AML Business Analyst

AML Business Analyst Location: Mount Lauren, NJ Onsite Flexibility: Remote Contract Details Position Type: Contract Contract Duration: 5 months, with possible extension based on business needs and performance Pay Rate: $28.00 $40.00 / Hour (USD) Work Authorization: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Job Summary An Anti-Money Laundering (AML) Analyst investigates and monitors financial transactions to detect and prevent money laundering, terrorist financing, and other financial crimes.

They analyze data, conduct investigations, and ensure compliance with AML regulations and policies, ultimately helping to maintain the integrity of the financial system. This role specifically focuses on name screening with watchlists and PEP (Politically Exposed Person) alerts, escalating or disproving matches based on a scoring matrix. The position handles high volume with a minimum daily goal of 250 cases per shift, typically processing 300 400 cases, and serves as a backfill role within a newly established Center of Excellence (COE) team dedicated to first-level screening.

Key Responsibilities Review a wide range of financial transactions for suspicious activity Investigate potential cases of money laundering and other financial crimes Create and maintain case files to investigate suspicious activity Ensure compliance with AML regulations and policies Report findings to regulatory authorities when necessary Prepare and file Suspicious Activity Reports (SARs) Conduct customer due diligence (CDD) and Know Your Customer (KYC) checks Create and maintain records of investigation activities and findings; gather and analyze documents to assist in identifying suspicious transaction patterns Participate in and lead AML compliance training Stay informed about emerging threats and trends in financial crime Work with other teams, including law enforcement and compliance officers Review daily transaction reports for signs of unusual or out-of-the-ordinary customer activity Perform periodic reviews of high-risk customers Screen watchlists using name, location, and date of birth to identify potential matches Escalate matches to level-one investigators based on scoring matrix results Handle PEP alerts and potentially assist MSB (Money Services Business) or adverse media screening if needed Education Requirements High School Diploma or GED required Required Experience Minimum 1 year of experience within a Business Analyst role (internship or co-op considered as experience) Required Skills Basic computer skills Microsoft Windows and related applications Excellent written and verbal communication skills to communicate findings and recommendations Strong analytical and problem-solving skills crucial for identifying patterns and trends in financial transactions Careful attention to detail necessary for accurately analyzing data and identifying suspicious activities Adaptability and flexibility Preferred Skills MS Office knowledge AML knowledge Banking, Financial, or Customer Service experience Benefits Medical, Vision, and Dental Insurance Plans 401k Retirement Fund Important Notes Candidates must be within commutable distance to one of the following hub locations: Mount Laurel, NJ; Wilmington, DE; Jacksonville, FL; Ft. Lauderdale, FL; Lewiston, ME; Portland, ME; Charlotte, NC; Greenville, SC; Boston, MA; Washington/Vienna, VA; or New York, NY, in case of a future back-to-office mandate. Travel is not required.

One round of interviews conducted via video call. Conversion to full-time employment is not likely. Benefits Medical Insurance Vision Insurance Dental Insurance 401(k) Retirement Fund About the Client Top 10 bank in Canada and North America offering comprehensive financial solutions.

Providing retail, commercial, wealth management, and wholesale banking services, we help clients thrive in today's evolving market. About GTT GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.

Job Number 26-04549 #LI-GTT #LI-Remote