AML Analyst Job Description Template

Ani Gasparyan

Last updated on February 12, 2025 | 10 min read

Job Description Template

What is an AML analyst job description template?

An AML (Anti-Money Laundering) analyst job description template is a structured guide that outlines the key sections essential for crafting a comprehensive job posting. It helps employers define responsibilities, qualifications, and expectations while including critical aspects like transaction monitoring, risk assessment, regulatory compliance, and suspicious activity reporting. By using this template, companies can streamline their hiring process, align with industry standards, and attract skilled professionals to help prevent financial crimes and maintain compliance.

General overview of the role

An Anti-Money Laundering (AML) Analyst is responsible for detecting and preventing financial crimes such as money laundering, fraud, and terrorist financing by monitoring transactions, analyzing client data, and ensuring compliance with regulatory standards. They investigate suspicious activities, assess risks, and prepare reports such as Suspicious Activity Reports (SARs) to be submitted to relevant authorities. Their role also includes developing and implementing internal compliance procedures, conducting risk assessments, and providing training on financial crime prevention. By identifying patterns of suspicious behavior and recommending risk mitigation strategies, AML analysts play a critical role in safeguarding businesses from legal, financial, and reputational risks while guaranteeing adherence to anti-money laundering frameworks.

Typical duties and responsibilities

• Monitor financial transactions and client activity to identify suspicious patterns and potential risks.
• Investigate possible money laundering and fraudulent activities by gathering and analyzing relevant data.
• Prepare and file Suspicious Activity Reports (SARs) in compliance with regulatory requirements.
• Conduct enhanced due diligence (EDD) on high-risk clients and assess their risk profiles.
• Collaborate with legal, compliance, and risk teams to address flagged activities and secure timely resolutions.
• Maintain detailed records of investigations, findings, and actions taken for regulatory and internal audits.
• Ensure adherence to AML regulations, company policies, and industry standards.
• Stay informed on evolving AML laws, sanctions lists, and regulatory updates to maintain compliance.
• Provide training and guidance to internal teams on AML best practices and regulatory obligations.
• Support audits and internal assessments to strengthen AML compliance frameworks.

Required skills and experience

• Bachelor’s degree in Finance, Criminal Justice, Business, or a related field.
• 2–5 years of experience in AML, compliance, or financial crime investigations within a financial institution or regulatory environment.
• Strong knowledge of AML regulations, KYC (Know Your Customer) requirements, and financial crime prevention frameworks.
• Hands-on experience with AML monitoring systems, transaction surveillance tools, and case management platforms.
• Exceptional analytical skills and keen attention to detail, with the ability to identify and investigate suspicious activity.
• Strong written and verbal communication skills for preparing reports and collaborating with internal and external stakeholders.
• Ability to thrive in a fast-paced, deadline-driven environment while ensuring accuracy and compliance.
• Familiarity with sanctions lists (e.g., OFAC, FATF) and their application in transaction monitoring and risk assessment.

Nice to have/preferred skills and experience (not required)

• Certification such as CAMS (Certified Anti-Money Laundering Specialist) or an equivalent credential.
• Strong understanding of financial institutions and regulatory bodies (e.g., FINRA, FATF, OFAC) and their compliance requirements.
• Proven experience in conducting investigations and reporting on financial crimes, including money laundering and fraud.
• Proficiency in advanced AML technologies, transaction monitoring systems, and analytical tools.
• Experience in forensic accounting, data analysis, or financial risk assessment.

What we offer

When creating a job description for an AML Analyst role, it’s important to highlight the benefits your company provides to attract and retain top compliance professionals. This section should emphasize the organization’s commitment to employee growth, well-being, and job satisfaction, making the role more appealing to qualified candidates. By clearly outlining these advantages, you can showcase a supportive and rewarding work environment. Key benefits to consider including are:

• Extensive health and wellness coverage.
• Work-from-home options and flexible hours.
• Paid time off for vacations, holidays, and sick leave.

Here are a few more benefits that, according to Forbes, are valued by employees:

• Retirement savings plans with employer matching, such as 401(k) plans, are highly valued by employees.
• Early leave on Fridays.
• 4-day work week.
• Private dental insurance.

About us

We recommend including general information about the company, such as its mission, values, and industry focus. For instance, you could say:

"DevsData LLC is an IT recruitment agency that connects top tech talent with leading companies to drive innovation and success. Their diverse team of US specialists brings unique viewpoints and cultural insights, boosting their capacity to meet client demands and build inclusive work cultures. Over the past 8 years, DevsData LLC has successfully completed more than 80 projects for startups and corporate clients in the US and Europe."

Common mistakes to avoid when creating an AML analyst job description

• Using vague or overly broad language that fails to specify key responsibilities, such as transaction monitoring, investigations, and regulatory reporting.
• Overlooking the need for expertise in AML regulations, compliance frameworks, and risk assessment methodologies.
• Failing to outline the role’s interaction with regulatory bodies, internal compliance teams, and external auditors.
• Writing a job description that is either too brief, omitting crucial details, or excessively detailed, making it difficult for candidates to understand expectations.
• Neglecting to highlight essential skills such as analytical thinking, attention to detail, and the ability to interpret complex financial data.

Explore sample resumes

We’ve compiled sample resumes showcasing the critical skills and experience employers seek in an AML Analyst. Reviewing these examples can offer valuable insights into the qualifications, technical expertise, and compliance knowledge required for success in this role. By analyzing these resumes, you can craft a more precise job description and assess candidates more effectively.

• Senior Auditor – Resume Sample
• Financial Analyst – Resume Sample
• Risk Analyst Resume Sample

Conclusion

An AML Analyst plays a critical role in ensuring financial institutions remain compliant with regulations while preventing illicit activities such as money laundering and fraud. This role involves monitoring transactions, conducting thorough investigations, and reporting suspicious activities in accordance with legal requirements. By applying their expertise in financial crime prevention and regulatory compliance, AML Analysts help safeguard the organization from financial risks, securing operational integrity and trust. This job description outlines the essential responsibilities, skills, and experience required to find the right AML Analyst who can effectively contribute to maintaining the organization’s security and compliance.

Contact DevsData LLC

If you’re looking to hire an experienced AML Analyst, DevsData LLC is here to assist. With a vast network of over 65000 professionals, they specialize in connecting clients with the ideal candidates for compliance and financial crime roles. Their recruitment process includes thorough 90-minute interviews to assess both technical expertise and interpersonal skills. DevsData LLC operates on a success-based fee structure, meaning clients only pay when the hire is finalized. Additionally, they offer a guarantee period; if any issues arise or the candidate does not meet expectations, DevsData LLC will help find a replacement at no additional cost.

As a government-approved recruitment agency, DevsData LLC adheres to all industry standards and regulations. For more information, contact them at general@devsdata.com or visit www.devsdata.com.