AML/CFT Fraud Analyst I

Job Description

Job Description

Location : Greenfield, with potential for Hybrid. Requires some traveling between Bank locations and Annual ongoing training.

Position Purpose :

This position is responsible to perform duties pertaining to GSB’s BSA and Identity Theft Prevention Programs. Duties include analyzing, investigating of transactional activities, maintaining our Currency Transaction Reporting (CTR) requirements, assisting in Suspicious Activity Report (SAR) filings, and maintaining and analyzing Red Flag forms.

Essential Duties :

• Analyze and investigate transactional activities (alerts) for possible AML-related features.
• Escalate potential suspicious activity to the BSA / AML Officer for further review.
• Review, verify, and maintain accuracy of the daily cash transaction reports.
• Submit electronic FINCEN CTR reports as needed.
• Data entry of Business Account Questionnaire information into appropriate systems.
• Review potential OFAC failed wires using approved tools.
• Process Death Notifications according to approved procedures.
• Assist in the review of some Red Flag forms according to approved procedures.
• Maintain continuing education to maintain proficiency with BSA / AML / Fraud compliance laws and regulations.
• Develop and document non-complex departmental processes and procedures.
• Participate in department phone queue for incoming inquiries (internal and external).
• Monitor and respond to non-complex items submitted through the department ticketing system.
• Assist other departments when needed.
• Performs other duties as assigned.
• Aids in developing procedures that meet regulatory requirements.
• Identifies weaknesses in existing procedures and recommends corrective action.
• Responsible for escalating any issues that require management attention
• Complete online courses as assigned.
• Review and follow all applicable policies, procedures, state, and federal regulations for your position.

Failure to perform these job duties could result in regulatory violations and expose the Bank to monetary penalties and / or regulatory sanctions.

Other Responsibilities :

Skills & Abilities :

Desired Attributions :

Greenfield Savings Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity and / or expression, national origin, disability status, protected veteran status, age, marital status, or any other protected class.