Note: The job is a remote job and is open to candidates in USA. First Commonwealth Bank is seeking a BSA AML/CFT Transaction Analyst to analyze suspicious activity and assist in investigations. The role involves monitoring compliance with BSA AML/CFT regulations and conducting audits while ensuring accuracy in documentation and reporting.
Responsibilities
- Analyzes suspicious activity referrals from all business lines of the company, as well as third parties and law enforcement
- Assists in conducting suspicious activity investigations, using discretion in elevating concerns to appropriate levels of personnel, preparing SAR’s, and maintaining documentation
- Provides ongoing monitoring of suspicious accounts. Investigates cash (and other transactions such as checks, wires and ACH) transactions and complete SARs. Completes and maintains case files for all activity in accordance with prescribed retention practices
- Monitors client transactions and account activity to ensure that company remains in compliance with BSA AML/CFT regulatory requirements
- Monitors currency transaction report and monetary instrument log data collected by Financial Service Center employees; prepare CTRs for filing
- Carries out the annual CTR exemption review process
- Responds to search results for the Office of Foreign Assets Control, Section 314(a), and similar lists
- Participates in all internal and external BSA audits and examinations, while insuring that no violations of law or repeat findings from previous audits or examinations occur
- Responsible for the review and necessary investigation of output from any systems, reports or processes used to detect activity/transaction/data governed by BSA and AML regulations
Skills
- Bachelor's degree in Business, Finance, Criminology or related field, or equivalent experience required
- A minimum of 1 year previous banking experience required, preferably compliance or fraud related and involved with client transactions, and a basic knowledge of BSA/AML
- Proficient interpersonal skills so as to work effectively with clients, employees, regulatory officials and law enforcement regarding BSA/AML issues
- Requires a valid driver's license and ability to travel as necessary/needed within FCB's regional banking network
- Proficient reading, writing, and grammar skills; proficient analytical and mathematical skills; proficient communicative and interpersonal relations skills
- Ability to comply with established budgets and operate within budgetary constraints
- Familiarity with FCB Teller processes and software will be beneficial
- May be eligible for Telecommuting
Company Overview