AML / Sanctions Compliance Analyst Job in Kansara Systems Inc

This job is for the locations in USA. Selected candidate will be processed for H1B. Terms and Conditions apply.

Prior experience working in Compliance Transaction Monitribg implementation projects

Prior working knowledge of any AML product such as Actimize, Mantas, Norkom, Prime, etc.

Provide project and staffing leadership during project planning, execution, reporting, and follow-up on any action plans.

Oversee the validation of model performance and controls. Includes establishing the model validation scope, assessment of validation results, and direct communications with stakeholders.

Develop and maintain effective partnerships with the model developers, model owners, business-level risk management teams, and auditors (internal and external).

Define the scope of the validation and the detailed testing plan for the validation. Execute the scope and comprehensive testing plan for the validation.

Write the detailed model validation report with the executive summary, validation section, by test, with results, and recommendations for improvement of the model; follow-up of all recommendations with the model owner to ensure that it was remediated.

Write the SQL code to extract data to perform data analysis and research for data integrity.

Partner with Line of Business (LOB) contacts to fully understand how the team's work products will provide value in terms of risk mitigation.

Create documentation in support of data validation monitoring and related reporting.Apply continuous improvement to reports to meet business needs.

Develop data validation and monitoring reports utilizing SAS/SQL to support system and data feed changes.

Translate requests into actionable business requirements.Ask for clarifications and partner with the business line when flexible, iterative solutions are needed.

Keep detailed documentation of ad hoc processes so they can be easily repeated if they are requested again at future dates.

Possess an awareness of regulatory and U.S. Bankcompliance environments.

Required Work Experience / Skills

10+ years in the financial services industry

3+ years experience in AML Products

Previous experience in performing Model Validation

Demonstrated analytical approach to complex processes

Demonstrated relationship management skills

Ability to leverage resources from across the organization

Adept at working in a multi-faceted organization

Strong written and verbal communication skills, including effective presentation skills to multiple levels of management and associates

Effective working both independently and as a team leader

AML and Sanctions regulations, including the Bank Secrecy Act, USA PATRIOT Act, and OFAC.