Job Description

General Job Responsibilities

Community Bank – Anti-Money Laundering/Countering the Financing of Terrorism Analyst (AML/CFT) provide support services system wide and supports the AML/CFT Officer in overseeing the programs for compliance with all regulatory requirements pertaining to anti-money laundering, terrorist financing and all other potential financial crimes. The analysts in this classification may carry different functional titles but have similar competencies and education and experience requirements. The AML/CFT Analyst reports to the AML/CFT Analyst Officer and/or AML/CFT Officer. The Analyst must possess a thorough knowledge of all bank products and services; fully understand and adhere to all federal and state laws and the policies related to the industry and their particular section; and have the ability to research issues and respond to questions from staff. Specific duties include:

• Conducts daily reviews of possible suspicious activity by: front-line staff, core system reports, the anti-money laundering monitoring software, etc.
• Drafts suspicious activity reports for review by the AVP-SAR Manager and/or the AML/CFT Officer
• Review & approve Non-U.S. Person Assessments submitted by front-line staff
• Identify currency transactions that fall within the reportable thresholds according to federal requirements
• Draft currency transaction reports for review by the AML/CFT Analyst Officer–CTR Manager and/or the AML/CFT Officer
• Reviews daily kiting reports and relays results to management
• Assists in daily (OFAC) Office of Foreign Assets Control review

This position is not eligible for remote work.

Education and Experience

Education

Graduation from high school or equivalent GED required.

Experience

A minimum of two year’s work experience preferably in the banking industry or experience in analytical work preferred.

Job Tags

Full time, Work experience placement, Work at office,

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