[Hiring] AML/CFT Analyst II @FFB Bank

Role Description

The AML/CFT Analyst II supports the Director of AML/CFT in the implementation and administration of the AML/CFT compliance program. The AML/CFT Analyst II performs various quality control reviews and monitoring pertaining to the Bank Secrecy Act, USA PATRIOT Act, Anti-Money Laundering Program, OFAC and Customer Identification programs using industry standards and regulatory guidance to ensure the bank’s compliance efforts are maintained daily.

• Maintains proficient knowledge of current AML/CFT and OFAC regulations, as well as all applicable federal and state laws and bank policies and procedures.
• Reviews daily cash reports to identify, and file required Currency Transaction Reports (CTRs), within required time limits.
• Maintains files and documentation for CTR exempt customers.
• Monitors AML/CFT software daily alerts, trends, and potential unusual or suspicious activities.
• Investigates daily alerts and referrals to identify and report suspicious activity on simple to moderately complex cases.
• Prepares and files Suspicious Activity Reports (SARs), as appropriate, based on alerts and referrals.
• Maintains supporting documentation for all SARs and potential SARs.
• Performs timely periodic review and analysis of high-risk customers.
• Performs callback of all new deposit accounts to ensure appropriate CIP/CDD/ADD and risk score requirements are followed.
• Ensures all supporting documentation for legal entity customers are scanned and maintained in the core system.
• Prepares monthly reports for the Director of AML/CFT, covering key areas including high-risk customer reviews, CIP/CDD/EDD callback errors, SARs and PSARs filed, and CTRs filed.
• Provides feedback to the Director of AML/CFT for potential control weaknesses, staff training needs, policy, or procedure enhancements and/or ongoing system errors.
• Monitors record retention.
• Supports the implementation of training programs related to AML/CFT policies, procedures, and compliance.
• Contributes to the development of bank forms, notices, and procedures to ensure adherence to AML/CFT regulations.
• Aids in the preparation and updating of the AML/CFT Risk Assessment, policies, and procedures.
• Assists in managing the AML/CFT software monitoring system.
• Assists in the preparation and coordination of independent audits and regulatory exams.
• Provides guidance and research support to bank staff on AML/CFT-related inquiries.
• Manages and monitors AML/CFT staff high risk analysis to ensure zero late filings and analytical reviews.
• Manages and monitors 314(a) and 314(b) requests.
• Manages and monitors OFAC screenings to determine potential OFAC matches.
• Provides cross-training to AML/CFT staff and junior staff on software and AML/CFT processes.
• Monitors regulatory updates as related to AML/CFT, including FinCEN, OFAC, FDIC and other regulatory agencies.
• Prepares and publishes Compliance bulletins and information related to AML/CFT updates and changes.
• Embodies the TRAC Values and Critical Behaviors (Teamwork, Relationship, Authenticity, Commitment) as core principles, using them to guide daily interactions and decision-making.
• Completes administrative tasks with a sense of urgency, including required Bank Compliance Training.
• Responds to internal and external inquiries via email, phone, or messaging platforms in a timely and professional manner.
• Positively represents the Bank through ethical conduct and community involvement.
• Demonstrates an understanding of and commitment to EEO policies.
• Fosters a respectful, inclusive workplace by valuing cultural differences, preventing harassment of any kind, and supporting a diverse workforce.
• Ensures adherence to all Bank policies, procedures, and processes, along with applicable state and federal laws, rules, and regulations, ensuring confidentiality and data privacy while carrying out AML/CFT responsibilities specific to the role.
• Performs duties in an office or home office environment, involving tasks such as writing, typing, speaking, lifting moderate weights, and operating office equipment.
• The position requires physical activities like sitting, walking, and reaching. Reasonable accommodation can be made for individuals with disabilities to perform essential functions.
• Travels up to 10%, including but not limited to attending company meetings, training sessions, and corporate events, with travel typically being regional or local based on business needs.

Qualifications

• Bachelor’s degree from an accredited college or university in a relevant field (e.g., Business, Finance, or related) preferred.
• ACAMS or similar certification required.
• Minimum 3–5 years of related experience in a financial institution working in risk management, compliance or AML required.
• Proficient analytical and problem-solving skills; capable of interpreting complex data and providing meaningful insights.
• Experience with CSI and Verafin preferred.
• Proficiency with Microsoft Office Suite (Excel, Word, Outlook) required.
• Intermediate knowledge of AML/CFT monitoring software.
• Effective oral, written, and interpersonal communication skills.
• Strong organizational and time management abilities with attention to detail.
• Proficient teamwork and relationship skills to contribute to cross-functional collaboration and team success.
• Willingness to take on special projects and perform other duties as assigned.
• Commitment to continuous learning and professional development.
• Ability to maintain authenticity and integrity in all professional interactions.
• Capable of managing multiple priorities and meeting deadlines in a dynamic environment.
• Ability to work independently with minimal supervision and as part of a team.
• Proven ability to adapt to changing priorities and procedures.
• Current driver’s license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities.

Benefits

• Medical, dental, and vision coverage.
• Life insurance.
• Paid vacation.
• 401(k) retirement plan.
• Training & development opportunities.
• Tuition reimbursement.
• Employee Assistance Program.
• Internal job postings and referral program.