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Bank Secrecy Act / Anti-Money Laundering Analyst

Job Description

As part of the compliance team, this position supports the Bank to ensure compliance with the provisions of the Bank’s BSA/AML Program and Internal Controls function, as well as mitigating fraud risk.

Duties and Responsibilities

• Responsible for the identification and tracking of suspicious activity through the generation and review of various reports of daily transactions for signs of any unusual or out of the ordinary customer activity.
• Responsible for adequately investigating and documenting suspicious activity including, after consultation with the BSA Officer, the timely filing and reporting of a SAR on the activity.
• Collect and provide requested documentation to various examiners, auditors, law enforcement and governmental agencies regarding SARs, CTRs, and AML monitoring records.
• Perform and document due diligence reviews on exempt customers, high risk customers and new customers as required.
• Attend various training seminars in order to maintain a proficient working knowledge of the BSA/AML rules.
• Maintain good understanding of the BSA/AML regulations and FinCEN Guidelines required to detect current money laundering and fraud schemes.
• Provide assistance to the Compliance/BSA Officer with additional duties as assigned.
• Must be able to carry out these responsibilities in a confidential, professional and ethical manner.

Job Requirements

• 2-5 years of working bank operations experience.
• Must have above average working knowledge of Banking operations, its products, services, and understand its organizational structure.
• Must understand the legislative and regulatory process and maintain a proficient knowledge of specific regulations through self-development and formal training.
• Must have strong organizational and planning skills with the ability to recover from and adjust to change.
• Must possess verbal/written communication skills able to communicate tactfully with all levels of bank personnel showing consideration to avoid strife in dealing with team members.
• Ability to multitask issues and projects while maintaining composure when working under pressure or stress.
• Proficient knowledge of Microsoft Office products with ability to operate a computer terminal.
• Must represent the Bank with a high level of integrity while supporting management decisions and goals in a professional manner.
• Must have excellent research skills with the ability to design and conduct a systematic, objective, and critical investigation. Must be a strong problem solver.
• Must be self-motivated with a proven ability to reach goals or performance tasks with little supervision or direction.

We invite you to review our employee benefits flyer.

To apply, please submit your resume to HR@anchorbank.com.