AML/CFT Analyst (Remote)

United States

Full-time

Remote

$61K/yr - $75K/yr

Entry, Mid Level

First Citizens Bank is seeking an AML/CFT Analyst to support compliance efforts related to Anti-Money Laundering and Counter-Financing of Terrorism regulations. The role involves conducting investigations, performing data analysis, and ensuring regulatory compliance to mitigate financial crime risks.

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Responsibilities

Source, validate, and interpret data related to financial transactions and customer activities
Analyze data for discrepancies, risks, potential sanctions violations, and AML/CFT red flags
Assist in investigating unusual activity or flagged transactions
Conduct research on suspicious transactions and review client activity
Ensure compliance with applicable AML/CFT laws, regulations, policies, and procedures
Prepare reports on investigation findings, risks, trends, and exceptions
Compile relevant information for AML/CFT reviews and investigations
Maintain accurate and complete documentation of investigative activities
Assist in preparing Suspicious Activity Reports (SARs) and other regulatory reporting
Review and analyze alerts generated by AML/CFT monitoring systems
Conduct initial and ongoing assessments of potential high-risk customers or transactions
Escalate complex cases or significant findings to senior team members
Maintain knowledge of AML/CFT regulations, procedures, and industry trends
Assist with regulatory exams, audits, and risk assessments related to AML/CFT
Participate in training sessions and stay informed about evolving financial crime typologies

Qualification

Required

Bachelor's Degree and 1 years of experience in Experience in AML/CFT compliance, investigations, or related field
Knowledge of BSA/AML regulations, OFAC, and KYC requirements
Familiarity with AML/CFT software and case management systems
Strong analytical and problem-solving skills
OR High School Diploma or GED and 5 years of experience in Experience in AML/CFT compliance, investigations, or related field
Knowledge of BSA/AML regulations, OFAC, and KYC requirements
Familiarity with AML/CFT software and case management systems
Strong analytical and problem-solving skills