Senior AML / CFT Compliance Analyst

Senior AML / CFT Compliance Analyst

The Senior AML / CFT Compliance Analyst is responsible for conducting complex investigations, quality assurance reviews, due diligence reviews, and data analysis to ensure compliance with Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regulations. This role combines investigative skills, quality assurance expertise, and analytical capabilities to identify, assess, and mitigate financial crime risks. The analyst will lead investigations, conduct thorough reviews of client activity, perform comprehensive evaluations of AML / CFT processes, and provide recommendations for enhancing the bank's overall risk mitigation capabilities.

Responsibilities

Investigations and Enhanced Due Diligence - Manage and investigate complex cases of suspicious financial activity. Conduct thorough Enhanced Due Diligence (EDD) reviews for higher risk clients. Analyze transaction patterns and client profiles to identify potential sanctions violations, money laundering or terrorist financing risks.

Quality Assurance and Testing - Develop and conduct testing of AML / CFT policies, procedures, and controls. Identify potential issues, exceptions, or patterns within the overall AML / CFT program. Provide independent assessments of AML / CFT programs, policies, and procedures to management.

Reporting and Documentation - Prepare comprehensive Suspicious Activity Reports (SARs) and due diligence reviews in accordance with federal regulations. Develop detailed investigation reports, case summaries, and risk assessments. Produce quality assurance reports and recommendations for process improvements (add- compile and organize reporting for senior leadership).

Data Analysis and Trend Identification - Analyze complex data sets to identify trends, patterns, and potential risks. Develop and maintain data analytics tools and dashboards for AML / CFT monitoring. Contribute to the enhancement of transaction monitoring systems, alert scenarios, and sanctions screening tools.

Regulatory Compliance and Expertise - Maintain expert knowledge of AML / CFT regulations, industry trends, and best practices. Serve as a subject matter expert on AML / CFT issues for less experienced team members. Participate in industry events and stay informed about evolving financial crime typologies.

Qualifications

Bachelor's Degree and 2 years of experience in AML / CFT compliance, investigations, or related field; Strong understanding of BSA / AML regulations, OFAC, and KYC requirements; Experience with AML / CFT software, data analytics tools, and case management systems OR High School Diploma or GED and 6 years of experience in AML / CFT compliance, investigations, or related field; Strong understanding of BSA / AML regulations, OFAC, and KYC requirements; Experience with AML / CFT software, data analytics tools, and case management systems

Preferred Area of Study : CAMS certification

License or Certification Type : null null

Skill(s) : AML / CFT regulatory knowledge, Investigative techniques, Data analysis and interpretation, Quality assurance methodologies, Financial crime risk assessment