Job Description
The AML Specialist will be responsible for performing Due Diligence reviews of customers that present heightened risk to the bank. This involves performing background checks and internet research on individuals and businesses to gain an understanding of the risk the pose to the bank. Analysis of transactional activity will be performed to ensure customers are utilizing their bank accounts in a manner that is consistent with other like customers and to escalate potentially suspicious transactions for further investigation.
Principal duties and responsibilities can include:
- Identify and Monitor High Risk Customers through the completion of Enhance Due Diligence reviews.
- Research background checks and internet sites to identify potential red flags.
- Compose narratives explaining the risk customers pose to the bank along with a justification for maintaining the relationships.
- Identify potentially suspicious transaction activity through account analysis.
- Partner with the banks front line staff to obtain information from customers.
Position Requirements:
- A college degree in Criminal Justice or a Business related field is a plus, but is not required
- Minimum of 1-3 years of retail banking experience; in lieu of retail banking experience, commensurate work experience performing research, analysis, background checks, and reviewing financial documentation will be considered
- Working knowledge of bank products, services and methods of transacting
- Working knowledge of Microsoft Office programs, in particular Excel
- Proficient written and verbal communication skills
To be a successful candidate, you must have the following skills and demonstrated performance in these areas:
- Exceptional analytical and creative problem solving skills and the ability to work both independently and collaboratively
- High standards of courtesy, performance, and respect for confidentiality
- Ability to prioritize and perform specific tasks independently and collaboratively with accurate results
- Ability to adapt to change quickly and positively
- Ability to use standard computer software and quickly learn and navigate and operate job-specific software and web-based applications
Ability to communicate efficiently, effectively, and professionally in person, on the phone, and through email to internal personnel and external business units