AML Investigations & Quality Control - Team Lead

First Central Saving Bank • New York, NY

7d • $90,000 - $120,000

About The Position

The AML Team Lead supports the Bank’s AML/CFT, OFAC, sanctions, and regulatory compliance program by overseeing alert and case activity, conducting and reviewing investigations, supporting required filings, maintaining data integrity, and assisting management with quality control, reporting, training, vendor coordination, and examination preparation.

Requirements

• Bachelor’s Degree required
• Five years of BSA/AML experience preferred, with working knowledge of AML/CFT requirements and FFIEC guidance.
• Proficiency with Microsoft Office and Abrigo BAM+ or similar AML software.
• Ability to analyze data, identify relevant risk factors, document findings, and support reasonable conclusions.
• Strong verbal and written communication skills, including the ability to coordinate with branches, vendors, management, and examiners.

Nice To Haves

• CAMS certification preferred

Responsibilities

• Assign, review, investigate, and monitor alerts and cases within the transaction monitoring platform; oversee alert and case volumes; perform suspicious activity investigations; assist in the preparation, review, and filing of SARs; and gather supporting information from internet searches, third-party vendors, public records, subpoenas, and other relevant sources.
• Perform and quality control Enhanced Due Diligence reviews for high-risk accounts; complete High Cash customer reviews; apply appropriate customer tags; and ensure customer and account information supports reasonable conclusions and effective risk management.
• Review CTRs for compliance and ensure timely filing; review the FinCEN 314(a) list and prepare required submissions when a match is identified; Provide support for 314(b) program; run scheduled OFAC/SDN scans against the customer information file; review potential true matches; and update OFAC/SDN lists periodically.
• Review daily audit logs for data integrity issues; assist management with tracking and completing AML Department quality control activities, including alerts, cases, SARs, and EDD reviews; prepare monthly AML statistics; and prepare the monthly Reg O Report.
• Assist management with daily AML Department operations by providing coaching, guidance, and training support; assist branches with AML and compliance-related questions; maintain training records; and serve as a liaison with vendors for AML, OFAC, core, and related systems.
• Assist in preparation for Compliance Committee meetings; support FDIC, state, auditor, and other examination requests; review the subpoena log for AML-related matters; and complete other duties as assigned by management.

What This Job Offers

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