AML Compliance Cover Letter

I am excited to be applying for the position of AML compliance. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for expertise, support, and guidance to Ally Invest business on matters of AML and OFAC compliance.

My experience is an excellent fit for the list of requirements in this job:

• Work tirelessly to understand applicable AML and sanction related regulations that are currently in force, or will be taking affect in the future
• Experience working with Vendor Solutions for BSA, KYC
• Transaction Monitoring is strongly preferred
• Relentless drive for results, even in ambiguous and fast paced environments
• Prefer bilingual Spanish/English writing and communication skills
• Assisting the MLRO in the oversight of all aspects of the firm's AML activities covered in the FCA Sourcebook, JMLSG guidelines, and UK AML and anti­ terrorist legislation
• Carrying out new account reviews, approvals and amendment and conununicating with clients regarding AML requirements e
• Assisting with written responses to AML and market abuse enquiries from the FCA and law enforcement agencies

I would like to submit my application for the AML compliance opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for guidance on day-to-day BSA/AML related compliance matters which include but not limited to providing clarification on policy guidelines, advising the LOBs on potential high-risk clients, and providing guidance on new or proposed BSA/AML related rules and regulations.

My experience is an excellent fit for the list of requirements in this job:

• Written and spoken fluency in English is essential for this role
• Provide advisory on regulatory matters and issues
• Plan and execute AML/CFT compliance reviews according to established schedules, identify any deficiencies and work with stakeholders to improve processes, remedy deficiencies and strengthen controls
• Monitor and keep up to date on AML/CFT and sanction laws, regulations and developments
• Performs daily AML/CFT monitoring and reviews
• Analyse and update relevant parties on such developments
• Conduct AML/CFT training periodically
• Familiar with AML regulations

I would like to submit my application for the AML compliance opening. Please accept this letter and the attached resume.

Previously, I was responsible for subject-matter expertise support both to internal BSA/AML partners on issues relating to Private Wealth Management and to external partners on BSA/AML-related issues.

Please consider my experience and qualifications for this position:

• Research and complete Currency Transaction Reports in accordance with the requirements of the Bank Secrecy Act
• Research and document all information necessary to satisfy record keeping requirements for Monetary Instrument Logs in accordance with the Bank Secrecy Act
• Assist branch personnel with the accurate reporting of large currency transactions
• Identify and research suspect cash transactions
• Communicate compliance concerns with management, when necessary
• Knowledge of money transfer and bank compliance rules applicable banking regulations and the regulatory framework in Austria (FMA) is a distinct advantage
• Proficiency with statistical and computer software, or other analytical tools such as SAS, R, SQL, Microsoft Word/Excel/Power Point, knowledge in UNIX or PC environment for data extraction, reporting and modeling analyses
• Expert knowledge of AML regulations OFAC laws, and working knowledge of Actimize Suspicious Activity Monitoring, and Customer Due Diligence modules preferred

In response to your job posting for AML compliance, I am including this letter and my resume for your review.

Previously, I was responsible for requested BSA/AML/OFAC information to auditors, regulators, compliance, etc.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Developing skills to build and maintain relationships within audit
• Experience conducting risk and control assessment activities
• AML related experience preferred
• Knowledge of Microsoft Office Programs such as Excel, Word, and Power Point
• Sound knowledge of AML/OFAC compliance regulations and requirements
• An innovative leader who is a team player, assertive, remains calm under pressure, gets things done
• Understanding of BSA/AML regulatory requirements
• Previous experience with CTR filing is preferred

I would like to submit my application for the AML compliance opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for strategic leadership and oversight of day-to-day Ally Invest AML Program elements, including those performed by the business line and Ally Invest AML team, to ensure they are created and conducted in compliance with regulatory and legal requirements and the organization's policy.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Self-driven with high level of initiative and a team player
• Basic knowledge of BSA/AML Compliance Requirements
• Compliance experiences (i.e., BSA/AML and OFAC) or other related experience such as risk management, internal audit (i.e., conducting BSA/AML and OFAC Independent Reviews), or similar control-related exp
• Design and performance of BSA/AML and OFAC Independent Reviews at banking institutions
• Good organizational skills for development of testing programs and scripts, and maintenance of work papers reviewing testing program and scripts
• High attention to detail with strong analytical, problem solving and logical reasoning
• Knowledge of consumer and corporate banking (domestic and international) products and services
• Broker Dealer related experience preferred