AML and Compliance Analyst Job at First Central Saving Bank, Whitestone, NY

MzVoNGxZWXFpNmhkT3d5WUp6RStFUlVncUE9PQ==
  • First Central Saving Bank
  • Whitestone, NY

Job Description

Purpose:
The AML and Compliance Analyst role will assist in carrying out the tasks required to ensure the Bank is following its regulatory obligations under the AML/CFT Act for a newly implemented Cannabis Banking business. 
Salary Range $70,000 - $80,000 annual 
Essential Job Functions :
  • Assess new Cannabis and Hemp related business account applications, confirming the accuracy and completeness of all required documentation to support compliant onboarding.
  • 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.
  • Conduct periodic Enhanced Due Diligence reviews of high -risk customers to identify activity that is not in line with the customer’s profile.
  • Responsible for Currency Transaction Reporting including daily reviews, processing and preparation of CTRs.
  • Perform OFAC alert reviews that are generated via internal systems and conduct 314(a) searches in compliance with the Information Sharing requirements of the USA PATRIOT Act.
  • Perform Quality Control review of new account opening documentation and provide feedback to branch personnel on KYC issues identified.
  • Responsible for overseeing the Bank’s training program which includes the assignment and tracking of all annual online training.
Required Education, Knowledge, Skills and Abilities:
  1. Bachelor’s Degree
  2. CAMS Certification preferred
  3. 3-4 years of experience in an AML transaction monitoring role
  4. Strong understanding of Anti-Money Laundering (AML), USA PATRIOT Act and AML/CFT Act regulations
  5. Detail oriented, self-motivated, strong communication and writing skills
  6. Ability to interpret data and form a reasonable conclusion
  7. Experience using Abrigo BAM+ preferred but not required

Job Tags

Full time,

Similar Jobs

Wright Nissan

Automotive Technician Job at Wright Nissan

Wright Nissan in Wexford is looking to hire Automotive Technicians.We are experiencing tremendous growth and are looking to add multiple technicians to our quality service team. Rate of pay will depend of experience level. We have a great culture and love our team.... 

Iowa Public Radio

Morning Show Host and Producer Job at Iowa Public Radio

 ...Iowa Public Radio is searching for an enthusiastic and creative person to join our team in Iowa City as a Morning Show Host and Producer for our Studio One stream. The Morning Show Host and Producer supports the attainment of our music audience growth goals through... 

Pepsi Cola Bottling Company of Marysville Inc

Vending Route Driver Job at Pepsi Cola Bottling Company of Marysville Inc

A Route Driver position at Five Star Vending in Manhattan KS is open. This position responsibilities include and are not limited to: Moving/lifting beverage/snack products for delivery to vending machines Checking route totals to ensure the product issued to route...

Arthrex

Rotational Information Technology Analyst Job at Arthrex

Rotational Information Technology Analyst Location Naples, FL : Date: Oct 26, 2025 Location: Naples, FL, US, 34108 Company: Arthrex Requisition ID: 58737 Title: Rotational Information Technology Analyst Division: Arthrex, Inc. (US01) Location: Naples,... 

CBH Homes

Experienced Electrician Apprentice Job at CBH Homes

 ...ready to take your electrical career to the next level? Icon Electric is looking for dedicated and enthusiastic Experienced Electrician Apprentices to join our team! This role is ideal for individuals who have some background in electrical work and are eager to expand...