AML Transaction Monitoring Specialist - Temp

The AML Transaction Monitoring Specialist will be responsible for monitoring and investigating customer transactions to identify potential money laundering activities and ensure regulatory compliance. This 6-month contract role, based on-site in Midtown New York City, requires strong AML experience, investigative skills, and proficiency with transaction monitoring systems.

Client Details

The client is a prominent foreign banking institution with a strong global presence and a well-established reputation in the financial industry. Known for providing a wide range of services, including corporate banking, investment banking, and wealth management, the bank is deeply committed to maintaining regulatory compliance across its global operations.

Description

The AML Transaction Monitoring Specialist will be responsible for the following:

• Monitor and investigate customer transactions for potential money laundering and suspicious activity.
• Escalate cases and prepare Suspicious Activity Reports (SARs) as needed.
• Conduct enhanced due diligence (EDD) for high-risk transactions.
• Collaborate with Compliance and Legal teams to ensure regulatory compliance.
• Maintain accurate records of investigations and monitoring activities.
• Support audits and regulatory exams related to AML.
• Assist in refining AML monitoring procedures and controls.

Profile

The AML Transaction Monitoring Specialist should have the following background/prior experiences:

• Bachelor's degree in Finance, Accounting, Business, or related field.
• 3-5 years of AML compliance experience, specifically in transaction monitoring.
• Familiarity with AML systems (e.g., Actimize, SAS, Mantas).
• Strong understanding of BSA, USA PATRIOT Act, and OFAC regulations.
• Strong analytical and investigative skills.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).
• Ability to work on-site in New York City, 5 days per week.
• CAMS Certification preferred, but not required.

Job Offer

The successful candidate will have the opportunity to work with a prestigious global banking institution in a key compliance role. This 6-month contract offers hands-on experience in AML transaction monitoring, exposure to high-level regulatory practices, and collaboration with cross-functional teams in a fast-paced, dynamic environment. The position provides competitive compensation and a chance to strengthen expertise in financial crime compliance while contributing to a critical area of the bank's operations in its New York City office.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Job Requirements: