What are the responsibilities and job description for the AML/CFT Onboarding Coordinator position at Tompkins Community Bank?
***This position location is flexible to work at our Corporate Headquarters office in Ithaca, NY, or Amherst, NY or Batavia, NY, Brewster, NY or Wyomissing, PA. Selected candidate must be able to work in the office three (3) days a week.***
The AML/CFT Onboarding Coordinator leads the Bank’s Anti-Money Laundering (AML) Program onboarding process and assists in ensuring the Bank’s compliance with AML laws and regulations. The Onboarding Coordinator supports the Assistant AML Officer to manage the Bank’s Customer Information Program (CIP), Customer Due Diligence (CDD), Beneficial Ownership Information (BOI), and Office of Foreign Assets Control (OFAC) onboarding processes. The AML Onboarding Coordinator must be knowledgeable with Bank branch operations and CIP, CDD, BOI, and OFAC operations and requirements and be able to communicate effectively.
Responsibilities
Coordinate the Bank’s account onboarding procedures and processes for CIP, CDD, BOI, and OFAC.
Assist in the identification of high-risk customers, the appropriate CDD, and recommendation for high-risk customer monitoring.
Assist in resolving alerts from recently onboarded customers.
Lead initiatives for onboarding procedures, process, and control improvements
Help support 314(a), 314(b), and OFAC procedures, processes, and controls as well as assisting with responding to law enforcement requests.
Support the Assistant AML Officer to ensure completion of team assignments
Work with the AML team to ensure compliance with auditor and examiner requests.
Collaborate with internal stakeholders including legal, compliance, first-line business units, and other AML personnel.
Create and present materials to various Bank stakeholders at various levels.
Assist in the implementation of Verafin software as it pertains to onboarding parameters, workflows, testing, procedures, and other activities
All other duties as assigned
Qualifications
An Associate’s degree. A Bachelor’s degree is preferred
A minimum of 2-4 years’ related experience. Experience working with automated systems to detect and report suspicious activities
Professional certification relating to AML/CFT compliance from a recognized professional organization preferred
Understanding of banking transactions and federal regulations as well as the implications on complying with all laws and regulations relating to money laundering.
Excellent written and verbal communication skills
Proficient use of technology and software applications including Microsoft Office. Experience with Jack Henry’s suite of products and Verafin is preferred
In-depth knowledge of banking operations is preferred
Benefits
- Medical
- Dental
- Vision
- 401(k) Match
- Profit Sharing
- Paid Time Off
- 11 Holidays
- Tuition Reimbursement
- Free Parking throughout Tompkins Community Bank
- Employee Referrals
EEO Statement
Tompkins is committed to a policy of Equal Employment Opportunity ("EEO") with respect to all team members and applicants for employment and a work environment free from discrimination (including unlawful harassment) based on race, color, religion, sex, sexual orientation, transgender status, gender non-conformity, gender identity, gender expression, national origin, age, marital status, domestic violence victim status, disability, predisposing genetic characteristics, military or veteran status or status in any group protected by federal, state, or local law.
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Pay Range
USD $25.00 - USD $33.00 /Hr.
Salary : $25 - $33