BSA/AML Alert Surveillance Analyst II

Provident Bank • Woodbridge Township, NJ

274d

About The Position

Perform dispositioning of BSA/AML/EDD alerts generated from the anti-money laundering system. Perform monitoring, analysis, mitigation and escalation workflows, and maintain records with appropriate audit trails to be used as support during internal and external audits and regulatory examinations. Support various BSA/AML/EDD related activities, including investigating and researching suspicious activity, monitoring the BSA/AML detection system, coordinating BSA/AML alerts and related activities.

Requirements

• Excellent written and oral communications skills combined with a demonstrated ability to clearly understand, translate and articulate projects, objectives, goals, schedules and assignments across various personnel and management levels.
• Ability to work effectively with Bank staff at all levels as well as with outside vendors and regulators.
• Knowledge of laws applicable to money laundering, to include the BSA, The USA Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements.
• Experience in banking services, branch operations, risk management or other related functions essential.
• Ability to work independently and as a team.
• Superior organizational and analytical skills. Strong time management skills.
• Must be highly flexible, multi-task oriented, and capable of changing directions based on immediate business demands.
• Basic Proficiency with Microsoft Office including Outlook, Word, Excel and PowerPoint

Responsibilities

• Investigate and disposition alerts generated from third party software for various types of potential fraud.
• Escalate alerts warranting further review by the BSA/AML/EDD Investigations team.
• Assist in communicating with various areas of the organization to perform enhanced investigations.
• Assist in more complex BSA/AML alert dispositions and research.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED