Posted in General Business 10 days ago.
EDUCATION AND EXPERIENCE
High school diploma or equivalent. Bachelor's degree or equivalent work experience. One (1) to three (3) years of work experience in banking and/or financial investigations. BSA/AML experience preferred. ACAMS Certification preferred but not required.
KNOWLEDGE, SKILLS AND ABILITIES
Working knowledge and understanding of general OFAC, BSA/AML, and USA PATRIOT Act and risk management principles. Knowledge of core banking systems. Knowledge of BSA monitoring systems. Strong internet research skills. Strong verbal and written communication skills. Sound analytical and problem solving skills. Good organizational skills. High degree of accuracy and attention to detail. PC literate with proficiency in Microsoft Outlook, Microsoft Word and Microsoft Excel. Ability to work and contribute in a team-oriented and collaborative environment to improve the analytical and reporting processes. Ability to meet deadlines and manage multiple tasks in a fast paced environment.
NEW YORK COMMUNITY BANK.
Based in Westbury, NY, New York Community Bank is a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Ohio, Arizona and Florida. New York Community Bank serves customers through over 200 branches featuring a divisional structure: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves.
To learn more about the NYCB Family of Banks visit us at www.MyNYCB.com .
Help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.
NYCB is an equal opportunity employer that prohibits discrimination on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information and any other classification protected by applicable federal, state, or local law or ordinance.
This policy against discrimination applies to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. NYCB will consider reasonable accommodations for employees and applicants with disabilities, as well as accommodations that are necessary for an employee to practice their religious faith. JOB SUMMARY
A BSA/AML Analyst is responsible for maintaining certain aspects of the Bank's BSA/AML compliance program and assists in meeting and maintaining BSA/AML compliance requirements of the Bank. Complies with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), as well as adhering to the Bank's policies and procedures to reduce loss/risk to the Bank. Assigned to a team that is responsible for performing investigations that may range from routine to highly complex. Performs in depth research and detailed account analysis reviewing and investigating cases on the Bank's Case Management System. Assists in the monitoring and reporting of accounts where suspicious/unusual activity has been noted, and the review of AML Risk Assessment forms. Performs Continuing Activity Reviews, completes Suspicious Activity Reports and prepares case investigation documents for presentation at periodic account review and account closure meetings. Must possess excellent analytical skills and be able to handle multiple tasks concurrently.
Works on a team that reviews /investigates alerts and/or cases on the Bank's Case Management System. Team assignment may be structured according to skill level and complexity of work. Reviews CIP and KYC documents. Completes Continuing Activity Reviews. Completes Suspicious Activity Reports in a timely manner and in accordance with FinCEN's guidance and regulations. Performs due diligence on customer accounts and report negative findings to BSA management. Performs review of suspicious activity monitoring reports. Compiles case files with supporting documentation for each investigation. Reviews AML Risk Assessment Forms. Refers potentially suspicious activity for escalation and account closure where appropriate. Communicates with branch personnel and management to verify accuracy of customer information & determine if activity in question is expected for the particular type of customer, and are responsible to ensure all discrepancies are documented and resolved. Maintains a clear understanding of current regulatory BSA/AML requirements and guidance, including any updates/ enhancements. Contributes in a team-oriented and collaborative environment to improve the analytical and reporting processes. Performs special projects and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.