Junior Data Analyst

About AML RightSource

We are AML RightSource, the leading technology-enabled managed services firm focused on fighting financial crime for our clients and the world. Headquartered in Cleveland, Ohio, and operating across the globe, we are a trusted partner to our financial institution, FinTech, money service business, and corporate clients.

Using a blend of highly trained anti-financial crime professionals, cutting-edge technology tools, and industry-leading consultants, we help clients with their AML/BSA, transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs.

We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Globally, our staff of more than 4,000 highly trained analysts and subject matter experts is the industry's largest group of full-time compliance professionals. Together with our clients, we are Reimagining Compliance.

About the Position:

A Junior Analyst works with our clients (banks and non-bank institutions) to provide back-office support in the review and analysis to fight financial crime and mitigate financial crime risks. The purpose of this role is to detect and investigate unusual financial activity by performing detailed monitoring of moderate to complex account activity and ensure compliance with regulatory policies, and operational policies, and/or review client files for the purpose of performing Know your Customer (KYC) Procedures.

As Junior Analyst, you will research and analyze various sources of data and provide written summaries of recommendations and conclusions as it relates to the identification of suspicious or unusual financial activity and/or reviewing client files for the purpose of performing Know Your Customer (KYC) Procedures.

You will need to exercise discretion and judgment in the work and must be able to work efficiently and independently in a fast-paced, dynamic environment.

Primary Responsibilities

· Evaluate and monitor transactional activity to assess potential suspicious activity.

· Verify the identity of clients to understand the nature and purpose of their relationship with the financial institution to perform Know your Customer (KYC) Procedures.

· Interpret and implement client-operating policies regarding financial data.

· Identify data anomalies and red flags for money laundering, terrorist financing, fraud, and sanctions violations, and escalate for second-level review.

· Adhere to all designated timeframes and procedures to ensure on-time and accurate completion of work.

· Submit written work product for review by AMLRS quality control teams, make the requested adjustments as necessary, and apply the feedback going forward.

· Meet production and quality standards for completing assignments.

· Work and contribute in a team-oriented and collaborative environment.

Required Qualifications

· Bachelor’s Degree

· Strong oral communication skills and ability to produce narrative and written summaries clearly synthesizing recommendations and conclusions.

· Strong analytical, problem-solving, and organizational skills.

· Proficient in Microsoft Excel & Microsoft Word, with the ability to learn new technologies quickly.

· Ability to multi-task, and work independently and as part of a team, establishing cooperative and collaborative working relationships.