What are the responsibilities and job description for the Senior AML/CFT Analyst position at Mission Bank?
Job Description
We are seeking a Senior Analyst to join our AML/CFT department!The Senior AML/CFT Analyst is responsible for assisting the AML/CFT Officer and Assistant Officer in the administration, monitoring and ongoing improvement of the Bank's BSA/AML/OFAC Program to ensure compliance with BSA, AML, CTR and OFAC requirements in all areas of the Bank. Works in conjunction with AML/CFT Analysts to monitor and investigate suspicious activity, complete customer due diligence, and complete high-risk reviews. Collaborates with AML/CFT Officer and Assistant Officer with enhancements to Bank's AML/CFT system of internal controls to ensure ongoing compliance, including monitoring, documenting, obtaining a satisfactory audit and exam results. Effective interpersonal, verbal, and written communication skills. Proficient in Excel.
Responsibilities Include, But Are Limited To
Minimum Requirements:
Mission Bank is an Equal Opportunity Employer and with opportunities for advancement. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected categories.
EEO is the law - Click here for more information.
Keyword: Senior AML/CFT Analyst
We are seeking a Senior Analyst to join our AML/CFT department!The Senior AML/CFT Analyst is responsible for assisting the AML/CFT Officer and Assistant Officer in the administration, monitoring and ongoing improvement of the Bank's BSA/AML/OFAC Program to ensure compliance with BSA, AML, CTR and OFAC requirements in all areas of the Bank. Works in conjunction with AML/CFT Analysts to monitor and investigate suspicious activity, complete customer due diligence, and complete high-risk reviews. Collaborates with AML/CFT Officer and Assistant Officer with enhancements to Bank's AML/CFT system of internal controls to ensure ongoing compliance, including monitoring, documenting, obtaining a satisfactory audit and exam results. Effective interpersonal, verbal, and written communication skills. Proficient in Excel.
Responsibilities Include, But Are Limited To
- Work closely/well with business banking centers to understand client needs and opportunities from a holistic perspective to assure risk analysis and recommendations are well informed.
- Compile and deliver quantitative data needed to support management reporting and the risk assessment. Quantitative data are any metrics that are measured and monitored to support the Bank's BSA/AML/OFAC program.
- Review and provide first level approval of all SAR's when the AML/CFT Officer and Assistant Officer is not available. Review, approve and ensure timely submission of all CTR filings and 314(a)/314(b) requests, when the AML/CFT Officer and Assistant Officer is not available.
- Perform thorough due diligence reports for higher risk clients and client opportunities and communicate results in a professional and collaborative manner
- Sustain a current awareness of the regulatory environment and emergent regulatory and financial crime risks that may impact the bank's products/services, and BSA/AML controls
- Maintain effective channels of communication and collaboration with business units to understand BSA/AML, and OFAC risks
- Assist AML/CFT Officer and Assistant Officer in acting as an escalation point for the AML/CFT department in order to resolve issues, cases, alerts, etc. Work on complex issues where analysis of situation or data requires and in-depth evaluation of variables
- Work with the officers to perform an assessment of potential BSA/AML and OFAC risks related to new business and product lines (new products, services, customer segments and geographic footprint)
- Review case files prepared by AML/CFT analysts to include approval of conclusions/justifications and report recommendations to AML/CFT Officer and Assistant Officer for SAR filings
- Stand in for AML/CFT Officer and Assistant Officer in board and committee meetings when they are unavailable.
- Oversee and implement training of bank employees on BSA/AML/OFAC related topics
- Review, audit, and certify OFAC reports and messages.
- Review CTRs for accuracy and make necessary changes to file.
- Review cash reports for suspicious activity
- Monitor MSB accounts for documentation; review & analyze account activity
- Performs all other duties as assigned
Minimum Requirements:
- 5 years banking experience
- Possess strong written/verbal communication skills as well as excellent organizational/time management skills.
- Proficient in excel
- Detail oriented
- Strong ability to analyze and synthesize large amounts of data.
- Ability to work with minimal supervision while performing duties.
- CAMS certification
- Experience in a Senior role in BSA/AML/CFT department
- Ability to conduct extensive research and apply data to improve AML/CFT Program
- Strong knowledge of AML/CFT compliance
Mission Bank is an Equal Opportunity Employer and with opportunities for advancement. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected categories.
EEO is the law - Click here for more information.
Keyword: Senior AML/CFT Analyst
Salary : $93,000