11 hours ago
AML Analyst - Risk Management
Jobs via Dice
Hybrid
Full Time
$85,000
Hybrid
Job Overview
Job TitleAML Analyst - Risk Management
Job TypeFull Time
CategoryCommerce
Experience5 Years
DegreeMaster
Offered Salary$85,000
LocationHybrid
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Job Description
About the Role
Pioneer Corporate Services Inc is seeking a dedicated AML Analyst - Risk Management to join their team. This role focuses on reviewing and analyzing AML alerts, conducting detailed customer and transaction research, and ensuring compliance with financial regulations. You will play a crucial part in maintaining audit-ready records and supporting continuous enhancement of AML processes.
Key Responsibilities
- Alert Review & Analysis: Review AML alerts generated in FCRM, identifying potential red flags such as structuring, high-risk/high-volume transactions, unusual patterns, or significant changes in customer behavior. Analyze alerted activity along with 30 days of recent account activity to determine context, identify patterns, and assess legitimacy.
- Customer & Transaction Research: Conduct detailed customer profile checks by validating information against internal records to understand expected account behavior.
- Alert Disposition & Escalation: Determine the appropriate outcome for each alert: Close alerts deemed non-suspicious with thorough justification, or escalate suspicious activity for further investigation.
- Documentation & Reporting: Document findings, analysis, and decision rationale in the required FCRM format, ensuring accuracy, completeness, and adherence to regulatory expectations. Maintain audit-ready records that support the investigative process and decision outcomes.
- Compliance & Risk Management: Ensure all reviews and decisions comply with the Bank Secrecy Act (BSA), OFAC requirements, internal AML policies, and relevant regulatory guidelines. Support continuous enhancement of AML processes by identifying gaps or patterns in suspicious activity.
Required Qualifications & Experience
- Bachelor's degree in Finance, Business, Economics, Criminal Justice, Accounting, or a related field (or equivalent experience).
- 2-4+ years of experience in AML, fraud, compliance, banking operations, or financial services.
- Experience with case management or transaction monitoring systems (e.g., FCRM) is preferred but not required.
Preferred Qualifications
- CAMS, CFE, or other compliance-related certification (in progress or completed).
- Prior experience in AML alert review, KYC, fraud investigation, or risk management.
Key skills/competency
- AML
- Risk Management
- Compliance
- Financial Crime
- BSA
- OFAC
- Fraud Investigation
- Transaction Monitoring
- KYC
- FCRM
How to Get Hired at Jobs via Dice
- Research Pioneer Corporate Services Inc's culture: Study their mission, values, recent news, and employee testimonials on LinkedIn and Glassdoor.
- Tailor your resume: Customize your resume to highlight AML, risk management, and compliance experience, matching keywords from the AML Analyst - Risk Management job description.
- Showcase analytical skills: Prepare examples demonstrating your ability to analyze complex financial data and identify suspicious activity effectively.
- Master compliance knowledge: Review BSA, OFAC, and other relevant financial regulations; be ready to discuss their application in an AML role.
- Prepare for FCRM discussions: Even if not required, understand transaction monitoring systems like FCRM and be ready to discuss your experience or learning aptitude.
Frequently Asked Questions
Find answers to common questions about this job opportunity
01What core responsibilities does the AML Analyst - Risk Management role at Pioneer Corporate Services Inc involve?
02What specific software experience is preferred for this AML Analyst position?
03Does Pioneer Corporate Services Inc require specific certifications for the AML Analyst role?
04How important is prior experience in fraud investigation or KYC for the AML Analyst - Risk Management role?
05What academic backgrounds are suitable for an AML Analyst at Pioneer Corporate Services Inc?
06How does Pioneer Corporate Services Inc handle suspicious activity identified by an AML Analyst?
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