AML Associate

Responsibilities include but are not limited to:

• Review alerts produced from Actimize Suspicious Activity Monitoring system and internal referrals using both internal and external tools, escalating to investigation anything warranting further review.
• Properly document all parts of the alert review process, including reason for escalation or closure of the alert.
• Work with Branch personnel in order to attain proper KYC information and CIP documentation when warranted.
• Assist with special projects as provided by AML management.
• Assist OFAC team with ruling out possible matches with SDN list of negative news searches.
  Inform Investigations Manager of common alerts to ensure the monitoring platform consistently addresses prevailing risk.
• Support in the day-to-day compliance efforts with AML/KYC requirements.

• Working understanding of reporting requirements of the Bank Secrecy Act (BSA), and USA PATRIOT Act.
• Excellent oral and written communications skills.
• Ability to conduct research using various sources.
• Knowledge of MS Office Applications, including Excel and Word.
• Ability to maintain attention to detail and accuracy under pressure situations.
• Team oriented and able to work independently.

• High School diploma or GED and a minimum of 1 year experience in banking operations with an understanding of anti-money laundering processes or completion of the Valley internship program in AML.
• Experience with the NICE Actimize system preferred.