AML Alerts Analyst Job at Michael Page, New York, NY

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  • Michael Page
  • New York, NY

Job Description

This role involves ensuring compliance with all relevant laws and regulations, investigating alerts from transaction monitoring systems, and conducting research to assess potential suspicious activities. Additional responsibilities include compiling documentation, performing PEP and negative news searches, writing investigation narratives, and supporting the AML team with data analysis, reporting, and system testing.

Client Details

The organization in question is a major financial institution headquartered in China and recognized as one of the largest banks in the world by total assets. It offers a wide range of services including corporate and personal banking, investment banking, and asset management. With an extensive domestic and international presence, it serves millions of customers and plays a key role in global financial markets, especially in supporting China's economic and infrastructure development. Its operations are state-owned, and it has consistently ranked highly on global banking and Fortune 500 lists.

Description

  • Ensure compliance with all policies, procedures, laws, regulations, and ethical standards to maintain a compliant work environment.
  • Investigate alerts generated by automated transaction monitoring systems and internal referrals, conducting online research on the focal entity and counter parties.
  • Compile supporting documentation, such as transaction records and internet research, for alert investigations and analyze findings to assess potential suspicious activities.
  • Conduct PEP and negative news searches, write detailed review narratives based on investigation results, and input accurate data into tracking logs.
  • Support the AML team with additional tasks, including statistical data collection, analysis for AML reports, and conducting system testing for upgrades or new implementations.

Profile

  • A Bachelor's degree or higher is required.

  • CAMS certification is preferred, but not mandatory.

  • Fluency in Mandarin is a plus but not required

  • Over 3 years of experience in financial services, specifically in foreign correspondent banking transaction monitoring.

  • Strong knowledge of BSA/AML regulations and previous experience using the Actimize system.

Job Offer

The client is looking to fill this position urgently and is offering a competitive hourly rate, along with the opportunity to work for one of the BIG 4 Chinese corporations in NYC.

If you are qualified and interested, please apply through the link provided!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Job Tags

Hourly pay, Full time, Local area,

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