FIU BSA Intern

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

The FIU BSA Intern will perform a variety of duties related to the operations of the Financial Intelligence Unit (FIU) including:

• Review and investigate transaction monitoring alerts generated by the Bank’s financial intelligence systems, including the AML management system and other fraud/suspicious activity monitoring systems and reports.
• Gather, analyze, and document information related to potential suspicious or fraudulent activity, following FIU procedures and regulatory expectations.
• Assist in preparing case summaries and supporting documentation for internal review and potential regulatory reporting.
• Ensure that case records, documentation, and reports are complete, accurate, and maintained in accordance with regulatory requirements and bank policy.
• Assist in testing and validating FIU systems including AML and fraud monitoring platforms.
• Participate in assessing system performance and effectiveness (e.g., alert performance, data quality reviews, user testing under supervision).
• Work with various business lines and departments to obtain information, clarify customer activity, and support investigations.
• Keep the FIU management appraised of situations that may impact the effectiveness of the FIU functions.
• Work with other business lines and departments as needed.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.
• Perform other duties and special projects as assigned.

• As a member of the Financial Intelligence Unit (FIU), this position is also responsible to provide assistance wherever necessary to help the FIU and the Bank achieve various goals.

Education/Training:

• Current college junior or senior pursuing a degree in Economic Crime Investigation, Criminal Justice, Economics, Accounting, Mathematics or Data/Analytics, or a related field focused on financial crime or risk management.
• Minimum GPA requirement of 3.0.
• Alternate backgrounds may be considered with relevant experience, training, or coursework.
• Must be 18 years of age or older.

Skills:

• Excellent written and verbal communication skills, including clear documentation of findings.
• Strong analytical and problem-solving skills.
• Demonstrated ability to handle confidential information with discretion and maintain high ethical standards.
• PC proficiency, especially in Microsoft Word and Excel.

Hours: 20 hours a week

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable…