CDD Analyst I or II

***This is not a remote position. The position requires in-office days during the week.

At American Bank, we’re focused on building personal and meaningful relationships with our clients, delighting them with our service, and providing a full range of forward-thinking products and solutions built around their specific goals.

We’re growing and we need talented, smart, and dedicated professionals to help us continue expanding. If you’re interested in forming lasting client relationships and working with the best bankers in the Lone Star State, let’s talk.

American Bank is looking for a CDD Analyst I or II to who will execute due diligence for our clients in accordance with the CDD regulatory requirements.

As the CDD Analyst I or II, you’ll be responsible for preventing, detecting, and reporting suspected money laundering and terrorist financing activities involving currency.

What you’ll do:

• Assumes a consultative approach in providing support, advice and suggestions to internal stakeholders pertaining to KYC, CDD, EDD and OFAC requirements.
• Preventing, detecting, and reporting suspected money laundering and terrorist financing activities while reviewing prospective and current clients.
• Complete a risk review of the client in order to determine the risk the client poses to the Bank and possesses the ability to escalate and articulate concerns.
• Ability to collaborate across departmental lines using techniques that inspire, encourage, and teach non-BSA Compliance personnel.
• Conduct regulatory and sanction screenings and review domestic clients and support complex periodic reviews.
• Perform research on existing and prospective clients and related parties to identify nexus and/or identify unusual activity.
• Will act as a subject matter expert as it pertains to client due diligence, enhanced due diligence, beneficial ownership (including AMLA and CTA), and Office of Foreign Assets Control sanction reviews.
• Ability to analyze complex organizational structures and conduct due diligence in a clear, concise and thorough manner.
• Investigate Alerts or CTRs for customers and escalate to a case, and a SAR if warranted.
• Produces results or provides service that meets or exceeds department and Bank standards. Uses available technology, data resources, and leverage experience to provide quality support.
• Basic knowledge in BSA, AML, OFAC/Sanctions, and/or other AML regulatory policies. Strong writing, analytical and communication skills and be able to multi-task and complete tasks on time.
• Assist BSA Officer or designee with generating and filing reports, as needed.
• Second review the CDD Analyst CTR’s and support the Analyst as a Backup for filing CTRs.
• Ability to provide support to other CDD Analysts when questions arise.

What we’re looking for:

• Three years’ experience working in BSA, AML and/or OFAC is preferred.
• Five years prior banking experience required.
• Independent worker, critical thinker and the ability to prioritize workload and use sound judgment.
• Excellent verbal and written communication skills.
• Must be able to exercise independent judgment, initiative and tact in dealing with employees and management.
• Position requires attention to detail and the ability to work well under the pressure, problem solve, and meet strict deadlines.
• Must present a professional appearance and demeanor.
• Must have the ability to apply principles or logical thinking to a wide range of intellectual and practical problems.
• Strong working knowledge of analytical tools such as MS Excel.
• Comfort with a fast-paced and dynamic environment
• Specialty courses in regulatory compliance preferred.
• Three years of experience working in a financial institution
• BSA Compliance experience required.
• Bachelor's degree required OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
• CRCM, CAMS, or CFE preferred.

What we offer:

American Bank offers competitive pay, comprehensive health coverage for you and your family, matching 401(k), paid maternity leave, tuition reimbursement, referral bonuses, paid holidays, generous paid time off, an exciting and unique culture, opportunities for career growth, and more!

American Bank provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, genetics, sexual orientation, national origin, age disability, or status as a covered veteran in accordance with applicable federal, state and local laws.