Global Financial Crimes, Analyst
About the position Responsibilities • Knowledge of the laws applicable to money laundering, to include the BSA, The Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements. • Review and research suspect items and/or transactions and report suspicious activity as required • Communicate with AML Compliance Manager any activity and trends that could implicate potential money laundering or terrorist financing. • Performs routine compliance tasks and deals with routine compliance issues, typically concerning documentation, reporting, etc. May assist in monitoring regulatory issues. Follows established guidelines and procedures. • Stay apprised of regulatory matters and developments through regular review of appropriate compliance publications and websites and by participating in relevant compliance conferences and other training events. • Applies knowledge of company policies and standard practices to resolve problems • Analyzes issues and uses judgment to make decisions. Escalates non-standard problems or issues • Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for the Branch • Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities Requirements • 1-3 years in banking, with a strong emphasis on BSA, AML and OFAC laws and regulations. • 1-2 years of experience using Excel • Candidates must have AML experience within Correspondent Banking accounts. • Experience preparing and writing SARs (Suspicious Activity Reports). • Taking what is recommended from the alert adjudicators and analysts; the investigator would research and determine if something is suspicious. The candidate would then create SARs. • Experience in analyzing or managing financial crime investigative processes • Experience interacting with senior managers and compliance subject matter experts • Collaborative with strong interpersonal communication skills • Process oriented coupled with a strong ability to develop ap propriate program enhancing strategies • Detail-oriented and organized execution Nice-to-haves • CAMS certification preferred but not required. Benefits • This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. • Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. Apply tot his job