AML Investigations Analyst - Surveillance

AML Investigations Analyst - Surveillance

Mechanics Bank is currently searching for an AML Investigations Analyst - Surveillance to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This person will be working on-site in Roseville, California.

Under general supervision, the AML Analyst is responsible for detecting possible illicit activity conducted through the Bank. The position is responsible for account identification, analyzing and escalating to the Investigations team any transactions believed to be associated with unusual and suspicious account activity such as potential fraud, structuring, money laundering, or/and terrorist financing in accordance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations.

This position requires attention to detail, as well as analytical skills to identify suspicious activity.

• Detects and investigates complex transaction monitoring alerts to identify trends and potential suspicious activity produced by the AML software system, various transaction monitoring reports and/or referrals from other areas of the Bank and makes determination on appropriate course of action.
• Completes written narrative upon researching and analyzing transaction monitoring alerts and makes recommendations for further investigation, if warranted.
• Exercises solid judgment on examining information, and document suspicious activity, behaviors and/or patterns.
• Corresponds with business units and branches for clarification of the activities conducted and obtain supporting documentation.
• Maintains an understanding of the BSA/AML compliance requirements.
• Completes ongoing Bank required training to maintain knowledge of federal and state laws and regulations, including BSA, AML and OFAC, along with the Bank's policies and procedures.
• Attends seminars, webinars, and other outside compliance training, as directed by management.
• Establishes and maintains effective liaison and communication with business units, operational units and any other employee of the bank to enhance resolution efforts.
• Corresponds with business units and branches for clarification of the activities conducted and obtain supporting documentation.
• Follows policies and procedures; completes tasks correctly and on time; supports the company's goals and values.
• Perform other duties and responsibilities as assigned.

• High School diploma or GED is required.
• 2 years of experience in the financial industry is required.
• 2 years of experience using a BSA/AML/Fraud detection system preferred.
• Preferred:
  Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE).

• 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.
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls.
• The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.
• The employee must occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job include close vision.
• The noise level in the work environment is usually moderate.

#LI-DNI

Pay: $30.00 - $37.00 hourly

AIP/Bonus: up to 5%

Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.

Benefits package includes:

• Medical, prescription, dental, and vision coverage for employees and their eligible family members
• Employer paid Employee Assistance Program, Life Insurance, AD&D, and…