AML Alerts Analyst

Bank OZK • Little Rock, AR

27d

About The Position

The AML Alerts Analyst is responsible for performing AML alert reviews as outlined in the AML Investigations procedures.

Requirements

• Comprehensive knowledge of the FFIEC manual, BSA/AML and OFAC laws and regulations (including Bank Secrecy Act, USA PATRIOT Act, US Treasury AML guidelines and OFAC requirements).
• Knowledge of BSA/AML processes, investigative techniques and advanced research techniques using the Internet, public websites and third-party repositories.
• Knowledge of AML software and case management systems.
• Ability to communicate effectively, both verbally and in writing, including ability to present to senior and executive management.
• Ability to multi-task, follow up on tasks, and prioritize work and projects.
• Ability to work effectively independently, without supervision.
• Ability to demonstrate attention to detail.
• Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint and Outlook.
• Bachelor’s degree or commensurate work experience required.
• Minimum of one (1) year of work experience in AML (or comparable field), preferably in the financial industry, required.
• Professional certification (CAMS, CFE, CBAP, CRCM or other related certifications), or willingness to obtain certification, required.

Responsibilities

• Performs AML alert reviews derived from alert and non-alert based sources, such as incident reports submitted by Bank employees.
• Researches, analyzes and manipulates transactional data using system-generated spreadsheets to identify suspicious activity.
• Forms initial determinations regarding additional actions to be taken and acknowledges or escalates the AML alert.
• Ensures alerts are dispositioned in a timely manner to meet regulatory expectations.
• Achieves and maintains satisfactory quality review (QR) scores in accordance with departmental standards.
• Uses case management, monitoring software, other Bank systems and third party websites and repositories to perform tasks.
• Assists in preparing related documentation for upcoming examinations and audits, as requested.
• Performs other tasks as directed by the AML alerts management.
• Regularly exercises discretion and judgment in the performance of essential job functions.
• Maintains good punctuality and attendance to work.
• Follows Bank policy, procedures and guidelines.
• Assists other teams within BSA Administration, as necessary.

Benefits

• generous PTO
• 401(k) matching
• health, dental, vision (and pet!) insurance
• special perks and discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees