Published on

May 14, 2024

Published on

May 14, 2024

Published on

May 14, 2024

Published on

May 14, 2024

Fraud & Anti-Money Laundering Specialist

Fraud & Anti-Money Laundering Specialist

Fraud & Anti-Money Laundering Specialist

Fraud & Anti-Money Laundering Specialist

Full-time

/

United States

/

Remote

Full-time

/

United States

/

Remote

Full-time

/

United States

/

Remote

Full-time

/

United States

/

Remote

About the job

Netchex is seeking a highly motivated and detail-oriented Fraud & AML Specialist to join our team and play a key role in safeguarding our organization from financial crime. Join our team and be part of our commitment to financial crime prevention!Duties/Responsibilities:
Transaction Monitoring and Investigations:Conduct daily transaction monitoring to identify suspicious activities indicative of fraud or money laundering/terrorist financing.Utilize transaction monitoring software to screen transactions against internal and government-issued sanctions lists.Investigate flagged transactions by gathering and analyzing relevant customer information and activity.Prepare comprehensive reports documenting investigation findings and rationale for decisions.SAR Filing:Draft and file Suspicious Activity Reports (SARs) to FinCEN in accordance with regulatory guidelines.Articulate red flags and suspicious activity patterns within the SAR narrative.Maintain a detailed record of all SAR filings and related documentation.Liaise with law enforcement when necessary to provide additional information on suspicious activities.Compliance and Controls:Maintain a thorough understanding of Anti-Money Laundering (AML), Know Your Customer (KYC), and Fraud prevention regulations.Stay up to date on emerging trends and typologies in fraud, money laundering, and terrorist financing.Contribute to the ongoing development and improvement of AML/Fraud policies and procedures.Collaborate with internal teams (compliance, operations) to ensure effective implementation of AML/Fraud controls.Additional tasks:Assist with customer onboarding and KYC processes to mitigate fraud risk.Escalate high-risk scenarios to the appropriate teams for further investigation.Provide training and guidance to internal staff on fraud and AML awareness.
QualificationsBachelor's degree in finance, compliance, or a related field (or equivalent experience).Minimum 2-3 years of experience in transaction monitoring, AML investigations, or a similar role.Strong analytical skills with the ability to identify patterns and anomalies in transaction data.Excellent communication and interpersonal skills to collaborate effectively with various teams.Proficient in Microsoft Office Suite and AML/Fraud investigation software.A keen eye for detail and the ability to work independently while maintaining accuracy.ACAMS /ACFE certified or similar
Why Join Us?We offer:A fun, rewarding, and team-based work environment100% Employer paid Health & Dental Insurance for employees.100% Employer paid Short-Term and Long-Term Disability Insurance for employees100% Employer paid Life Insurance for employeesVision Insurance Generous time-off and paid holidays401(k) Employer MatchOpportunity to grow your career - company culture that promotes from withinPhilanthropic opportunities to give back to our communityOpportunity to work in a fast-paced and dynamic environmentContribute to a vital function that safeguards the organization's financial integrityContinuous learning and development opportunities in the Fraud & AML field
NETCHEX is an Equal Opportunity Employer

About the job

Netchex is seeking a highly motivated and detail-oriented Fraud & AML Specialist to join our team and play a key role in safeguarding our organization from financial crime. Join our team and be part of our commitment to financial crime prevention!Duties/Responsibilities:
Transaction Monitoring and Investigations:Conduct daily transaction monitoring to identify suspicious activities indicative of fraud or money laundering/terrorist financing.Utilize transaction monitoring software to screen transactions against internal and government-issued sanctions lists.Investigate flagged transactions by gathering and analyzing relevant customer information and activity.Prepare comprehensive reports documenting investigation findings and rationale for decisions.SAR Filing:Draft and file Suspicious Activity Reports (SARs) to FinCEN in accordance with regulatory guidelines.Articulate red flags and suspicious activity patterns within the SAR narrative.Maintain a detailed record of all SAR filings and related documentation.Liaise with law enforcement when necessary to provide additional information on suspicious activities.Compliance and Controls:Maintain a thorough understanding of Anti-Money Laundering (AML), Know Your Customer (KYC), and Fraud prevention regulations.Stay up to date on emerging trends and typologies in fraud, money laundering, and terrorist financing.Contribute to the ongoing development and improvement of AML/Fraud policies and procedures.Collaborate with internal teams (compliance, operations) to ensure effective implementation of AML/Fraud controls.Additional tasks:Assist with customer onboarding and KYC processes to mitigate fraud risk.Escalate high-risk scenarios to the appropriate teams for further investigation.Provide training and guidance to internal staff on fraud and AML awareness.
QualificationsBachelor's degree in finance, compliance, or a related field (or equivalent experience).Minimum 2-3 years of experience in transaction monitoring, AML investigations, or a similar role.Strong analytical skills with the ability to identify patterns and anomalies in transaction data.Excellent communication and interpersonal skills to collaborate effectively with various teams.Proficient in Microsoft Office Suite and AML/Fraud investigation software.A keen eye for detail and the ability to work independently while maintaining accuracy.ACAMS /ACFE certified or similar
Why Join Us?We offer:A fun, rewarding, and team-based work environment100% Employer paid Health & Dental Insurance for employees.100% Employer paid Short-Term and Long-Term Disability Insurance for employees100% Employer paid Life Insurance for employeesVision Insurance Generous time-off and paid holidays401(k) Employer MatchOpportunity to grow your career - company culture that promotes from withinPhilanthropic opportunities to give back to our communityOpportunity to work in a fast-paced and dynamic environmentContribute to a vital function that safeguards the organization's financial integrityContinuous learning and development opportunities in the Fraud & AML field
NETCHEX is an Equal Opportunity Employer

