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Stellar Bank · 5 months ago

AML Consultant - EDD - Greenway

9 Greenway Plz, Houston, TX 77046, USA

Full-time

Onsite

Mid, Senior Level

5+ years exp

Stellar Bank is a newly formed financial institution that emphasizes responsive, relationship-based community banking. They are seeking an AML Consultant – EDD who will be responsible for various functions related to BSA/AML/OFAC compliance, including investigating suspicious activity and ensuring adherence to bank policies and procedures.

BankingFinancial ServicesPersonal Finance

Responsibilities

Review and disposition all assigned BSA/AML & OFAC alerts (including complex or complicated alerts) that may be generated by the bank’s transaction monitoring and/or screening systems(s)

Conduct suspicious activity investigations in accordance with applicable procedures

Interface with customer servicing officers and other bank employees regarding customer transactions and/or deficiencies in customer identification or due diligence detected during the monitoring process

Perform negative news searches

Review monetary instrument sales logs

Track and perform searches related to 314(a) and (b) information sharing requests

Assist in special projects and tasks for the department as directed

Assume responsibility for various departmental functions in the absence of staff members and when work balance situations arise

Communicate suspicious activity to the Anti-Financial Crime (AFC) Manager and/or Director of AFC

Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training

Full understanding of FFIEC BSA/AML Manual regarding higher risk customer types, associated risk factors, and red flags for suspicious activity

Assist in training newly onboarded team members

Review and appropriately act on new, revised, or proposed laws, policies, and procedures

Assist auditors and bank examiners with AML inquiries

Provides support to all areas of the BSA department as directed or where service or assistance is needed

Any and all other duties as requested by management

Qualification

BSA/AML CertifiedAML experienceFinancial services experienceMicrosoft WordMicrosoft ExcelVerbal communicationWritten communicationTime managementAttention to detailProblem-solvingTeamworkConfidentiality