Specialist, Anti Money Laundering/Prevention/KYC Representative I

Welcome to The Bank of New York Mellon! We are currently seeking a highly skilled and detail-oriented Specialist for our Anti Money Laundering/Prevention/KYC Representative I role. As a member of our team, you will play a critical role in safeguarding our bank against financial crimes such as money laundering and terrorist financing. Your expertise and dedication will help us maintain compliance with relevant laws and regulations, protect our clients and the integrity of our institution. If you are passionate about preventing financial crimes and possess strong knowledge of AML/BSA regulations and KYC procedures, we encourage you to apply for this exciting opportunity.

1. Conduct thorough review and analysis of customer accounts to identify potential risks and suspicious activities in accordance with AML/BSA regulations and KYC procedures.
2. Collaborate with internal teams to ensure compliance with relevant laws and regulations related to anti-money laundering and terrorist financing.
3. Utilize advanced tools and systems to monitor and detect potential financial crimes.
4. Stay updated on industry trends and changes in AML/BSA regulations to proactively identify and prevent potential risks.
5. Communicate and escalate any potential risks or suspicious activities to the appropriate departments for further investigation.
6. Maintain accurate and detailed documentation of all reviews and investigations.
7. Assist in the development and implementation of AML/BSA policies and procedures.
8. Provide training and support to team members and other departments on AML/BSA regulations and KYC procedures.
9. Collaborate with law enforcement and regulatory agencies as needed.
10. Identify areas for process improvement and implement solutions to enhance efficiency and effectiveness of AML/BSA processes.
11. Maintain confidentiality and integrity of sensitive information.
12. Represent the bank in a professional manner and adhere to the bank's code of conduct.
13. Demonstrate a strong understanding of the bank's products, services, and operations.
14. Adhere to all internal policies and procedures related to AML/BSA compliance.
15. Participate in special projects and initiatives related to AML/BSA compliance as assigned by management.

According to JobzMall, the average salary range for a Specialist, Anti Money Laundering/Prevention/KYC Representative I in Pittsburgh, PA, USA is between $41,000 and $55,000 per year. This salary range may vary depending on factors such as experience, education, and the specific company and industry the specialist is working in.

The Bank of New York Mellon Corporation is an American worldwide banking and financial services holding company headquartered in New York City. Bank of New York was established in 1784. BNY Mellon was formed with the merger of The Bank of New York and the Mellon Financial Corporation.