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AML Transaction Monitoring Team Lead - AVP
Banking/Financial company
Banking/Financial company
Jacksonville, FL
W-2 onlyPermanent Position934 views
Jacksonville, FL
Permanent Position
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Seeking a Team Lead for the Anti-Financial Crime (AFC) Transaction Monitoring Team.

Anti-money laundering (AML) investigators are responsible for conducting comprehensive investigations on global correspondent banking clients to detect activity indicative of money laundering or other financial crimes. Investigators utilize internal and external investigation technology and research techniques.

Key Responsibilities:

  • In addition to all policies and procedures and regulatory standards you will use independent and professional judgment when reviewing AML investigations; monitor case aging and escalate as necessary
  • Participate in departmental projects and initiatives and in below-the-line (BTL) and/or above-the-line (ATL) testing to ensure/improve model effectiveness
  • Keep abreast of new rules, regulations and reputational risks to further improve our investigation processes; understand business and regulatory requirements and ensure functions are being performed within those requirements
  • Maintain a thorough comprehension of internal AML typologies relating to correspondent banking, private banking and investment banking clients, prepare and write suspicious activity reports (SARs) as necessary
  • Manage complex investigations involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving Deutsche Bank designated high risk jurisdictions, and complex structuring schemes to identify potential money laundering or other financial crimes
  • Utilize internal and external sources, and partner with other stakeholders, as necessary, to research and investigate cases; work with the senior investigations manager to collate metrics and other data as requested and liaise with Technology to address any potential production issues and software updates, and participate in user acceptance testing (UAT)

Skills and Experience:

  • Minimum of a bachelor’s degree with relevant experience in a leadership/management capacity and experience as an AML investigator in a transaction monitoring and SAR writing capacity or equivalent experience or education
  • Ability to identify, escalate and communicate issues to management in an effective and succinct manner and effective decision-making skills and strong problem-solving skills
  • Strong knowledge of AML laws (USA PATRIOT Act), regulations (Fed, SEC, FINRA) and their application to the supported products/business lines and correspondent banking, private banking or investment banking experience
  • Working knowledge of MS Excel, including pivot tables, macros, filtering, and sorting; applied experience of effective internet search techniques and operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and FedFunds
  • Excellent writing, communication, analytical, judgment and research skills with strong attention to detail and the ability to multitask and an understanding of the legal and compliance issues of complex banking organizations

Skill Proficiency Years Experience Percent Used
Financial Crimes
Microsoft Excel