Anti-Money Laundering Analyst Job at Phaxis, Richardson, TX

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  • Phaxis
  • Richardson, TX

Job Description

We are seeking a detail-oriented and motivated individual to join our compliance team as an entry-level AML Compliance Analyst. In this role, you will support the execution of the organization’s Anti-Money Laundering (AML) and Know Your Customer (KYC) programs. This is an excellent opportunity for recent graduates or individuals with up to one year of relevant experience looking to launch a career in financial compliance.

Key Responsibilities:

  • Assist in conducting customer due diligence (CDD) and enhanced due diligence (EDD) reviews for new and existing clients.
  • Monitor and review transactions for suspicious activity using AML surveillance systems.
  • Investigate and escalate unusual or potentially suspicious activity in accordance with regulatory guidelines.
  • Support the preparation of Suspicious Activity Reports (SARs) for review and filing.
  • Maintain documentation and ensure accurate record-keeping for AML-related reviews.
  • Stay current on relevant regulations, industry trends, and internal policies.
  • Assist with periodic AML audits and regulatory examinations.
  • Collaborate with other departments such as operations, legal, and risk management to ensure compliance with applicable laws and internal controls.

Qualifications:

  • Internship or up to 1 year of experience in compliance, risk, banking, or a similar field preferred (not required).
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities and meet deadlines.
  • Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
  • Familiarity with AML laws and regulations (e.g., BSA, USA PATRIOT Act) is a plus.
  • Knowledge of AML monitoring tools or case management systems.
  • Bilingual language skills are a plus.
  • Interest in obtaining CAMS or similar certification in the future.

Job Tags

Internship,

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