Process Associate

Job Family:

Travel Required:

Clearance Required:

What You Will Do:

• Investigates suspicious activity as required under the Bank Secrecy Act and USA PATRIOT Act focusing on counterfeit and fraudulent check activity suspicious lockbox activity and related AML/BSA issues.
• Responsible for the drafting of Suspicious Activity Reports (SARs) documenting decisions not to file SARs and editing colleagues SAR submissions.
• Researches and analyses account activity (focusing on counterfeit and fraudulent check activity and related AML/BSA issues) including open source information (e.g. Internet and Lexis) closed source databases and internal client information and account transaction databases.
• Compiles information and documents from a variety of sources to draft SAR reports. Analyses transaction data research findings and information received from the business and/or from the end customer or client to ascertain whether transaction activity is suspicious or has a reasonable explanation and/or whether fraud is suspected.
• Looks for linkages across suspicious activities assessing whether the activity is isolated or part of a larger issue.
• Identifies and resolves discrepant information.
• Synthesizes large volumes of data which defines the baseline against which suspicious or reportable instances will be tested.
• Evaluates and reports on findings to management or senior colleagues.
• Effectively communicates and interacts with our checkprocessing and lockbox lines of business compliance risk and other shared services functions internally.
• Cooperates effectively with other lines of business or risk/compliance to obtain additional information or documentation relevant to assessing whether activity is suspicious or fraudulent.
• Collaborates with reviewing lawyers on their investigations and successfully implements and responds to recommendations/feedback.
• Through regular interaction and collaboration understands the functions of the organization s financial intelligence units and how the units work together in order to meet the organization s obligations under applicable laws and regulatory expectations.

What You Will Need:

• Must be a graduate or postgraduate from a recognised university.
• Minimum 1 year of experience assessing and reviewing system generated and manual AML alerts for potentially suspicious activity.
• Experience working on reviewing SAR escalations or other riskbased public records and opensource research review.
• Working knowledge of risk assessment reviewing suspicious activities.
• Working knowledge of public records and opensource research.
• Experience working at MNCs in global processes in Financial Services or Regulatory compliance.
• Experience working for financial institutions such as banks (preferably global) NBFCs or other Financial Institutions.
• Experience working in a Global AMLCDD/EDD/KYC/Transaction Monitoring or other Banking/Financial Services or Financial Services Regulatory compliance processes.
• Solid Excel skills.
• Effective oral and written communication skills.
• Bachelors degree from an accredited college/universityis preferred

What Would Be Nice To Have:

• Knowledge of Global AMLKYC policy
• Prior experience working on CDD EDD Transaction monitoring Sanctions process for US banks or financial institutions.

What We Offer:

Guidehouse offers a comprehensive total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

About Guidehouse

Guidehouse is an Equal Opportunity EmployerProtected Veterans Individuals with Disabilities or any other basis protected by law ordinance or regulation.

Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.

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