Analyst, Financial Intelligence Unit
About The Position
Community Federal Savings Bank (CFSB) is seeking an entry-level FIU Analyst to join its Financial Intelligence Unit in the Compliance department. The role involves reviewing potentially unusual or suspicious activity across the Bank’s products, customers, and partner programs. Working under established procedures and appropriate guidance, the analyst reviews alerts and referrals, analyzes transactional and customer information, conducts internal and external research, documents findings, recommends dispositions, and escalates matters requiring further investigation or consideration. The analyst contributes to timely, accurate, and consistent reviews and documentation. The position is fully remote in 24 select states or hybrid for candidates located in the NYC Metro area. It supports ongoing hiring needs and may remain posted continuously, with applications reviewed on a rolling basis for current or future openings.
Requirements
- Bachelor’s degree in Business, Finance, Accounting, Criminal Justice, Risk Management, Compliance, or a related field, or equivalent education and work experience.
- Ability and willingness to learn and apply AML/BSA requirements, financial crime concepts, suspicious activity monitoring processes, and SAR requirements through training and practical experience.
- Ability to review transactional and customer information, recognize relevant risk indicators or unusual patterns, and document findings clearly.
- Strong attention to detail, willingness to learn, and ability to manage a deadline-driven workload while following established procedures.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) or related software.
- Analytical, organizational, research, and problem-solving skills.
- Clear verbal and written communication skills, including the ability to summarize research and findings concisely and in an organized manner.
- Ability to follow procedures, work collaboratively, manage assigned tasks, and seek guidance when needed.
- Interest in learning about banking operations, payment services, fintech partnerships, and the broader financial services ecosystem.
- No prior professional experience in financial crimes compliance or investigations is required; no prior AML/BSA, financial crime, transaction monitoring, or investigative experience is required.
Nice To Haves
- Familiarity with transaction monitoring or case management systems.
- Relevant internship, coursework, or experience in banking, payments, fraud, compliance, investigations, data analysis, or research.
- Interest in pursuing a relevant professional certification, such as CAMS or CFE.
- Interest in developing knowledge of financial services industry risks, fraud and money laundering typologies, applicable regulations, fintech partnerships, and payment systems.
Responsibilities
- Review assigned transaction monitoring alerts, internal or external referrals, and other FIU work items according to established procedures and timelines.
- Review transactional activity, customer profiles, account history, prior investigations and filings, and relevant research to identify potential financial crime risk indicators and unusual patterns.
- Prepare clear, complete, and accurate review documentation and case narratives summarizing activity reviewed, research performed, findings, and rationale.
- Recommend alert or case dispositions based on available information and established guidance, and promptly escalate potential suspicious activity or other matters requiring additional review.
- Manage assigned work items and priorities to meet review deadlines and quality expectations.
- Collaborate with FIU colleagues and seek guidance from experienced investigators or FIU leadership when questions or complex matters arise.
- Identify and communicate observed trends, recurring issues, and potential process concerns to FIU management.
- Develop knowledge of AML/BSA regulatory requirements, financial crime risks, enforcement trends, and relevant typologies through training and practical experience.
- Assist with special projects and other FIU priorities as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
