Employee is responsible for understanding and performing their duties in a manner which is consistent with the Bank Secrecy Act, (BSA), Anti-Money Laundering Act (AML) and Office of Foreign Assets Control Regulations (OFAC). This includes understanding any responsibilities outlined under the Bank’s BSA Program, participating in any required training and promptly complying with all reporting requirements.
- Monitors alert transactions through the Banks’ transaction monitoring software as it relates to BSA and AML to identify unusual or suspicious account activity and / or financial crime patterns.
- Responsible for Case Investigations and Enhanced Due Diligence (“EDD”) reviews for higher risk clients.
- Review, analyze, and assists in making risk rating decisions or changes on client accounts and relationships.
- Conduct analysis on transactional data and alert monitoring to make determinations of irregular activity through understanding of historical client activity and regulatory definitions of suspicious activity.
- Responsible for Case narratives and initial Suspicious Activity Report (SAR) recommendations and write-ups.
- Ensures the Bank is in compliance with OFAC regulations. Monitors Bank’s OFAC software system to ensure adherence to OFAC Policy and procedures.
- Research BSA regulatory issues and respond to compliance questions from Bank personnel, utilizing legal and regulatory reference materials and consulting with the BSA Office Management.
Tipo de puesto: Jornada completa
Salario: $1.00 - $2.00 al mes
Horario:
- Turno matutino
Experiência:
- Antilavado de dinero: 3 años (Obligatorio)
Idioma:
- Inglés (Obligatorio)
Licencia/Certificación:
- Antilavado de dinero (Obligatorio)
Lugar de trabajo: Empleo remoto