AML/CFT Specialist
Job in
Santa Fe, Santa Fe County, New Mexico, 87505, USA
Listed on 2026-06-02
Listing for:
Century Bank
Full Time
position Listed on 2026-06-02
Job specializations:
-
Finance & Banking
Regulatory Compliance Specialist, Financial Compliance, Financial Crime
Job Description & How to Apply Below
Reports To - AML/CFT Director
Department - Risk Management - AML/CFT
FLSA Status - Non-Exempt
PURPOSE OF POSITION
The AML/CFT Specialist will support the daily management of all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Office of Foreign Assets Control (OFAC) program management.
OVERALL DUTIES AND RESPONSIBILITIES
- Make procedural recommendations for Retail Banking and Deposit Operations. Assists the AML/CFT Director in coordinating procedural changes with branch offices and other departments within the bank.
- Assist bank employees by answering questions, resolving problems/issues, and assisting with complex matters related to AML/CFT.
- Maintain current knowledge of AML/CFT regulations, the Bank Secrecy Act, the USA Patriot Act, OFAC and other related regulations.
- Review system generated alerts for suspicious or unusual activity and escalate findings as needed.
- Conduct preliminary investigations related to potential SAR filings and make recommendations to the AML/CFT SAR Committee.
- Support Enhanced Due Diligence (EDD) reviews for higher-risk customers under guidance from AML/CFT Director.
- Attends training regularly to broaden knowledge about AML/CFT and related regulations.
- Other AML/CFT duties include:
- Currency Transaction Reporting
- Monetary Instrument Reporting
- Review CTR exemptions and maintain proper records to support exempt status.
- Process Subpoenas & Summons
- Review new consumer and business accounts for CIP compliance and risk.
- Approve OFAC matches as needed.
LEVEL I DUTIES AND RESPONSIBILITIES IN ADDITION TO THE ABOVE
- Review new accounts for CIP and account documentation - Commercial and Consumer.
- Assist front line branch personnel by providing CIP documentation guidance and assistance.
- Assist in preparing and filing Currency Transaction Reports (CTRs).
- Review CTR exemptions and maintain proper records to support exempt status.
- College degree preferred.
- Broad banking experience; minimum of 1 year.
- Working knowledge of banking laws and regulations pertaining to BSA/AML/CFT.
- Ability to attain a professional BSA/AML certification, if not already achieved.
- Ability to organize tasks and work with minimal supervision.
- Excellent oral and written communication skills.
- Assist in resolving potential OFAC matches and know the correct actions for a genuine match to a name on the lists.
- Provide training to employees in other departments to achieve understanding of AML/CFT requirements and bank policy and procedures.
- Provide guidance and support for junior departmental employees.
- Supports the AML/CFT department with the following tasks:
- Review CTR exemptions and maintain proper records to support exempt status.
- Monitor Yellow Hammer BSA, including monthly worklists and semi-annual risk rating.
- Monitor suspicious activity through various reports and software applications.
- Maintain SAR logs.
- College degree preferred.
- Extensive banking experience; minimum of 4 years.
- Thorough knowledge of banking laws and regulations pertaining to AML/CFT.
- Ability to read, comprehend, and analyze regulatory guidance.
- Attainment of professional AML/CFT certification, if not already achieved.
- Ability to organize tasks and work with minimal supervision.
- Excellent oral and written communication skills.
- Act as back-up for the AML/CFT Director.
- Oversee the AML/CFT Department in the AML/CFT Director's absence.
- Communicate with the branch managers regarding customer activities.
- Assist the AML/CFT Director in completing the following AML/CFT related tasks:
- Monitor Yellowhammer BSA including monthly worklists, semi-annual risk rating, etc.
- Monitor suspicious activity through various reports and software applications.
- Complete 314a reports and recordkeeping.
- Resolve potential OFAC matches and know the correct actions for a genuine match to a name on the lists.
- College degree required.
- Extensive related banking experience; minimum of 7 years.
- Thorough knowledge of banking laws and regulations pertaining to AML/CFT.
- Ability to read, comprehend, and analyze regulatory guidance.
- Possession and maintenance of professional AML/CFT certification; CAMs preferred.
- Ability to organize tasks and work with minimal supervision.
- Excellent oral and written communication skills.
- Microsoft Office proficiency.
- Comfort working in an electronic office environment.
- Ability to write cohesively and professionally.
- Strong computer skills.
- Ability to work across departments providing elevated customer service.
- Comfort with interactions with mid-level and upper management.
- Ability to work with highly confidential and sensitive information.
This is primarily a sedentary position that includes frequent standing, crouching, reaching, and pulling motions. Requires computer input with some repetitive motions.…
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