AML/CFT Officer

Centier Bank•Merrillville, IN

9d•Onsite

About The Position

Centier Bank is seeking an experienced AML/CFT Officer to manage the bank's Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT) Compliance and Office of Foreign Assets Control (OFAC)/Sanctions Compliance. This role involves annual board training and reporting, managing the bank's AML/CFT risk assessment, assisting during regulatory exams, and managing Suspicious Activity Reports (SARs) and system red flags. The ideal candidate will embody Centier's values of Caring, Loyalty, Integrity, Friendship, and Fun, contributing to an award-winning company culture. We recognize and value diversity, and our associates are our most valuable asset.

Requirements

College degree required.
10+ years’ AML/CFT Compliance experience with a multi-billion-dollar institution.
5+ years’ Management experience.
Proficiency with AML/CFT automated software systems and processes.
Focus, attention to detail, and problem-solving skills.
Demonstrable history of good management, career development, and coaching skills.
Ability to delegate appropriately and decision effectively.
Proficient in Microsoft Word and Excel.
Excellent interpersonal, oral, and written communication skills.
Excellent decision-making ability.
Strong organizational skills.
Ability to handle confidential information in a professional manner.
Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations.
Ability to manage and conduct logical investigations.
Ability to work effectively in a multi-task, high-volume environment.
Self-motivated and results oriented.
Solid understanding of banking or financial business operations and systems.

Nice To Haves

CAMS certification preferred.
Experience with Verafin AML/CFT/AM software preferred.

Responsibilities

Maintain and manage a strong and effective AML/CFT program.
Ensure that business units are in compliance with all AML/CFT/OFAC/SANCTIONS policies and procedures.
Leverage technology to create red flag reports that will enable the bank to identify suspicious activity for AML compliance purposes.
Manage recommendations and filing of SARs as appropriate within the defined period of time as set forth by the regulation.
Maintain a requisite knowledge of USA Patriot Act, AML/CFT rules, OFAC/Sanctions requirements, US Treasury and FinCEN reporting requirements.
Ensure that new products and initiatives of the bank meet AML/CFT regulatory expectations.
Manage applicable reporting processes including SAR and CTR filings, and OFAC/Sanctions inquiries.
Oversee testing and assurance of an effective Customer Identification Program (CIP), CDD and EDD.
Manage the customer due diligence (CDD) process and ensure the operation of an effective customer risk rating process.
Manage and develop enhanced due diligence (EDD) strategies for high-risk customers, coordinating account closure recommendations.
Annually train the Board of Directors on AML/CFT Compliance.
Ensure that all employees are trained on AML/CFT and OFAC/Sanctions on an annual basis.
Work effectively with regulators in completion of exams in relation to AML/CFT matters.
Recruit, train, and hire experts in AML/CFT, OFAC/Sanctions, and USA Patriot Act Compliance.
Other duties as assigned.