AML / CFT Analyst

Anti-Money Laundering / Counter-Terrorist Financing Analyst

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

• Conduct reviews and complete documentation with the highest level of quality, accuracy, and attention to detail.
• Conduct comprehensive CDD / EDD reviews / investigations on high risk customers including in accordance with CDD procedures.
• Demonstrate knowledge of money laundering and terrorist financing typologies to recognize unusual / suspicious activity.
• Determine whether alerts should be escalated to the investigation group based on Northwest policies and procedures.
• Collect, analyze, and safeguard sensitive information concerning the customers of Northwest.
• Effectively maintain customer and case files, records, and related documentation.
• Promptly notify supervisors of any instances of non-compliance with the AML, BSA, and OFAC regulations.
• Adhere to the performance metrics provided by Northwest management and continue education to stay current with AML / CFT regulatory expectations.
• Provide clerical support to the AML / CFT Team when required.

Additional Essential Functions

Safety and Health for those without supervisory duties

Qualifications

General Employee Knowledge, Skills, and Abilities

Additional Knowledge, Skills and Abilities

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.