Job Description

Purpose:
The AML and Compliance Analyst role will assist in carrying out the tasks required to ensure the Bank is following its regulatory obligations under the AML/CFT Act for a newly implemented Cannabis Banking business.
Salary Range : $70,000 - $80,000 annual
Essential Job Functions :

Assess new Cannabis and Hemp related business account applications, confirming the accuracy and completeness of all required documentation to support compliant onboarding.
Execute AML reviews/investigations of account activity to determine necessity of SAR filing. Document and report the review/investigation findings and prepare case files with required supporting documentation (e.g. internet search results, copies of statements and transactions documentation, results from internal system searches). Complete Suspicious Activity Reports in a timely manner.
Conduct periodic Enhanced Due Diligence reviews of high -risk customers to identify activity that is not in line with the customer’s profile.
Responsible for Currency Transaction Reporting including daily reviews, processing and preparation of CTRs.
Perform OFAC alert reviews that are generated via internal systems and conduct 314(a) searches in compliance with the Information Sharing requirements of the USA PATRIOT Act.
Perform Quality Control review of new account opening documentation and provide feedback to branch personnel on KYC issues identified.
Responsible for overseeing the Bank’s training program which includes the assignment and tracking of all annual online training.

Required Education, Knowledge, Skills and Abilities:

Bachelor’s Degree
CAMS Certification preferred
3-4 years of experience in an AML transaction monitoring role
Strong understanding of Anti-Money Laundering (AML), USA PATRIOT Act and AML/CFT Act regulations
Detail oriented, self-motivated, strong communication and writing skills
Ability to interpret data and form a reasonable conclusion
Experience using Abrigo BAM+ preferred but not required

Job Tags

Full time,

Similar Jobs

Planet Group

PV Coordinator Job at Planet Group

...partners, such as regulatory agencies and contract research organizations Assist with the development and implementation of pharmacovigilance processes and procedures Ensure compliance with all applicable regulations and guidelines related to pharmacovigilance...

Walmart

Manager, Operations Analytics and Marketing Intelligence Job at Walmart

...can turn marketing activity into measurable business impact. As Manager, Operations Analytics and Marketing Intelligence, you'll help... ...education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school...

International Tax Search

International Private Tax Senior Manager (Work from home) - USA Based Job at International Tax Search

...continued demand the firm seeks to add to its thriving ten staff international tax by hiring a high International Tax Senior Manager. As a... ...tax staff on international tax issues. You will lead projects related to expatriate/inpatriate tax work, global mobility of employees...

Vail Resorts

Strategic Resort Planner Job at Vail Resorts

...and organized Resort Planner to support real estate and mountain planning efforts across our resort portfolio. This role will coordinate... ...experience, including infrastructure upgrades, better public spaces, and enhanced resort navigation. Job Requirements: Education...

Global Risk Solutions, Inc.

Private Security Agent - Armed (Concealed) Job at Global Risk Solutions, Inc.

...FT-CA-0009 Job Title: Private Security Agent Armed (Concealed) Location : Beverly... ...of 10+ years of experience in private protection, protective details, close protection, military... ...agencies. Proven track record in executive protection and VIP client security...

AML and Compliance Analyst Job at First Central Saving Bank, Whitestone, NY

N2hJSjNKSU0zQThPTmVpbWJUeER5bXA1dGc9PQ==