Aml Analyst

Description: The AML/CFT & OFAC Compliance Partner s responsible for coordinating and monitoring day-to-day Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) & OFAC compliance and is charged with managing all aspects of the implementation of the BSA/AML compliance program. This includes managing the Bank's adherence to the BSA and its implementing regulations, (i.e., Bank Secrecy Act (BSA), US PATRIOT Act, OFAC and/or UIGEA). Role and Responsibilities: Maintain the bank's AML/CFT Program including policies, procedures, processes, and internal controls by ensuring any additions or changes to the BSA/AML laws or regulations are reflected in policies and procedures, approved by the Board of Directors, as appropriate, and are implemented. Develop, document, and complete the bank-wide risk assessment process for AML/CFT & OFAC in accordance with the bank wide risk rating methodology. Develop and implement a system of internal controls to ensure ongoing compliance for the Customer Identification Program ('CIP'), customer and enhanced due diligence, and a transaction monitoring program including detection, investigation and reporting of suspicious activity. Designate individuals to be responsible for coordinating and monitoring certain day to day AML/CFT activities, including conducting monitoring to detect, investigate, and report suspicious activity and file Currency Transaction Reports (CTRs). Ensure that the confidentiality of Suspicious Activity Reporting (SAR) reporting is maintained, that supporting documentation for SAR filings is only released as appropriate and reporting to the Board of Directors is accomplished. Develop, document, and implement a bank wide BSA training program for new hires and employees, to include job specific training for business lines, and continuing education requirements for department staff. Must Have - Skills and Qualifications: Three (3) to five (5) years of experience in BSA/AML compliance and/or risk management within a financial institution. BSA/AML and/or regulatory compliance certifications or designations are strongly preferred, (i.e., CAMS, CFCS, CRCM, CAFP, CBAP, or CBSO). Proficient with Verafin BSA/AML transaction monitoring software required, and computer software applications, including CLEAR, and Microsoft Office Suite Ability to read, write, and understand oral and written instructions and complex regulations. Requires the ability to effectively communicate with internal and external leaders, customers, and employees respectfully to solve day-to-day problems involving different scenarios in routine and complex situations. Requires knowledge of regulatory expectations, and industry best practices for AML/CFT work output including familiarity with open-source research and investigative techniques. Well-developed communication skills to effectively work well with colleagues, and stakeholders. This is also very important as AML/CFT Compliance Manager will need to communicate key regulatory changes and updates. Possessing strong analytical skills, paying careful and particular attention to detail, and having an investigative mindset. Having a deep and sound knowledge of regulatory policies as regulatory compliance officers are responsible for creating and implementing policies. Diligence and perseverance are also required as the AML/CFT Compliance Manager must be willing to see an issue through to resolution. Comply with all federal and state regulations and rules impacting this position, meet all risk and compliance obligations, including the completion of required training. Possess a positive attitude, and a winning mindset. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.