AML Specialist

Tompkins Community Bank

21d•$25 - $33•Hybrid

About The Position

This position offers flexibility to work a hybrid schedule and may be based at one of our office locations in Brewster, NY; Batavia, NY; or our corporate headquarters in Ithaca, NY. The selected candidate will be required to work onsite at least three (3) days per week . The AML Specialist supports the Corporate AML Officer and Assistant AML Officer(s) to ensure that the Company’s Anti-Money Laundering/Countering the Financing of Terrorism (“AML/CFT”) Program, Customer Identification Program (“CIP”), and Sanctions Monitoring (collectively, “AML Program”) meet federal and state requirements. This role includes responsibilities across the Suspicious Activity Monitoring Program, High-Risk Customer (HRC) Due Diligence, and AML program compliance functions. The AML Specialist will review transaction monitoring alerts, conduct HRC reviews, conduct suspicious activity investigations, and/or perform programmatic functions.

Requirements

Associate’s degree required; Bachelor’s Degree in finance, accounting, business administration, or related field preferred.
Minimum of 2–4 years’ experience in a BSA/AML compliance role required.
Strong written and verbal communication skills.
Proven ability to analyze information and formulate conclusions.
Ability to maintain confidentiality and handle sensitive information appropriately.
Proficient in Microsoft Office and other relevant software applications.

Nice To Haves

Certified Anti-Money Laundering Specialist (CAMS) or Certified Financial Crime Specialist (CFCS) preferred.
Experience with automated systems for detecting and reporting suspicious activity preferred.

Responsibilities

Review transaction monitoring system alerts and escalate alerts as appropriate.
Conduct HRC due diligence reviews of high-risk customers and accounts.
Investigate customer transactions for suspicious activity and prepare Suspicious Activity Reports (SARs) within regulatory timelines.
Review new account activity to ensure Customer Identification Program (CIP), Beneficial Ownership Information (BOI), and Customer Due Diligence (CDD) compliance.
Review transaction monitoring system reports to identify transactions requiring Currency Transaction Reports (CTR).
Review potential Sanctions and 314(a) matches and determine validity.
Assist in preparing responses to law enforcement requests and subpoenas.
Interact with lines of business to discuss customer activity and request customer information.
Maintain effective working relationships across departments to implement and maintain effective AML monitoring procedures.
Participate in
Seek out resources and growth opportunities to enhance AML knowledge and share with team members.
All other duties as assigned.