This position is an entry level position responsible for assisting the AML/CFT Officer in administering all aspects of the AML/CFT compliance program. Monday - Friday 8am-5pm 38-40 hours/week *Hours ...
Quick apply
This position is an entry level position responsible for assisting the AML/CFT Officer in administering all aspects of the AML/CFT compliance program. Monday - Friday 8am-5pm 38-40 hours/week *Hours ...
Entry Level Aml information
What are the key skills and qualifications needed to thrive in the Entry Level Aml position, and why are they important?
To thrive as an Entry Level AML (Anti-Money Laundering) professional, you need strong analytical skills, attention to detail, and a bachelor’s degree in finance, business, or a related field. Familiarity with AML software platforms such as Actimize or SAS, as well as knowledge of regulatory standards like the Bank Secrecy Act, is often expected, while ACAMS certification can be an advantage. Strong organizational skills, communication, and ability to work independently or within a team are valuable soft skills in this role. These competencies are essential for accurately identifying suspicious activities, maintaining compliance, and contributing effectively to anti-financial crime efforts.
What are the typical daily responsibilities of an Entry Level AML analyst?
As an Entry Level AML analyst, your daily responsibilities often include reviewing transaction reports and customer data to identify suspicious activity, documenting your findings, and escalating potential issues for further investigation. You may also work closely with senior analysts and compliance officers to ensure regulatory requirements are being met and to stay up to date on changing procedures. Monitoring alerts, conducting basic research using internal databases and public records, and maintaining thorough records are standard tasks. This collaborative and detail-oriented work environment helps prepare you for more advanced roles in compliance and financial crime prevention.
What is an Entry Level AML job?
An Entry Level AML (Anti-Money Laundering) job involves assisting in the detection and prevention of financial crimes, such as money laundering and fraud. Responsibilities typically include monitoring transactions, analyzing suspicious activity reports, and ensuring compliance with regulatory requirements. Entry-level AML analysts work under the supervision of senior compliance professionals and may use specialized software to identify unusual patterns. Strong analytical skills, attention to detail, and knowledge of financial regulations are essential. This role is common in banks, financial institutions, and regulatory agencies looking to maintain compliance with anti-money laundering laws.
What are the most commonly searched types of Aml jobs in Wisconsin? The most popular types of Aml jobs in Wisconsin are:
What are popular job titles related to Entry Level Aml jobs in Wisconsin? For Entry Level Aml jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Entry Level Aml jobs in Wisconsin look for? The top searched job categories for Entry Level Aml jobs in Wisconsin are:
What cities in Wisconsin are hiring for Entry Level Aml jobs? Cities in Wisconsin with the most Entry Level Aml job openings:
Job description
This position is an entry level position responsible for assisting the AML/CFT Officer in administering all aspects of the AML/CFT compliance program.
Monday - Friday 8am-5pm
38-40 hours/week
*Hours may change based on business needs
Duties and Responsibilities:
- Assist the AML/CFT Officer and Coordinator in the day-to-day management of the AML/CFT program. Help to ensure the bank’s procedures and policies are in compliance with the AML/CFT regulations, SAR reporting, OFAC, and CIP program requirements.
- Perform daily transaction monitoring to ensure the Bank adheres to the AML/CFT, USA Patriot Act, Anti-money Laundering, OFAC and CIP compliance policies and procedures.
- Alert AML/CFT Officer to issues, errors, or concerns noted during daily reviews.
- Evaluate, using the bank’s AML software, customer activity through daily and monthly worklists to identify unusual or suspicious activity.
- Review and accept weekly and monthly customer risk worklists. Escalate concerns to the AML/CFT Officer as needed.
- Review and certify daily OFAC suspects.
- Assist in monitoring the Bank’s high-risk customers and perform enhanced due diligence per the AML/CFT and the bank’s policy and procedures. Escalate concerns and make recommendations to the AML/CFT Officer as needed.
- File CTR’s timely in accordance with regulation. Follow-up with frontline staff as needed to ensure all required information is gathered and properly reported.
- Ensure compliance with 314a of the USA Patriot Act by monitoring the Bank’s customer base in a timely manner for potential matches. If a match is found, follow up as required by the law and the bank’s procedures.
- Assist in identifying training needs and report those needs to the AML/CFT Officer.
- Any other duties as assigned.
Requirements:
- High School Diploma or equivalent required
- Associate degree (A. A.) or equivalent from two-year college or technical school; or one to three years related experience and/or training; or equivalent combination of education and experience required
- Ability to read, research, and interpret regulations
- Ability to adhere to the reporting and record keeping requirements of the AML/CFT and Anti-Money Laundering rules and regulations to include OFAC and CIP rules.
- Verafin experience preferred
- High degree of accuracy and attention to detail
- Strong analytical skills with the ability to multitask
- Acts in accordance with the Bank’s Service Excellence model
- Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act and the requirements of the Office of Foreign Assets Control. Additionally, all employees must follow policies and procedures to minimize risk by exercising good judgment, raising questions to management, and adhering to policy guidelines.
Critical Competencies:
- Problem Solving
- Organizational
- Written and Verbal Communication
****Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities****
Our company is an equal opportunity/affirmative action employer. Applicants can learn more about their rights by viewing the federal EEO poster at https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf
About Citizens Bank WI
Sourced by ZipRecruiter