Job Description

Title: AML/EDD Analyst

Location: Fully remote from within the US

Duration: 6+ months

Compensation: $30.00-35.00/hr

Work Requirements: US Citizen, GC Holders or Authorized to Work in the US

Job description: The Enhanced Due Diligence (EDD) Analyst conducts assessments of members' risk for money laundering, financial crimes, and terrorist financing by thoroughly analyzing transaction patterns, negative news, and comparing expected versus actual activity based on the business nature. This role requires collaboration with senior analysts to escalate suspicious activities for further investigation and stays abreast of industry trends and regulations related to financial crime typologies. In addition to EDD responsibilities, this role involves conducting thorough investigations into suspicious activities, preparing Suspicious Activity Reports (SARs), and ensuring compliance with regulatory requirements. Key

Responsibilities:
• Conduct enhanced due diligence on member profiles, including 90-day and high-risk reviews, and recommend ongoing monitoring as needed.
• Assist in reviewing case management output for entities requiring action.
• Support senior analysts in assessing member risk ratings and eligibility for continued monitoring and Enhanced Due Diligence (EDD).
• Analyze account relationships, transactions, and business structures to recommend risk-based actions, escalating suspicious activity when necessary.
• Prepare and submit SARs in compliance with regulatory guidelines.
• Collaborate with team members to ensure efficient workflow and accurate results.
• Assist in preparing reports, including findings and recommendations.
• Basic understanding of grand juries and 314(a) information sharing process to effectively navigate legal requirements in financial crime investigations.
• Stay updated on industry regulations and best practices related to money laundering, financial crime, and terrorist financing.

Qualifications
• Bachelor's degree in finance, business, or a related field.
• 1-2 years of experience in financial services, compliance, or a related field.
• Familiarity with BSA/AML regulations and KYC processes.
• Strong analytical skills with attention to detail.
• Excellent communication skills, both written and verbal.
• Proficiency in Microsoft Office applications.
• Ability to work effectively in a team environment and collaborate with colleagues.
• CAMS certification is a plus

Our benefits package includes:

• Comprehensive medical benefits
• Competitive pay, 401(k)
• Retirement plan
• …and much more!

About INSPYR Solutions

Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients’ business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

24-10095

Job Tags

Contract work, Local area, Remote job, Flexible hours,

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