Business Systems Analyst/AML Associate - Jacksonville, FL

Details:

• 6-Month W2 Contract to Hire
• Hybrid in Jacksonville, FL 32202
• Onsite 2x/week
• Monday - Friday, 8am - 5pm
• $25/hr on W2

Job Specifications:

• Looking for candidates who can do either case investigations OR alert triage, filing SARs.
• Need strong experience in BSA or AML alerts.
• Verafin Experience - Highly Preferred.
• Prior credit union/financial institution experience - Required.

ESSENTIAL JOB FUNCTIONS:

BSA/AML Risk Mitigation Framework:

• Support the BSA/AML Manager in developing and maintaining BSA/AML risk mitigation framework.
• Maintain effective communications, ensure efficient workflow processing and work with others internally and externally to the client.

BSA/AML Risk Management:

• Responsible for the continuous monitoring of activity for specific trends and patterns of activity using the BSA/AML software, which may present an increased risk for fraud losses and/or money laundering activities within the client.

Risk Intelligent Culture:

• Assist the VP of BSA Risk Management and BSA/AML Manager in developing, promoting, and implementing a risk intelligent culture by maintaining strong collaborative relationships across the organization.
• Help to create and foster an increased understanding and awareness of business line managers’ responsibility for risk assessment and management activities in their daily decisions making processes and procedural guidance as it relates specifically to BSA/AML risks.
• In concert with the ERM function & VP of BSA Risk Management & BSA/AML Manager, provide advice and consult with line managers to support more information risk-based thinking and decision-making skills.

BSA/AML Risk Management Function:

• Establish strong collaboration and sharing of expertise/knowledge between team members and the other areas under ERM and in conjunction with Internal Audit’s assurance services.
• Responsible for reviewing account opening documentation and information gathered at account opening, for both individuals and business entities to independently determine if all aspects of the CIP (Customer Information Program) are being followed.
• Autonomously detect exceptions in the account opening process and documentation and be able to categorize them as a Procedure Error or a violation of CIP regulations
• Regular monitoring, tracking, and reporting of exceptions to client’s Customer Identification Program (CIP) which are identified during the account opening process.
• Ensures all required documentation related to entities that have been identified as needing additional due diligence items has been obtained, is completed accurately, and is retained in the BSA/AML software.
• Keeps abreast of new money laundering schemes to enhance transaction monitoring (e.g., best practices in the industry).
• Responsible for performing the Currency Transaction Report (CTR) reporting and quality control processes, with strict adherence to accuracy, completeness, and timeliness of submission.
• Regular monitoring of the CTR dashboard in the BSA/AML software to ensure all submissions are accepted by FinCEN.
• Ensures adequate documentation exists and is retained in the BSA/AML software to support CTR filings.
• Assists in completing reviews of Sanctions/Watch List alerts and notifications generated from various governmental lists (i.e., OFAC, 314(a_, and Politically Exposed Persons lists), determine if there is an exact match, and ensures matches are reported to management within required timeframes.
• Responsible for working independently to identify issues and to proactively keep the BSA/AML Manager and/or the VP of BSA Risk Management informed of notable activities/situations that need to be escalated.
• Develop/maintain inter-departmental colleague network and individual knowledge to keep abreast of existing/emerging trends within the financial institution industry to proactively mitigate similar risks to the client.
• Works closely with the BSA/AML Manager and team, and the rest of the credit union, to promote a sense of teamwork and an enterprise-wide proactive risk mitigation approach.
• Ensure deadlines are met consistently and follow-up activities are completed timely.
• Successfully complete all required training and assessments (e.g., BSA, Compliance, Information Security, Sexual Harassment, Diversity training, etc.).
• Maintain strong working proficiency in various business-related systems (e.g., ATLAS, Verafin, CLEAR, Client Workstation, etc.).
• Maintain moderate to high proficiency in Microsoft Word (including knowledge of producing form letters and mail merges) and Excel (including use of pivot tables and general data sorting/data table manipulation capabilities.)
• Consistently communicates with the highest level of professionalism with members, judicial/legal entities, external entities, client employees, etc.
• Assist, VP of BSA Risk Management & BSA/AML Manager in enhancing and providing applicable BSA/AML training throughout the organization.
• Participate in training with BSA/AML Specialists and/or Investigators in all job duties of the BSA Department to prepare for future career advancement.

EDUCATION & JOB REQUIREMENTS:

• High School Diploma or a GED equivalency is required
• An Associate degree in a business curriculum or a related field is preferred.

EXPERIENCE:

• 1 – 3 years of retail banking related experience OR
• 6 months to two (2) years or more experience in a BSA/AML compliance role.

KNOWLEDGE & SKILLS:

• Maintain an understanding of cleint’s overall business plan objectives.
• Competent knowledge and experience with BSA/AML requirements (i.e., Bank Secrecy Act, AML/CIP/OFAC, USA PATRIOT Act, etc.).
• Competent PC skills and working knowledge of various software applications (e.g., Word, Excel, Access, etc.) is required.
• Display excellent written, report writing and oral communication skills when interacting through the organization, with vendors and others external to the client.
• Maintain professional composure, objectivity and fairness when dealing with conflicts and sensitive matters.
• Display attention to detail and accuracy, ability to multi-task and meet established deadlines.

CERTIFICATIONS:

• A professional BSA/AML certification is preferred.
• Obtain necessary continuing professional education hours to retain professional certification as applicable and continuously build individual knowledge.

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Job Types: Full-time, Contract

Pay: $25.00 - $28.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance

Work Location: Hybrid remote in Jacksonville, FL 32202

Salary : $25 - $28