AML Analyst

Job Posted

2 weeks ago

Last Updated

47 minutes ago

Column's Financial Crimes team is responsible for protecting the Bank and its customers from money laundering, fraud, economic sanction evaluations, foreign corruption, and terrorist financing violations. Our program is designed to ensure the Bank, U. S. financial system, and our country are protected from illicit actors who exploit banking services with nefarious and criminal intent.

The AML Analyst role performs L1 and L2 triage investigations of transaction monitoring system-generated alerts and referrals, including identifying root causes of the alert, sources and uses of funds, and potentially suspicious activity. This role is a great opportunity for someone who is passionate about the world of financial crimes, and who is interested in gaining experience across a wide variety of fintech customer types, use cases, and flow of funds to accelerate their AML career.

This role is a fixed-term contract, remote position with an initial contract duration of six months and the potential to extend based on performance.

* Perform extensive investigations related to transaction monitoring and customer due diligence that could implicate potential money laundering, fraud, or terrorist financing, and escalate to SAR filing where appropriate

* Prepare and document triage investigations and their dispositions according to FINCEN/FFIEC expectations and Bank Procedures

* Prepare detailed escalation and dismissal narratives per FFIEC expectations and Bank procedures

* Draft and file SAR narratives with FinCEN for cases that warrant reporting, in line with FinCEN guidance and regulatory deadlines

* Maintain organized documentation related to financial crimes activities, including investigations, SARs, audits, and regulatory exams

* Perform day-to-day activities consistent with safe and sound business practices and regulatory requirements