AML Manager – Transaction Monitoring Operations
Capital One
Investigator - Anti Money Laundering, AML Case Investigations
BMO U.S.
full-time
Posted on:
Location: Illinois • 🇺🇸 United States
Visit company websiteSalary
💰 $41,714 - $77,500 per year
Job Level
Mid-LevelSenior
About the role
- Conducts investigations to identify, assess, decision and report on activity that indicates an exposure to financial crimes.
- Ensures potential threats and investigations are evaluated, documented, managed and escalated by following standard operating procedures.
- Provides subject matter expertise and oversight of criminal risk by following a disciplined and intelligence-based approach to detection and research of activities and events in alignment with criminal risk frameworks and standards to ensure compliance as well as support trending, analysis and insights generation.
- Develops solutions and makes recommendations based on an understanding of business strategy and stakeholder needs.
- Provides advice and guidance to assigned business/group on implementation of solutions.
- Helps determine business priorities and best sequence for execution of business/group strategy.
- Conducts independent analysis and assessment to resolve strategic issues.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Builds effective relationships with internal/external stakeholders (e.g. law enforcement agencies and other Financial Institutions to collaborate in investigations).
- Ensures alignment between stakeholders.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
- Identifies business needs, provides content/develops tools and training programs; may include delivery of training to audiences.
- Analyzes and assesses incidents or cases that may be complex and require knowledge on several different product lines.
- Prepares reports, notifications and activity/case filings per guidelines and standards.
- Supports the planning and implementation of programs designed to minimize risk exposures and maximize the efficiency and effectiveness of the analytical processes.
- Provides input and develops recommendations for process and customer service improvements.
- Stays abreast of financial crimes risk trends, relevant regulations and compliance standards.
- Monitors and analyzes various information provided through detection systems, tools, reports, or manually to evaluate, investigate and determine required actions.
- Supports the collection of evidence and information to be used for multiple purposes including incident reports/filings, loss prevention, litigation and criminal prosecution, management information and statistics, and process improvements.
- Documents actions and information found throughout the investigation to develop and maintain account/case files.
- Develops and maintains an understanding of the financial crime management processes, frameworks and techniques.
- Gathers and formats data into regular and ad-hoc reports, and dashboards.
- Analyzes data and information to provide insights and recommendations.
- Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.
- Provides notification, information and instructions to internal/external stakeholders related to incidents as necessary.
- Focus may be on a business/group.
- Thinks creatively and proposes new solutions.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works mostly independently.
- Broader work or accountabilities may be assigned as needed.
Requirements
- Typically, between 3-5 years of relevant experience and a post-secondary degree in related field of study or an equivalent combination of education and experience.
- Knowledge of risk and regulatory requirements as they apply to financial crimes is an asset.
- Knowledge of banking products, services, processes, and organization is an asset.
- Specialized knowledge from education and/or business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem solving skills - In-depth.
- Influence skills - In-depth.
