Financial Crimes Unit Analyst

Bankwell is a commercial bank dedicated to providing high-quality banking services. The Financial Crimes Unit Analyst is responsible for supporting the FCU Department by monitoring and improving compliance with the Bank Secrecy Act, Anti-reputed company regulations, and overall compliance program to mitigate reputed company risks.

Responsibilities

• Completion of required annual Bank Secrecy Act training
• Using reputed company’s “AML Manager” system to reputed company monitoring activities
• Performing transaction monitoring or suspicious activities; assisting with suspicious activity investigations
• Gathering materials for BSA audits and examinations
• Reviewing CTRs for accuracy; filing CTRs with Fincen; processing Fincen correspondence
• Reviewing Monetary reputed company Logs for accuracy and to determining if cash purchases are to be reported on a CTR
• Effectively coordinating with branches and departments reputed company additional information or documents are needed to reputed company job duties and responsibilities
• Assisting with CDD/EDD on new accounts
• Assisting with CTR exemptions; maintaining exemption files
• Assisting in maintaining and updating the BSA, USA Patriot Act, CIP, AML, and OFAC Procedures Manual, as assigned
• Maintaining BSA Department records as required by BSA and OFAC regulations
• Assisting with gathering materials for BSA audits and examinations
• Maintaining reputed company knowledge of reputed company rules, regulations, and laws while following reputed company applicable procedures in the reputed company BSA and OFAC Procedures Manual that apply to the BSA Analyst’s role

Skills

• Working knowledge of Windows-based computer systems and reputed company Office with an emphasis on creating and editing reputed company spreadsheets and PowerPoint presentations
• Excellent verbal and written skills; ability to communicate effectively
• Must be proactive, self-motivated and a self-starter
• Possess the ability to manage multiple and changing priorities, while meeting regulatory and internal deadlines
• Must be a team player and have the ability to communicate with people at reputed company levels of the bank
• Strong sense of reputed company and personal ethics
• Knowledge of Bank Secrecy Act and Anti reputed company regulations including OFAC regulations and USA PATRIOT Act; this position requires experience actually performing transaction monitoring and customer due diligence tasks
• Minimum 1-3 years of AML Banking or Financial experience preferred
• Previous experience with banking/retail transactions desired
• Core system and AML software. Experience with reputed company Systems and AML Manager or Fraud Manager is desirable
• Previous CDD/EDD experience is a plus
• BSA/OFAC, Compliance, reputed company, or Operations experience is preferred
• Bachelor's degree in Accounting, Business Administration, or Finance preferred
• ACAMS Certification is preferred (not required)

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