AML/CFT Analyst (Remote)

First Citizens Bank • Raleigh, NC

1d • Remote

About The Position

This is a remote role that may be hired in several markets across the United States. The AML/CFT Analyst is responsible for conducting investigations, performing data analysis, and supporting compliance efforts related to Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regulations to support the bank's compliance program. This role combines analytical skills with knowledge of financial crime risks to identify and investigate suspicious activities, ensure regulatory compliance, and support the bank's overall risk mitigation efforts.

Requirements

• Bachelor's Degree and 1 years of experience in AML/CFT compliance, investigations, or related field; Knowledge of BSA/AML regulations, OFAC, and KYC requirements; Familiarity with AML/CFT software and case management systems; Strong analytical and problem-solving skills OR High School Diploma or GED and 5 years of experience in Experience in AML/CFT compliance, investigations, or related field; Knowledge of BSA/AML regulations, OFAC, and KYC requirements; Familiarity with AML/CFT software and case management systems; Strong analytical and problem-solving skills

Nice To Haves

• AML/CFT regulatory knowledge
• Data analysis and interpretation
• Investigative techniques
• Financial crime risk awareness
• Reporting and documentation

Responsibilities

• Source, validate, and interpret data related to financial transactions and customer activities.
• Analyze data for discrepancies, risks, potential sanctions violations, and AML/CFT red flags.
• Assist in investigating unusual activity or flagged transactions.
• Conduct research on suspicious transactions and review client activity.
• Ensure compliance with applicable AML/CFT laws, regulations, policies, and procedures.
• Prepare reports on investigation findings, risks, trends, and exceptions.
• Compile relevant information for AML/CFT reviews and investigations.
• Maintain accurate and complete documentation of investigative activities.
• Assist in preparing Suspicious Activity Reports (SARs) and other regulatory reporting.
• Review and analyze alerts generated by AML/CFT monitoring systems.
• Conduct initial and ongoing assessments of potential high-risk customers or transactions.
• Escalate complex cases or significant findings to senior team members.
• Maintain knowledge of AML/CFT regulations, procedures, and industry trends.
• Assist with regulatory exams, audits, and risk assessments related to AML/CFT.
• Participate in training sessions and stay informed about evolving financial crime typologies.

Benefits

• The base pay for this position is generally between $61,000 and $75,000.
• Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law.
• For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
• Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
• More information can be found at https://jobs.firstcitizens.com/benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level