AML OPERATIONS ANALYST SKILLS, EXPERIENCE, AND JOB REQUIREMENTS
Updated: July 28, 2024 - An Anti Money Laundering Operations Analyst adeptly manages multiple assignments with strong organizational skills in a fast-paced environment. Proficient in Excel, Word, and PowerPoint, they ensure compliance with anti-money laundering policies and conduct thorough risk assessments. Their ability to interface with internal management and develop client contacts showcases their proactive approach to mitigating financial risks.
Summary of Anti Money Laundering Operations Analyst Knowledge and Qualifications on Resume
1. BA in Business Administration with 3 years of Experience
- Comprehensive knowledge of the FFIEC manual, BSA/AML and OFAC laws and regulations (including Bank Secrecy Act, USA PATRIOT Act, US Treasury AML guidelines and OFAC requirements).
- Knowledge of AML software and case management systems.
- Ability to multi-task and prioritize work and projects
- Ability to communicate effectively, both verbally and in writing, including ability to present to senior and executive management.
- Ability to work effectively independently, without supervision.
- Ability to demonstrate attention to detail.
- Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint and Outlook.
- Knowledge of BSA/AML processes, investigative techniques and advanced research techniques using the Internet, public websites and third-party repositories.
- Basic knowledge of bank treasury products and legal entity structures
- An appetite and aptitude for reading and understanding governmental or legal compliance documentation knowledge of Bank of America systems
2. BA in Finance with 4 years of Experience
- Strong organizational and prioritization abilities.
- Ability to work in a fast-paced environment.
- Ability to interface with various levels of internal management as well as develop client contacts.
- Understanding of risk and sense of urgency
- Working knowledge of Excel, Word, PowerPoint.
- Experience in Risk Assessment and/or Anti-money Laundering policies
- Basic workflow documentation and software skills
- Experience with handling special projects
- Experience with MS Office Suite - especially MS Word and EXCEL
- Ability to organize work, prioritize tasks and handle multiple assignments simultaneously
3. BA in Economics with 5 years of Experience
- Proactively identifies and resolves execution risks, issues and trends to uphold quality standards and drive operational consistency
- Understands impacts of new system implementation on workflow as well as the controls and risks points. Is a proficient Microsoft Office user (i.e. Excel, Power Point)
- Excellent time management skills
- Ability to conduct client-impacting work and respond to urgent requests, queries and escalations in a timely manner
- Good analytical and problem solving skills
- Ability to analyze reports, develop test strategies, document test scenarios, and support the development of metrics and KPIs
- Ability to effectively execute responsibilities with a dual emphasis on AML risk mitigation and client focus
- Proven experience with similar leadership responsibilities in a fast-paced, cross-cultural/functional team operations environment with heavy work loads
- An appetite and aptitude for reading and understanding governmental or legal compliance documentation
- General knowledge of Bank of America systems preferred (i.e. Interact, Navigator, BOSS/FAST, CIBR, etc.)
- Basic knowledge of bank treasury products and legal entity structures