AML Case Analyst

The AML Case Analyst has extensive knowledge of the principles of money laundering and terrorist financing and AML policy and procedures. The AML Case Analyst will Perform periodic due diligence reviews and will research, analyze, and investigate consumer/commercial account behavior for potential money laundering or terrorist financing related suspicious activity in accordance with Bank policies and procedures.

Responsibilities Include but are not limited to:

• Review and analyze alerts generated by the Bank's electronic monitoring software to make a determination as to whether Activity warrants further review. Review and analyze internal AML reports, Draw conclusions and make recommendations regarding the need for further investigation.
  
• Conduct suspicious activity investigations and determine Whether a Suspicious Activity Report is needed. Draft narrative for each case substantiating the decision/recommendation.
  
• Manage complex cases, reviews involving matters such as multiple relationship accounts and complex ownership structures.
  
• Draft and file Suspicious Activity Reports with FinCEN.
  
• Identify and analyze records of outside agencies to facilitate investigations including credit bureau records, police and court records.
  

Required Skills:

• Strong knowledge of Bank Secrecy Act, USA Patriot Act, OFAC and Suspicious Activity Reporting requirements and regulations.
  
• Excellent researching and analytical skills.
  
• Must have the confidence and ability to identify potential issues and solutions and work with management to resolve those issues.
  
• Strong time management skills and ability to prioritize and organize assignments.
  
• Excellent verbal and written communication skills.
  
• Ability to provide guidance and training to Case Analysts within the department regarding AML, BSA and OFAC-related issues.
  
• Ability to interact and respond intelligently to inquiries from Internal Audit and bank regulators.
  
• Advanced skills in the use of Microsoft Word, Excel, Outlook and experience with online research systems including web-based tools.
  
• Team oriented and able to work independently.
  

Requirements

• High School Diploma or GED and a minimum of three years experience with emphasis on BSA/AML, fraud, loss prevention or corporate security investigative experience or other experience analyzing customer financial activity for unusual behavior.
  
• Bachelor's Degree preferred.
  
• ACAMS certification preferred.