Associate, FinCEN 314(a) Analyst

Community Federal Savings Bank • New York, NY

9d

About The Position

Community Federal Savings Bank (CFSB) is seeking a detail-oriented and proactive FinCEN 314(a) Analyst to join its Financial Intelligence Unit within the Compliance Department. CFSB provides payments, lending, and banking services, including ACH settlement, prepaid card issuance, and retail banking, and serves customers such as money service businesses and FinTech companies.

The role supports CFSB’s compliance with FinCEN 314(a) requirements. The Analyst reviews and dispositions potential matches, assists with investigations, documents findings, and prepares reports, including Suspicious Activity Reports when required. The role also supports process improvements, communicates with the FinCEN 314(a) team, monitors regulatory developments and AML/BSA typologies, and contributes to other FIU priorities.

Requirements

• High school diploma required, with some college coursework completed.
• At least 2 years of experience in Compliance, Audit, or Internal Controls.
• At least 4 years of experience in the banking industry.
• Intermediate knowledge of FinCEN 314(a) requirements, AML regulations, and related compliance frameworks.
• Intermediate analytical and investigative skills, including the ability to handle sensitive information confidentially.
• Ability to meet or exceed production and quality expectations.
• Strong organizational and time-management skills, including the ability to manage multiple priorities.
• Strong written and verbal communication skills.
• Ability to adapt to changing priorities in a dynamic regulatory and operational environment.
• Ability to work independently and collaboratively.
• Intermediate proficiency with Microsoft Office Suite (Excel, PowerPoint, Word), Outlook, and Teams.
• Financial crimes and AML/BSA regulatory knowledge.
• Experience or knowledge of financial services industry risks, fraud typologies, and regulations, including familiarity with fintech partnerships and payment systems.
• Understanding of bank operations, payment services, and the broader financial services ecosystem.

Nice To Haves

• Professional certification such as CAMS or CFE.
• Correspondent banking experience is strongly preferred.
• Previous experience working with fintech partnerships is helpful.

Responsibilities

• Review and disposition potential matches received from FinCEN under Section 314(a) of the USA PATRIOT Act accurately and on time.
• Meet or exceed production and quality expectations.
• Assist in investigating identified matches to assess their validity and potential risk.
• Maintain and update investigation workflows, accurately recording and storing required documentation in accordance with company policies.
• Thoroughly document investigative findings and prepare reports, including Suspicious Activity Reports for submission to FinCEN and other regulatory bodies as required.
• Analyze trends and patterns in 314(a) matches to identify process improvements and operational efficiencies.
• Communicate with the FinCEN 314(a) team about status, emerging issues, and recommended actions.
• Stay current on regulatory changes and AML/BSA typologies and help ensure processes align with evolving compliance requirements.
• Participate in special projects and initiatives to enhance the 314(a) process and address other FIU priorities as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED