BSA/AML Analyst I
About The Position
The Anti-Money Laundering Group protects the bank from being exploited for laundering money or financing terrorism by designing and overseeing a system of controls to detect and report this activity. This team oversees the bank's compliance with requirements set forth in the Bank Secrecy Act (BSA) and the USA Patriot Act (USAPA) as well as sanctions set by the Office of Foreign Asset Control (OFAC). As the BSA/AML Analyst, you will be responsible for analyzing and decisioning customer transactions that represent an increased risk for money laundering or terrorist financing, primarily utilizing an automated surveillance system. This position requires preparation of clear and concise dispositions on alerts that detail any suspicious activity detected and/or rationale for why activity is not suspicious. Being a UMBer is unlike working at any other company. You are not only valued for the work that you do, but who you are. You’ll be encouraged to bring your whole self to work, being valued for exactly who you are. You’ll also have the opportunity to serve your community alongside your team. At UMB, we do big business, but we don’t forget that the little things matter the most.
Requirements
- Associate degree or two years of industry relevant experience (industry relevant experience is defined as frontline financial institution positions, customer contact, operational, compliance and/or fraud investigation nature).
Nice To Haves
- UMB core system navigation
- AML surveillance system navigation (Verafin)
Responsibilities
- Analyzing and decisioning customer transactions that represent an increased risk for money laundering, terrorist financing, or other potentially illicit activity, utilizing an automated surveillance system (Verafin) to escalate potentially reportable suspicious activity.
Benefits
- Paid Time Off
- a 401(k) matching program
- annual incentive pay
- paid holidays
- a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- health savings, flexible spending, and dependent care accounts
- adoption assistance
- an employee assistance program
- fitness reimbursement
- tuition reimbursement
- an associate wellbeing program
- an associate emergency fund
- various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
