AML-SAR Writer

AML-SAR Writer

New Castle, Delaware

Hybrid

Contract

$31/hr – $33/hr

Grow your career as an AML-SAR Writer with an innovative global bank in New Castle, DE. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the worlds most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will review system-generated and manual cases for activity conducted by company clients. Will be responsible for managing a caseload of investigations, perform analysis and follow-up and work cases from beginning to completion according to company AML procedures and policies. Cases are generated from sources which include Automated Alerts (EAP, Mantas), and Manual referrals. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 6 Months

Required Skills & Experience

Bachelors degree.

1 to 5 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations.

SAR writing experience.

Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US Treasury AML guidelines, OFAC, SEC, FINRA, FRB, FinCEN requirements, and SAR requirements.

General understanding of Senior Public Figures, Money Service Businesses, Wealth Management and Retail Banking preferred as well as compliance with those business segments.

Excellent project management skills.

Excellent research skills including experience with online search tools.

Advanced proficiency in Microsoft Office (i.e., MS-Word, MS-Excel, MS-Access, MS-PowerPoint and MS-Outlook).

Strong writing, analytical and communications skills. Must be able to multitask and complete projects on time.

Desired Skills & Experience

CAMS Certification.

Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.

What You Will Be Doing

Document and report case review/investigation findings and prepare case files for review (e.g. media search results, copies of statements/checks, results from internal system searches etc.).

Conduct research over available bank systems, the internet and databases consistent with the resolution of investigations.

Collect and examine financial statements/transaction data and other documents to assist in identifying unusual transaction patterns.

Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.

Document all research and analysis conducted in the Case Management System.

Create Suspicious Activity Reports (SARs); and recommend relationship retention or termination; and track account closures as required.

Liaise with other units where applicable.

You will receive the following benefits:

Medical Insurance – Four medical plans to choose from for you and your family

Dental & Orthodontia Benefits

Vision Benefits

Health Savings Account (HSA)

Health and Dependent Care Flexible Spending Accounts

Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance

Hospital Indemnity Insurance

401(k) including match with pre and post-tax options

Paid Sick Time Leave

Legal and Identity Protection Plans

Pre-tax Commuter Benefit

529 College Saver Plan

Motion Recruitment Partners (MRP) is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.

Posted by: Melissa Klein

Specialization: Banking / Mortgage Professional