Job Description
The Anti-Money Laundering / Counter-Terrorist Financing (AML / CTF) Analyst conducts preliminary transaction monitoring reviews or Customer / Enhanced Due Diligence (CDD / EDD) reviews for the purpose of identifying activity that is potentially suspicious and to ensure the Bank effectively understands customer risk and expected transactions according to Know Your Customer guidelines. The reviews are based on alerts generated through Northwest's automated transaction monitoring system in adherence to AML compliance functions and processes, determining when a review or investigation warrants escalation for SAR consideration, and documenting review details. This position acts with strong adherence to procedures associated with transaction monitoring, CDD, and the Bank Secrecy Act (BSA). This individual provides subject matter expertise to others within and outside the Financial Crimes department, and moderate guidance and input for the transaction monitoring and CDD teams regarding adherence to AML compliance functions and processes.
Essential Functions
Additional Essential Functions
Safety and Health for those without supervisory duties
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Bachelor's Degree College or equivalent
Work Experience
Less than 1 year AML / CFT, BSA, OFAC law and regulations
Less than 1 year Branch banking or banking operations
Less than 1 year Other financial crimes related experience
General Employee Knowledge, Skills, and Abilities
Additional Knowledge, Skills and Abilities
Ability to establish effective working relationships among team members and participate in solving problems and making decisions Working
Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written Working
Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information Working
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Analyst • Warren, PA, United States