Analyst

Vacancy expired!

Compliance Analyst
100% Remote
Duration: 6+-month contract

• Responsible for investigating complex suspicious activity cases, and / or conducts Customer Due Diligence ("CDD") and Enhanced Due Diligence ("EDD") reviews for the purposes of identifying clients that pose greater than normal anti money laundering risk to the Bank, as well as conducting periodic and ad-hoc EDD reviews for the Bank.
• Responsible for preparing and filing Suspicious Activity Reports ("SAR") on behalf of the Bank by providing sound judgment and strong adherence to the procedures associated with producing and filing SARs. Conducts timely investigations that adhere to all regulatory requirements and/or Bank policies and procedures, together with the completion of CDD/EDD and Quality Assurance ("QA") activities.

Essential Job Functions

• Investigates, analyzes and documents alerts and/or complex cases pertaining to cash structuring, transactions involving

• bank designated high risk countries (HRC), wire transfers, commercial loan payments, and reports from branches or
• business areas regarding guidelines and timeframes; and/or performs and documents customer due diligence (CDD)
• and enhanced due diligence (EDD) reviews. Focuses on customer behavior as it relates to anti money laundering
• (AML)-related suspicious activities and complex cases such as multiple relationship accounts, tiered and multi-faceted
• transactions, international wires involving bank designated high risk jurisdictions, and complex cash structuring schemes.
  • Reviews and prepares Suspicious Activity Reports (SARs) for submission to FinCEN and other appropriate law
• enforcement or regulatory agencies which may include 314b analysis and review as well as fulfillment of law enforcement
• requests.
  • Compiles data, and maintains records and files necessary to assure efficient and consistent reporting of investigations
• and CDD/EDD programs.
  • Recommends for final determination of retaining and/or closing customer relationships, and completes the closure
• process and closure verification follow up for approved closures.
• Other Job Duties
  • Ability to interpret technical procedures, government regulations, and complex and sophisticated business documents
• such as financial statements, invoices, trade finance documentation, and letters of credit.
  • Ability to identify (and make judgment of) areas of significant risk and/or systemic issues and make process improvement
• recommendations to senior management.
  • Ability to coach and provide guidance and support to peers.
  • Performs other duties as assigned.

For immediate consideration, please email your resume in Word format to Monier Esfahani monirm@ascentsg.com, along with the best time and number to reach you. Thanks, I look forward to hearing from you.

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