AML​/CFT Analyst II

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FFB, a dynamic and acclaimed single-branch bank born in 2005, is on a mission to redefine the banking experience. We celebrate diverse talents across the country and seek individuals who align with our vision regardless of location.

The AML/CFT Analyst II supports the Director of AML/CFT in implementing and administering the compliance program. Responsibilities include quality control reviews and monitoring related to the Bank Secrecy Act, USA PATRIOT Act, OFAC, and Customer Identification programs, ensuring daily compliance.

• Maintain proficient knowledge of current AML/CFT and OFAC regulations, all applicable federal and state laws, and bank policies and procedures.
• Review daily cash reports to identify and file required Currency Transaction Reports (CTRs) within required time limits.
• Maintain files and documentation for CTR exempt customers.
• Monitor AML/CFT software daily alerts, trends, and potential unusual or suspicious activities.
• Investigate daily alerts and referrals to identify and report suspicious activity on simple to moderately complex cases.
• Prepare and file Suspicious Activity Reports (SARs), as appropriate, based on alerts and referrals.
• Maintain supporting documentation for all SARs and potential SARs.
• Perform timely periodic review and analysis of high-risk customers.
• Perform callback of all new deposit accounts to ensure appropriate CIP/CDD/ADD and risk score requirements are followed.
• Ensure all supporting documentation for legal entity customers is scanned and maintained in the core system.
• Prepare 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.
• Provide feedback to the Director of AML/CFT for potential control weaknesses, staff training needs, policy, or procedure enhancements and/or ongoing system errors.
• Monitor record retention.
• Support the implementation of training programs related to AML/CFT policies, procedures, and compliance.
• Contribute to the development of bank forms, notices, and procedures to ensure adherence to AML/CFT regulations.
• Aid in the preparation and updating of the AML/CFT Risk Assessment, policies, and procedures.
• Assist in managing the AML/CFT software monitoring system.
• Assist in the preparation and coordination of independent audits and regulatory exams.
• Provide guidance and research support to bank staff on AML/CFT-related inquiries.
• Manage and monitor AML/CFT staff high-risk analysis to ensure zero late filings and analytical reviews.
• Manage and monitor 314(a) and 314(b) requests.
• Manage and monitor OFAC screenings to determine potential OFAC matches.
• Provide cross-training to AML/CFT staff and junior staff on software and AML/CFT processes.
• Monitor regulatory updates as related to AML/CFT, including FinCEN, OFAC, FDIC and other regulatory agencies.
• Prepare and publish 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.
• Complete administrative tasks with a sense of urgency, including required Bank Compliance Training. Respond to internal and external inquiries via email, phone, or messaging platforms in a timely and professional manner. Positively represent the Bank through ethical conduct and community involvement.
• Demonstrate an understanding of and commitment to EEO policies. Foster a respectful, inclusive workplace by valuing cultural differences, preventing harassment of any kind, and supporting a diverse workforce.
• Ensure 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.
• Perform 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…