AML / CFT Analyst Temporary

Job Description

Mission Bank has two openings for the position of AML / CFT Analyst TEMP that will Assist the AML / CFT Officer in ensuring adherence to the BSA / AML compliance program. The position is expected to be for 3 to 6 months and is full-time in Bakersfield. The AML / CFT Analyst TEMP will be responsible for conducting BSA / AML investigations, due diligence and tracking, analyzing alerts and incidents generated for unusual activity, and assist branches affected by BSA Compliance issues & Regulatory requirements.

Essential Responsibilities, include but not limited to :

• Assist with the alert workload and the monitoring for suspicious patterns / activity and fraud, conduct suspicious activity report investigations, as well as high risk customer / account reviews, and recommend when to file and not file Suspicious Activity Reports (SARs). May assist in the filing of SARs when necessary.
• Conduct enhanced due diligence reviews which entails research, the gathering of documents, composing a well written narrative, making appropriate recommendations, and assigning appropriate risk factors.
• Perform 90-day SAR follow up reviews; recommending whether continuing activity SAR should be completed.
• Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory deadline of 15 days.
• Ensure proper identification and adherence to the Bank's BSA Program including, but not limited to; CIP, CDD / EDD / BO, OFAC and record keeping and retention requirements.
• Ensure BSA files remain current, accurate, and well-documented.
• Assist with gathering information for the Money Laundering Risk (MLR) reporting process.
• Participate in ongoing training to maintain current knowledge of BSA / AML and OFAC regulatory requirements.
• Assist in the compliance of 314(a) and 314(b) responsibilities.
• Monitor potential OFAC matches and take appropriate action to escalate them when necessary.
• Other duties may be assigned by the AML / CFT Officer.

Complies with federal and state regulations and all established bank policies and procedures

Experience and Skills

Minimum Requirements :

Target Compensation : $22 hourly, depending on experience.