What does an AML analyst do?
An anti-money laundering analyst, also known as an AML analyst or AML surveillance analyst, has multiple responsibilities, including helping monitor and limit suspicious bank transactions. They often provide identification services for a bank or other financial institution to reduce the risk of a bad transaction.
Why do you want to be an AML analyst?
The heart of being an AML Analyst is to prevent money laundering. Money laundering is a major risk to society. It gives criminals the financial ability to pay for and continue to commit crimes. You’ll follow procedures for requiring identification to verify new and existing customers.
What should a financial analyst put on resume?
Top Hard Skills for a Financial Analyst Resume
- Statistical analysis.
- Cost accounting.
- Financial software applications.
- Databases.
- Corporate finance knowledge.
- Enterprise resource planning (ERP) systems.
- Big data.
- Data analytical systems.
What field is AML?
What do AML analysts do?
AML analysts make up a key component of an AML Compliance department. AML analysts are tasked with reviewing alerts, conducting research, finding suspicious activity, drafting and filing SARs, and conducting 90-day reviews.
What is an AML analyst?
An anti-money laundering (AML) analyst or officer basically investigates, monitors and manages suspicious financial activity. They are key personnel within a business to ensure all AML requirements are strictly followed, and to prevent businesses, companies, entities,…
What is an AML investigator?
AML Investigators, or Anti-Money Laundering Investigators, are forensic accountants who have specialized training in anti-money laundering regulations in order to follow the flow of money through a financial institution’s accounts. Responsibilities included on sample resumes for AML Investigators include mitigating…