AML Analyst

AML Analyst

Location: Mount Laurel, NJ

Onsite Flexibility: Hybrid

Contract Details

• Position Type: Contract
• Contract Duration: 4 months (with potential for extension based on business needs and performance)
• Pay Rate: $28.00-$35.00 / Hour (USD)
• Shift / Schedule: Monday-Friday, core business hours - 40 hours per week, 8 hours per day; overtime available
• Travel Requirements: Not required
• Work Authorization: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Job Summary

An Anti-Money Laundering (AML) Analyst investigates and monitors financial transactions to detect and prevent money laundering, terrorist financing, and other financial crimes. They analyze data, conduct investigations, and ensure compliance with AML regulations and policies, ultimately helping to maintain the integrity of the financial system.

Key Responsibilities

• Transaction Monitoring: Reviewing a wide range of financial transactions for suspicious activity.
• Investigation: Investigating potential cases of money laundering and other financial crimes. Creating and maintaining case files to investigate suspicious activity.
• Compliance: Ensuring compliance with AML regulations and policies.
• Reporting: Reporting findings to regulatory authorities when necessary. Preparing and filing Suspicious Activity Reports (SARs).
• Due Diligence: Conducting customer due diligence (CDD) and Know Your Customer (KYC) checks.
• Documentation: Creating and maintaining records of investigation activities and findings; gathering and analyzing documents to assist in identifying suspicious transaction patterns.
• Training: Participating in and leading AML compliance training.
• Staying Updated: Staying informed about emerging threats and trends in financial crime.
• Collaboration: Working with other teams, including law enforcement and compliance officers.
• Reviewing daily transaction reports for signs of unusual or out-of-the-ordinary customer activity.
• Performing periodic reviews of high-risk customers.

Required Skills

• 0-2 years of experience within a Business Analyst role (internship or co-op considered as experience)
• Basic computer skills - Microsoft Windows, etc.
• Excellent written and verbal communication skills needed to communicate findings and recommendations
• Strong analytical and problem-solving skills crucial for identifying patterns and trends in financial transactions
• Careful attention to detail necessary for accurately analyzing data and identifying suspicious activities
• Adaptability and flexibility

Preferred Skills

• MS Office knowledge
• AML knowledge
• Banking, financial, or customer service experience

Education Requirements

• High School Diploma or GED required
• Post-secondary education is an asset
• AML certifications are an asset

Required Experience

• 0-2 years of experience within a Business Analyst role; co-op or internship experience is welcomed

Work Environment / Physical Requirements

• Position is 100% remote with the possibility of moving to in-office; candidates must be within commutable distance to a TD office location (New York/NJ, South Carolina, Boston, or other hub locations)
• Team size of 8 people in a very collaborative culture
• Contractor will have access to customer data
• Performance is measured based on SLAs and KPIs - daily goal number for cases and quality control (accuracy, volume completed, etc.)
• Must be comfortable with high volumes - multiple events per case (e.g., 425 events or 100 cases)
• Must be adaptable to change
• Average of 30 minutes per day in meetings; primarily internal interactions

Benefits

• Medical, Vision, and Dental Insurance Plans
• 401k Retirement Fund

About the Client

This client is a top 10 North American bank providing comprehensive retail, commercial, and wealth management solutions, with operations spanning major markets across the United States and Canada. The organization employs thousands of professionals across roles in financial crimes compliance, anti-money laundering, business analysis, commercial banking, and wealth advisory services.

About GTT

GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.

Job Number: 26-09402 Industry: Data & Analytics

#LI-Hybrid #gttic