AML/BSA Specialist in Minneapolis, MN at Signature Consultants

Date Posted: 1/4/2021

Job Snapshot

Job Description

AML/BSA Specialist Summary:

Signature Consultants is seeking an AML/BSA Specialist for an opportunity with a client in Minneapolis, MN.

Responsibilities:

  • Responsible for fulfilling the Anti-Money-Laundering through identification and investigation of suspicious activity
  • Analyze customer account transactions to detect suspicious activity and make decisions on appropriate action to take
  • Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group
  • Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity
  • Based on the outcome of the investigation, analyze and determine whether or not a Suspicious Activity Report (SARs) must be filed with the Federal Government for any identified suspicious activity. Work cooperatively with internal departments, financial institutions, and local, state or federal authorities to obtain and analyze necessary info

Requirements:

  • Bachelor's Degree
  • Basic understanding of Bank Secrecy Act (BSA)/AML laws and regulations
  • Proficient computer skills, especially Microsoft Office applications (Excel, Word)
  • the ability to work independently and confidently with WFH is also important
  • Excellent communication skills - both verbal and written
  • Displays positive attitude and high aptitude for learning and growth
  • Extracurricular activities during college
  • Knowledge of Anti Money Laundering, Bank Secrecy Act, US Patriot Act is a plus
  • Research
  • The ability to analyze and write based upon the analysis conducted is critical
  • Time management

About Signature Consultants, LLC

Headquartered in Fort Lauderdale, Florida, Signature Consultants was established in 1997 with a singular focus: to provide clients and consultants with superior staffing solutions. For the ninth consecutive year, Signature was voted as one of the "Best Staffing Firms to Work For" and is now the 14th largest IT staffing firm in the United States (source: Staffing Industry Analysts). With 28 locations throughout North America, Signature annually deploys thousands of consultants to support, run, and manage their clients' technology needs. Signature offers IT staffing, consulting, managed solutions, and direct placement services. For more information on the company, please visit www.sigconsult.com. Signature Consultants is the parent company to Hunter Hollis and Madison Gunn.

Job Requirements

Shift Schedule: Monday-Friday, 8:00 AM CT – 5:00 PM CT OT may be required depending upon work volume, peaks and goals. Depends on business needs, is an expectation when required, not mandatory at all times. Responsible for fulfilling the Anti-Money-Laundering/Bank Secrecy Act requirements through identification and investigation of suspicious activity. Analyze customer account transactions to detect suspicious activity and make decisions on appropriate action to take. Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group. Provide guidance, support, and recommendations to business lines regarding customer AML risk ratings and account activity. Based on the outcome of the investigation, analyze and determine whether or not a Suspicious Activity Report (SARs) must be filed with the Federal Government for any identified suspicious activity. Work cooperatively with internal departments, financial institutions, and local, state or federal authorities to obtain and analyze necessary info Skills/Experience: Responsible for the reviewing of currency transactions and suspicious activity in accordance to the Bank Secrecy Act. Under general supervision and guidance, responsibilities are varied and moderate to complex. Follows defined procedures, policies and precedents Refers unusual situations that require exceptions to Manager or Supervisor. Supervisor schedules work however incumbent prioritizes assigned tasks. May serve as a resource for less experienced staff and assist in their training. Knowledge of bank’s operational policies, procedures, products and services. Strong ability to identify and interpret data and resolve exceptions. Good interpersonal, verbal and written communication skills. Good knowledge of PC based software, i.e., Word, Excel, etc. and applicable business line systems. Requires a high school diploma or equivalent Strong analytical skills and one to three or more years of related work experience. Required Qualifications: Bachelor’s Degree Ideally those with degrees in Business, Finance, Economics, Banking, Journalism, Criminal Justice, JD, or Law Enforcement and some job related experience in those fields or banking Basic understanding of Bank Secrecy Act (BSA)/AML laws and regulations Proficient computer skills, especially Microsoft Office applications (Excel, Word) the ability to work independently and confidently with WFH is also important Excellent communication skills – both verbal and written Displays positive attitude and high aptitude for learning and growth Extracurricular activities during college Knowledge of Anti Money Laundering, Bank Secrecy Act, US Patriot Act is a plus Research The ability to analyze and write based upon the analysis conducted is critical Time management Any practical experience then have in applying those skills is a plus on the resume’ as well.