AML Analyst

Customers Bank • Malvern, PA

22h

About The Position

The AML Analyst will be responsible for ensuring compliance of banking regulations, reviewing and reporting suspicious activity, staying up to date on sanctions alerts and additional regulations as well as conducting necessary research and documenting findings. We are looking for a highly motivated, team player, who thrives in a fast-paced environment.

Requirements

• 2+ years in a dedicated transaction monitoring investigation function with specific expertise in BSA/AML typologies and red flags.
• 2+ years in banking with a strong understanding of general bank products and services.
• Ability to multi-task, work independently and as part of a team, establishing cooperative and collaborative working relationships.
• Experience in documenting AML alerts, case investigations, SAR and non-SAR filings.
• Experience in BSA Compliance, Banking, Auditing or Fraud Investigations.
• Advanced analytical skills
• Advanced computer skills, including intermediate knowledge with Microsoft Outlook, Word, and Excel.
• Must be legally eligible to work in the United States without sponsorship, now or in the future, to be considered.

Nice To Haves

• ACAMS (Preferred) or CFE Certifications, or similar AML or Investigator Certifications.

Responsibilities

• Ensure compliance with Bank Secrecy Act Regulation’s, Anti-Money Laundering related regulations, Office of Foreign Assets Control Regulations and USA PATRIOT Act Regulations.
• Review system generated alerts, assess impact to AML processes, conduct research as required, and document results in written format.
• Write suspicious activity reports, address sanctions alerts, and other applicable AML processes in accordance with regulatory expectations and departmental procedures.
• Provide support and training for AML Analysts serving as a subject matter expert and escalation point for transaction monitoring related inquiries.
• Complete complex or special investigations on highly confidential matters in accordance with procedures.
• Maintain current knowledge of laws, regulations, policies, and procedures applicable to the job assignment.
• Other duties related to BSA compliance may be assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed