AML Surveillance EDD & CDD Analyst

ConnectOne Bank • Union, NJ

9d • $65,000 - $85,000 • Hybrid

About The Position

The AML Surveillance EDD & CDD Analyst analyzes information on banking transactions with regard to BSA, AML, and SAR regulations and requirements and completes all reports as necessary. This role supports the Bank’s “client first” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”.

Requirements

• Expert knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E and US PATRIOT Act.
• Familiarity with Bank security and safety practices.
• Strong analytical and communication skills.
• Strong knowledge of Word, Excel and Power Point.
• Proficiency with IBS, Vision Archive, OnBase, And Verafin
• Strong “People First” interest and ability.
• Minimum 3-5 years BSA experience

Nice To Haves

• College degree preferred.

Responsibilities

• Investigate Customer Due Diligence Alerts from our AML Systems and either clear alerts with proper supporting documentation or escalate for Suspicious Activity Reports (SARs) filing.
• Ensure effective transaction monitoring and client account oversight is implemented to identify suspicious transactions for reporting.
• Review and analyze all accounts to identify possible suspicious activity and escalate cases as necessary.
• Assist in the development of statistical reports to supplement the Bank’s current BSA/AML Solution.
• Conduct reviews for enhanced due diligence high risk clients. Review all related relationships and detail all areas in a comprehensive narrative.
• Monitors client accounts and prepare detailed investigations for Suspicious Activity Reports (SARs) filing.
• Perform scheduled reviews of critical areas where non-compliance could lead to civil and criminal liability.
• Assist with the updating and maintenance of a BSA/AML Compliance Procedures ensuring compliance with all Federal and state regulations.

Benefits

• World class health, vision, and dental benefits on day one
• 401k with employer match
• Hybrid work from home (depending on role)
• Employee appreciation events (team building, softball games, food truck days, etc..)
• Employee assistance programs (EAP)
• Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
• Tuition reimbursement
• Employee Discount perks
• CNOB Community Service Events

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree