Note: The job is a remote job and is open to candidates in USA. First Citizens Bank is seeking a Senior AML/CFT Compliance Analyst to support its financial crime compliance program. The role conducts complex investigations, enhanced due diligence, quality assurance testing, regulatory reporting, and data analysis to identify and mitigate AML/CFT risks and improve compliance processes.
Responsibilities
- Investigations and Enhanced Due Diligence - Manage and investigate complex cases of suspicious financial activity. Conduct thorough Enhanced Due Diligence (EDD) reviews for higher risk clients. Analyze transaction patterns and client profiles to identify potential sanctions violations, money laundering or terrorist financing risks
- Quality Assurance and Testing - Develop and conduct testing of AML/CFT policies, procedures, and controls. Identify potential issues, exceptions, or patterns within the overall AML/CFT program. Provide independent assessments of AML/CFT programs, policies, and procedures to management
- Reporting and Documentation - Prepare comprehensive Suspicious Activity Reports (SARs) and due diligence reviews in accordance with federal regulations. Develop detailed investigation reports, case summaries, and risk assessments. Produce quality assurance reports and recommendations for process improvements (add- compile and organize reporting for senior leadership)
- Data Analysis and Trend Identification - Analyze complex data sets to identify trends, patterns, and potential risks. Develop and maintain data analytics tools and dashboards for AML/CFT monitoring. Contribute to the enhancement of transaction monitoring systems, alert scenarios, and sanctions screening tools
- Regulatory Compliance and Expertise - Maintain expert knowledge of AML/CFT regulations, industry trends, and best practices. Serve as a subject matter expert on AML/CFT issues for less experienced team members. Participate in industry events and stay informed about evolving financial crime typologies
Skills
- AML/CFT regulatory knowledge
- Investigative techniques
- Data analysis and interpretation
- Quality assurance methodologies
- Financial crime risk assessment
- Bachelor's Degree and 2 years' experience OR High School Diploma or GED/Equivalent and 6 years' experience in Experience in AML/CFT compliance, investigations, or related field
- Strong understanding of BSA/AML regulations, OFAC, and KYC requirements
- Experience with AML/CFT software, data analytics tools, and case management systems
- CAMS certification
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