AML Surveillance EDD & CDD Analyst

About us:

Job Type
Full-time

Connect One Bank proves that putting people first is a better way to do business. At Connect One, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.

Connect One is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.

People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At Connect One, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.

Connect One Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.

The AML Surveillance EDD & CDD Analyst analyzes information on banking transactions with regard to BSA, AML, and SAR regulations and requirements and completes all reports as necessary.

• Support the Bank’s “client first” focus and rules of engagement - maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”.
• Investigate Customer Due Diligence Alerts from our AML Systems and either clear alerts with proper supporting documentation or elevate for Suspicious Activity Reports (SARs) filing.
• Ensure effective transaction monitoring and client account oversight is implemented to identify suspicious transactions for reporting.
• Review and analyze all accounts to identify possible suspicious activity and elevate cases as necessary.
• Assist in the development of statistical reports to supplement the Bank’s current BSA/AML Solution.
• Conduct reviews for enhanced due diligence high risk clients. Review all related relationships and detail all areas in a comprehensive narrative.
• Monitors client accounts and prepare detailed investigations for Suspicious Activity Reports (SARs) filing.
• Perform scheduled reviews of critical areas where non-compliance could lead to civil and criminal liability.
• Assist with the updating and maintenance of a BSA/AML Compliance Procedures ensuring compliance with all Federal and state regulations.

• Expert knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E and US PATRIOT Act.
• Familiarity with Bank security and safety practices.
• Strong analytical and communication skills.
• Strong knowledge of Word, Excel and Power Point.
• Proficiency with IBS, Vision Archive, OnBase, And Verafin
• Strong “People First” interest and ability.
• College degree preferred.
• Minimum 3-5 years BSA experience

• World class health, vision, and dental benefits on day one
• 401k with employer match
• Hybrid work from home (depending on role)
• Employee appreciation events (team building, softball games, food truck days, etc..)
• Employee assistance programs (EAP)
• Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
• Tuition reimbursement
• Employee Discount perks
• CNOB Community Service Events

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