AML​/CFT Analyst

AML/CFT Fraud Analyst

Border Bank is looking for an AML/CFT Fraud Analyst. This position may be located at any of our current Border Bank locations in Fargo, North Dakota, Badger, Baudette, Clearbrook, Coon Rapids, Greenbush, International Falls, Middle River, Roseau, or Thief River Falls, Minnesota.

The AML/CFT & Fraud Analyst plays a critical role in detecting, investigating, and preventing fraudulent activity across all banking channels. The role ensures compliance with the Bank Secrecy Act, Anti-Money Laundering (AML) regulations, and related laws, working closely with internal teams and external partners to protect customer assets, maintain robust customer due diligence, and uphold regulatory standards.

• Monitor and investigate transaction activity across deposit, loan, and digital banking platforms for signs of fraud or AML/CFT violations and escalate.
• Investigate suspicious account behavior and unauthorized transactions, escalating suspicious activity.
• Collaborate with Compliance, IT, and Customer Service teams to resolve fraud cases and mitigate risk.
• Analyze fraud trends and contribute to the development of detection rules and prevention strategies.
• Prepare and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) in accordance with regulatory timelines.
• Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews, including periodic risk assessments.
• Assist in the implementation of BSA/AML software and tools.
• Help maintain and update Fraud & AML/CFT policies, procedures, and risk models.
• Educate staff and customers on fraud prevention best practices.
• Stay current on changes to all regulatory and industry best practices.

• Bachelor's degree in Finance, Criminal Justice, Business, or related field, or equivalent experience.
• 2+ years of experience in Fraud & AML/CFT compliance or financial crimes investigation.
• Preference for experience with BSA/AML software (e.g., Verafin, BAM+, FIS, or similar).
• Proficiency in Excel, SQL, or data visualization tools for analytic reporting.

• Paid Time Off & Paid Holidays
• Childbirth Recovery Leave & Parental Leave
• Health, Dental, & Vision Insurance
• Flexible Spending Account HSA + Employer Contribution
• 401(k) + Employer Match
• Bank paid Life Insurance & Long-Term Disability
• Globe Life - Accidental Injury Insurance, Heart and Stroke Insurance, Cancer Insurance, Intensive Care Insurance
• Hospital Indemnity Insurance, Critical Illness Insurance, Cancer Insurance, Accident Insurance, Life Insurance, Disability Insurance
• Employee Assistance Program (EAP)
• Wellness Dollars
• Education Assistance and more!

• Seniority level:
  Entry level
• Employment type:
  
  Full-time
• Job function:
  Finance and Sales
• Industry: Banking