The FID Analyst I assists the Financial Intelligence Department in maintaining compliance with all aspects of the Bank’s BSA/AML/OFAC and Anti-Fraud Programs.
Requirements
- Reviews and understands standard bank documentation, customer due diligence information, and banking transactions
- Performs detailed analysis on accounts that appear to have unusual and/or suspicious activity
- Provides detailed documentary evidence to support the analysis performed
- Processes Currency Transaction Reports (CTR) and Negotiable Instruments Logs
- Works closely with Financial Intelligence Department to ensure all CTR’s are filed timely and correctly
- Contacts branch staff for specific issues relating to CTRs, BSA Monitoring, CDD, Fraud and/or High Risk Review
- Performs analysis and investigative research from numerous internal and external sources to complete Customer Due Diligence profiles
- Prepares or assists in the preparation of requests for information to customer facing lines of business (i.e. retail, trust, commercial)
- Investigates and monitors customer transactions and/or behaviors associated with products or services through the use of automated monitoring systems and reports
- Performs timely and accurate research and effective investigations
- Assists with monitoring of USA Forms Administration for potential fraud and/or unusual activity
- Assists in documenting and maintaining the Bank’s compliance efforts on a daily basis by ensuring adherence to the bank’s policies and procedures to ensure compliance with all federal and state laws and regulations
- Participates in job specific training and other various Bank training programs, as necessary
- Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy
- Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations
- Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML
Benefits
- Paid Time Off
- 401k Matching
- Retirement Plan
- Visa Sponsorship
- Four Day Work Week
- Generous Parental Leave
- Tuition Reimbursement
- Relocation Assistance