About the job

Netchex is seeking a highly motivated and detail-oriented Fraud & AML Specialist to join our team and play a key role in safeguarding our organization from financial crime. Join our team and be part of our commitment to financial crime prevention!Duties/Responsibilities:
Transaction Monitoring and Investigations:Conduct daily transaction monitoring to identify suspicious activities indicative of fraud or money laundering/terrorist financing.Utilize transaction monitoring software to screen transactions against internal and government-issued sanctions lists.Investigate flagged transactions by gathering and analyzing relevant customer information and activity.Prepare comprehensive reports documenting investigation findings and rationale for decisions.SAR Filing:Draft and file Suspicious Activity Reports (SARs) to FinCEN in accordance with regulatory guidelines.Articulate red flags and suspicious activity patterns within the SAR narrative.Maintain a detailed record of all SAR filings and related documentation.Liaise with law enforcement when necessary to provide additional information on suspicious activities.Compliance and Controls:Maintain a thorough understanding of Anti-Money Laundering (AML), Know Your Customer (KYC), and Fraud prevention regulations.Stay up to date on emerging trends and typologies in fraud, money laundering, and terrorist financing.Contribute to the ongoing development and improvement of AML/Fraud policies and procedures.Collaborate with internal teams (compliance, operations) to ensure effective implementation of AML/Fraud controls.Additional tasks:Assist with customer onboarding and KYC processes to mitigate fraud risk.Escalate high-risk scenarios to the appropriate teams for further investigation.Provide training and guidance to internal staff on fraud and AML awareness.
QualificationsBachelor's degree in finance, compliance, or a related field (or equivalent experience).Minimum 2-3 years of experience in transaction monitoring, AML investigations, or a similar role.Strong analytical skills with the ability to identify patterns and anomalies in transaction data.Excellent communication and interpersonal skills to collaborate effectively with various teams.Proficient in Microsoft Office Suite and AML/Fraud investigation software.A keen eye for detail and the ability to work independently while maintaining accuracy.ACAMS /ACFE certified or similar
Why Join Us?We offer:A fun, rewarding, and team-based work environment100% Employer paid Health & Dental Insurance for employees.100% Employer paid Short-Term and Long-Term Disability Insurance for employees100% Employer paid Life Insurance for employeesVision Insurance Generous time-off and paid holidays401(k) Employer MatchOpportunity to grow your career - company culture that promotes from withinPhilanthropic opportunities to give back to our communityOpportunity to work in a fast-paced and dynamic environmentContribute to a vital function that safeguards the organization's financial integrityContinuous learning and development opportunities in the Fraud & AML field
NETCHEX is an Equal Opportunity Employer

About the job

Netchex is seeking a highly motivated and detail-oriented Fraud & AML Specialist to join our team and play a key role in safeguarding our organization from financial crime. Join our team and be part of our commitment to financial crime prevention!Duties/Responsibilities:
Transaction Monitoring and Investigations:Conduct daily transaction monitoring to identify suspicious activities indicative of fraud or money laundering/terrorist financing.Utilize transaction monitoring software to screen transactions against internal and government-issued sanctions lists.Investigate flagged transactions by gathering and analyzing relevant customer information and activity.Prepare comprehensive reports documenting investigation findings and rationale for decisions.SAR Filing:Draft and file Suspicious Activity Reports (SARs) to FinCEN in accordance with regulatory guidelines.Articulate red flags and suspicious activity patterns within the SAR narrative.Maintain a detailed record of all SAR filings and related documentation.Liaise with law enforcement when necessary to provide additional information on suspicious activities.Compliance and Controls:Maintain a thorough understanding of Anti-Money Laundering (AML), Know Your Customer (KYC), and Fraud prevention regulations.Stay up to date on emerging trends and typologies in fraud, money laundering, and terrorist financing.Contribute to the ongoing development and improvement of AML/Fraud policies and procedures.Collaborate with internal teams (compliance, operations) to ensure effective implementation of AML/Fraud controls.Additional tasks:Assist with customer onboarding and KYC processes to mitigate fraud risk.Escalate high-risk scenarios to the appropriate teams for further investigation.Provide training and guidance to internal staff on fraud and AML awareness.
QualificationsBachelor's degree in finance, compliance, or a related field (or equivalent experience).Minimum 2-3 years of experience in transaction monitoring, AML investigations, or a similar role.Strong analytical skills with the ability to identify patterns and anomalies in transaction data.Excellent communication and interpersonal skills to collaborate effectively with various teams.Proficient in Microsoft Office Suite and AML/Fraud investigation software.A keen eye for detail and the ability to work independently while maintaining accuracy.ACAMS /ACFE certified or similar
Why Join Us?We offer:A fun, rewarding, and team-based work environment100% Employer paid Health & Dental Insurance for employees.100% Employer paid Short-Term and Long-Term Disability Insurance for employees100% Employer paid Life Insurance for employeesVision Insurance Generous time-off and paid holidays401(k) Employer MatchOpportunity to grow your career - company culture that promotes from withinPhilanthropic opportunities to give back to our communityOpportunity to work in a fast-paced and dynamic environmentContribute to a vital function that safeguards the organization's financial integrityContinuous learning and development opportunities in the Fraud & AML field
NETCHEX is an Equal Opportunity Employer

About Company

Netchex offers businesses a comprehensive, web-based suite of payroll, human resource and benefit administrative services backed by dedicated support specialists. Regardless of the number of employees or your payroll complexity, Netchex can tailor solutions to fit your needs. This rare combination of comprehensive solutions, dedicated support and flexible offerings helps you easily manage employee information and simplify your entire payroll process.

Total Employees

311

Company 2-Year Growth

0%

Median Employee Tenure

2.9 years

Because no one goes to school
for fighting fraud.