Job Description

Purpose:
The Senior AML Compliance Analyst is responsible for collecting, analyzing and reporting on customer and account information in relation to all aspects of the AML/CFT Act, Sanctions laws and regulations including the USA PATRIOT Act.
Salary Range : $80,000 - $100,000 annual 
Essential Job Functions :

• Responsible with assessing new Cannabis and Hemp related business account applications, confirming the accuracy and completeness of all required documentation to support compliant onboarding.
• Perform Quality Control review of new account opening documentation and provide feedback to branch personnel and other stakeholders on KYC issues identified.
• Assign, review and investigate alerts and close or escalate to case.
• Execute AML reviews/investigations of account activity to determine necessity of SAR filing. Document and report the review/investigation findings and prepare case files with required supporting documentation (e.g. internet search results, copies of statements and transactions documentation, results from internal system searches). Complete Suspicious Activity Reports in a timely manner.
• Review CTRs for compliance and file CTRs on a timely basis.
• Conduct periodic Enhanced Due Diligence reviews of high-risk customers to identify activity that is not in line with the customer’s profile.
• Gather information from outside sources such as internet searches, third party vendors, public records, etc. for case management.
• Perform suspicious activity investigations and assist in SAR preparation and filing.
• Review FinCEN 314(a) list from FinCEN and prepare a report for submission to FinCEN if a match is found.
• Assists branches with AML/Compliance related questions
• Assist in the preparation of examinations by FDIC, state and auditors.
• Assist management in the completion and tracking of various quality control functions in the AML Department.
• Acts as a liaison between the AML Department and RiskScount vendor for current AML, OFAC, Core and other AML related systems as it pertains to cannabis.
• Other duties as assigned by management.

Required Education, Knowledge, Skills and Abilities:

1. Bachelor’s Degree
2. CAMS Certification preferred
3. Strong understanding of Anti-Money Laundering (AML), USA PATRIOT Act and AML/CFT Act regulations
4. 5+ years AML/CFT experience preferred
5. Proficient in Microsoft Office suite
6. Detail oriented, self-motivated, strong communication and writing skills
7. The ability to interpret data and form a reasonable conclusion
8. Excellent verbal and writing skills
9. Experience using Abrigo BAM+ preferred but not required

Job Tags

Full time, Work at office,

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