AML Sanctions L1 Analyst

Job description

As an Analyst / Reviewer you will be responsible for Reviewing the alerts triggered related to Sanctions. You will work closely with a team of experienced professionals to Leads / Delivery Managers.

Basic understanding of AML regulations

• Familiarity with Bank Secrecy Act (BSA), OFAC sanctions, and other relevant anti-money laundering laws.

Analytical skills

• Ability to identify patterns, analyze complex data, and draw logical conclusions from available information.

Attention to detail

• High level of accuracy when reviewing transactions and documenting findings and recommend action with detailed rationale.

Investigative skills

• Capability to gather and assess information from various sources to support decision-making

Basic knowledge of financial products and services

• Understanding different types of transactions, customer profiles, and potential red flags associated with various financial activities.

Basic investigation

• Conducting initial research using internal systems and external data sources to gather information about the transaction, parties involved, and potential risks.
• Review the alerted activity and 30 days of recent activity on the account including appropriate research to explain why the activity is performed

Alert disposition

• Deciding whether to – o close an alert as non-suspicious with no further action recommended o escalate it to a higher level for more robust & thorough investigations

Compliance adherence

• Ensuring all reviews are conducted in accordance with established AML policies, regulations, and internal procedures Skill Requirements:
• 1-5 years of experience in Sanctions Screening / Transaction Monitoring / Fraud Investigation.
• Knowledge of MS office especially Excel & Word.
• Experience in performing external research.
• Excellent communication skills and ability to work in a team environment.

TCS Employee Benefits Summary

• Discretionary Annual Incentive.

Comprehensive Medical Coverage

• Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.

Family Support

• Maternal & Parental Leaves.

Insurance Options

• Auto & Home Insurance, Identity Theft Protection.

Convenience & Professional Growth

• Commuter Benefits & Certification & Training Reimbursement.

Time Off

• Vacation, Time Off, Sick Leave & Holidays.

Legal & Financial Assistance

• Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Re financing.

Salary Range

$50,000 - $65,000 per year </div

Qualifications

Diploma