AML Associate

Company: K2 Integrity Holdings, Inc.
Location: Washington
Posted on: November 2, 2024

Job Description:

K2 Integrity is looking for an AML/Transaction Monitoring Associate to support engagements in our Financial Crimes Risk Management practice. In this role, the associate will carry out tasks on engagements related to transaction monitoring activities, which could include but are not limited to KYC requirements and reviewing potentially suspicious activity. This is a hybrid role.Responsibilities

• Work on engagements related to Office of Foreign Assets Control (OFAC), USA PATRIOT Act, Bank Secrecy Act (BSA), Know Your Client (KYC), and all other laws, regulations, and requirements designed to establish processes to detect and prevent money laundering, fraud, and terrorism.
• Analyze and disposition transaction monitoring alerts.
• Manage assigned tasks related to conducting case investigations and preparing case memoranda.
• Use strong investigative/analytical skills to formulate and clearly articulate a supportable rationale behind the decisioning of alerts within cases, as part of transaction monitoring.
• Meet clearly defined productivity and quality assurance standards.Requirements
• Four-year college degree or international equivalent.
• 2+ years of AML experience; transaction monitoring/look-back/KYC experience required.
• Correspondent banking experience highly preferred.
• Experience preparing Suspicious Activity Reports (SARs) highly preferred.
• Strong writing skills.
• Strong research skills.
• Ability to use Microsoft Office applications (pivot tables, charts, PowerPoint, etc.).
• Exhibited ability to maintain a climate of teamwork cooperation when working with others.Minimum Salary: $60,000 - Maximum Salary: $75,000
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Keywords: K2 Integrity Holdings, Inc., Montgomery Village , AML Associate, Other , Washington, Maryland