Responsibilities include but are not limited to: * Review and analyze alerts generated by the Bank's electronic monitoring software to make a determination as to whether activity warrants further review.
Review and analyze internal AML reports, draw conclusions and make recommendations regarding the need for further investigation.
* Research and analyze customer activity compared to KYC documentation and internal/external information sources and make recommendations regarding the need for further review and/or SAR filing.
* Research and analyze customer activity compared to KYC documentation and internal/external information sources and make recommendations regarding the need for further review and/or SAR filing.
* Conduct suspicious activity investigations and determine whether a Suspicious Activity Report is needed.
Draft narrative for each case substantiating the decision/recommendation.
* Draft and file Suspicious Activity Reports with FinCEN.
* Manage complex cases involving matters such as multiple relationship accounts, international wires involving Bank-designated high risk jurisdictions, and complex cash structuring schemes.
* Identify and analyze records of outside agencies to facilitate investigations including credit bureau records, police and court records.
* Make recommendations for closing customer accounts/relationships based on investigation.
* Correspond with employees and customers in connection with matters such as structuring.
* Prepare bank wide guidance on AML matters.
* Work with the business and AML Investigations to understand and resolve potential AML monitoring issues.
* Work with the AML management team to ensure the monitoring platform consistently addresses prevailing risk.
* Support management in the day-to-day compliance efforts with AML/KYC requirements.
* Analyze, plan and complete special projects assigned by the AML management.
Required Skills: * Knowledge of laws applicable to money laundering, to include the BSA, The USA Patriot Act, U.S.
Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
* Strong verbal and written communication skills.
* Superior organizational and analytical skills.
Strong time management skills.
* Strong research skills.
* Advanced skills in the use of Microsoft Word, Excel, Access, and Outlook.
Experience with online research systems including web-based tools.
* Ability to maintain attention to detail and accuracy under pressure situations.
* Team oriented and able to work independently.
* Ability to prioritize and organize assignments.
Required Experience: * High School Diploma or GED and a minimum of two years in banking operations or investigative law enforcement experience related to anti-money laundering.
* Bachelors Degree preferred.
* CAMS certification preferred.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
Full-time