Apply on Employer Site

Cathay Bank · 1 day ago

AML Sr Investigator

Monterey Park, CA

Full-time

Onsite

Mid, Senior Level

$31.25/hr - $36.06/hr

3+ years exp

Cathay Bank is a financial institution committed to providing a caring culture that supports employee growth and success. The AML Sr Investigator is responsible for conducting transactional activity reviews and due diligence on potential AML risks, ensuring that customers do not present undue legal, regulatory, or reputational risks to the bank.

BankingFinanceFinancial Services

Responsibilities

Maintains a current knowledge of the Bank Secrecy Act and related anti-money laundering and OFAC regulations

Conducts account analysis to detect trends and patterns, irregular transaction behavior

Sends requests to account officers to provide supporting documentation on unusual transactions

Organizes and summarizes the analysis performed into cohesive and concise narrative to enrich the customer profile

Completes SARs (if necessary) in a timely manner

Ensures that analysis information and documentation is organized and maintained appropriately

Responsible for researching detailed information, including names and accounts provided by multiple sources to determine if there is evidence of criminal activity

Ensures accurate tracking of assignments and requests for documentation for proper tracking of deadlines, as well as following up on pending items in a timely manner

Coordinates with the AVP Manager to resolve issues, discuss patterns and trends, policy changes, etc

Other responsibilities assigned by the BSA Officer or designee

Regular overtime is required, this includes occasional weekend days

Qualification

BSA/AML knowledgeInvestigative experienceAnalytical skillsMicrosoft Suite proficiencyCommunication skillsProblem resolution skillsMulti-taskingTeamworkFlexibility

Required

Strong understanding of Financial Institutions business and relevant products/services

3 or more years of investigative or related experience with specific emphasis on BSA/AML, SDD/KYC and OFAC

Familiarity with U.S. BSA/AML Laws/Regulations required

Strong analytical and problem resolution skills

Excellent communication skills, both written and verbal

Ability to work well independently and with others

Ability to multi-task prioritize deliverables in a timely and effective manner

Flexibility to adapt to changing priorities to meet business needs

Proficient in the Microsoft suite of products and Internet-based research

Preferred

Bachelor's Degree in related fields of business or finance

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

Flexible spending accounts (FSAs)

Health saving account (HSA) with company contributions

Voluntary coverages

401(k)

Company

Cathay Bank

Glassdoor3.1

Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.

Founded in 1962

El Monte, California, USA

1001-5000 employees