AML & Sanctions Analyst

Employer
FNZ
Location
Boston, USA
Salary
Competitive
Posted
25 Jan 2023
Closes
24 Feb 2023
Ref
18574793
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Who Are We FNZ is a global FinTech the market leading provider of technology and administration services to major financial institutions in the platform and wealth management sectors across the globe. We partner with life companies, banks, asset managers and discretionary wealth managers to enable them to develop and distribute financial products and services to their customers across all major distribution channels. FNZ & State Street Role Description FNZ Trust Company ("FTC") is seeking an Anti-Money Laundering ("AML") and Sanctions professional to join our Team. The incumbent will be responsible for the timely investigation and resolution of alerts generated by FTC's internal screening applications. This role will report to the BSA/AML Investigations Manager, primarily focusing on independent review and resolution of sanctions, adverse media, politically exposed person (PEP) and other screening alerts and notifications. Organizational Structure This role reports to the BSA/AML Investigations Manager Role Responsibilities
  • Review and resolve detailed sanctions, adverse media and PEP and other screening alerts and notifications; monitor queues to ensure alerts are handled in a timely manner.
  • Determine if screening alerts are true or false-positive matches; conduct additional investigation when necessary; clearly and thoroughly document all decisions and findings with supporting rationale.
  • Gather information from independent research, online tools or directly from the client relationship team in order to decipher true matches and false positives from the screening applications.
  • Coordinate with relationship teams to obtain additional information to fully disposition potential matches.
  • Use developed communication skills to engage in routine conversations with internal stakeholders in order to support an accurate data-gathering process and resolve any open screening issues.
  • Perform due diligence to ensure accuracy of information.
  • Uses case management tools to complete case life cycle, including updates to client risk profiles, as needed.
  • Escalate suspicious cases and/or patterns for guidance and direction.
  • Ensure compliance with FTC's policies, procedures and processes.
  • Support general screening activities and other duties, including special projects, as assigned.
  • Minimize and eliminate the casing of false positives alerts by sharing identified trends and/or patterns.
  • Miscellaneous responsibilities as required or assigned.
Competencies
  • Can execute risk management processes and procedures and demonstrate awareness of expected results.
  • Takes responsibility for achieving strong results, despite balancing multiple complex demands.
  • Can work collaboratively within and across functions and lines of defense to clearly communicate information to peers and stakeholders at multiple levels.
  • Can exercise critical, independent thinking.
  • Must be polished, professional, mature, well-mannered and well-spoken.
Qualifications
  • 1-3 years of relevant experience in the financial industry, with a focus on AML, Sanctions, Compliance or Legal
  • Bachelor's degree; or equivalent work experience.
  • Relevant AML and/or Sanctions Certification desired.
  • Strong understanding of AML regulatory requirements and obligations.
  • Understanding of transaction monitoring and customer screening tools and applications, as well as related workflow and case management.
  • Strong analytical, research and investigative skills.
  • Relevant experience with Suspicious Activity Reports (SARs) desired.
  • Self-starter with a proven ability to plan and work independently and excel in a fast-paced environment with large workloads and tight deadlines.
  • Proficiency using MS Office (Outlook, Word, Excel, PowerPoint) and other tools, systems and/or applications required to perform the duties of this position.
We are an Equal Employment Opportunity Employer that is committed to inclusion and diversity. We also take affirmative action to offer employment and advancement opportunities to all applicants, including minorities, women, protected Veterans, and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected Veteran status or any other protected characteristic.