AML Compliance Analyst, SAM

As an AML Compliance Analyst at Amazon, your main responsibilities include conducting research for entity/name screening alerts, reviewing Suspicious Activity Monitoring (SAM) tasks, preparing regulatory filings, and supporting audit activities. Your role is crucial in maintaining compliance with various AML laws and regulations.

To qualify for the AML Compliance Analyst position at Amazon, candidates should hold a Bachelor’s degree in a related field such as Business, Law, or Compliance, alongside at least two years of relevant experience in AML compliance, particularly handling the Bank Secrecy Act (BSA) and OFAC regulations.

Candidates should have a minimum of two years of AML and compliance experience, with proven proficiency in handling complex escalations related to sanctions and suspicious activities as part of their role as an AML Compliance Analyst.

Essential skills for the AML Compliance Analyst position include the ability to conduct thorough research, compose precise and concise documentation, proficiency in MS Office applications, and a strong working knowledge of anti-money laundering laws, particularly the BSA and OFAC regulations.

While specific certifications are not mandatory for the AML Compliance Analyst role at Amazon, having a compliance-related certification, such as CAMS, CRP, or CRCM, is preferred and demonstrates your commitment to continuous professional development.

In your response, detail specific compliance tasks you've successfully managed under the BSA guideline, emphasizing your familiarity with suspicious activity reports and how your monitoring helped in identifying risks.

Discuss the methodical approach you would take, from initial research to consultations and evaluations before deciding on the next actions, ensuring you highlight your critical thinking and communication skills.

Describe your familiarity with the OFAC regulations and any relevant processes you have implemented to ensure compliance, including any software or systems you’ve utilized in your previous roles.

Share specific techniques you find effective in SAM, including the experience you've had with flagging and investigating suspicious patterns and your collaboration with other departments to resolve these issues.

Provide a specific example that highlights the challenge, your action plan, the results of your efforts, and what you learned from the experience, showcasing your resilience and problem-solving abilities.

Discuss the types of metrics you would focus on, such as the percentage of escalations resolved or the time taken to respond, as well as how these metrics can help inform compliance strategies at Amazon.

Explain the resources you use, such as industry publications, webinars, or professional organizations, to stay updated on AML regulations and how you incorporate this knowledge into your role.

Talk about the types of regulatory reports you have written, emphasizing your ability to present information clearly and accurately, as well as any feedback you've received from auditors or regulators.

Express your enthusiasm for Amazon’s innovative culture and commitment to compliance, and how your values align with their mission. Highlight your eagerness to contribute to a diverse and agile team focused on risk mitigation.

List specific software tools you've used, emphasizing your ability to leverage technology for monitoring, reporting, and documentation needs in previous roles, along with examples of how they improved efficiency.