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ConnectOne Bank · 1 month ago

AML Surveillance Alert Analyst

Union,NJ,US

Full-time

Hybrid

Mid Level

3+ years exp

ConnectOne Bank is a high-performing commercial bank focused on putting people first. The AML Surveillance Alert Analyst is responsible for analyzing banking transactions in accordance with BSA, AML, and SAR regulations, investigating alerts, and ensuring compliance with regulatory requirements.

BankingFinanceFinancial Services

Responsibilities

Support the Bank’s 'client first' focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB 'A Better Place to Be'

Investigate anti-money laundering alerts from our AML Systems and either clear alerts with proper supporting documentation or escalate for Suspicious Activity Reports (SARs) filing

Ensure effective transaction monitoring and client account oversight is implemented to identify suspicious transactions for reporting

Review and analyze all accounts to identify possible suspicious activity and escalate cases as necessary

Assist in the development of statistical reports to supplement the Bank’s current BSA/AML Solution

Monitors client accounts and prepare detailed investigations for Suspicious Activity Reports (SARs) escalations

Perform scheduled reviews of critical areas where non-compliance could lead to civil and criminal liability

Qualification

BSA regulations knowledgeAML systems investigationAnalytical skillsProficiency with IBSProficiency with VerafinMicrosoft WordMicrosoft ExcelMicrosoft PowerPointPeople First interestCommunication skills

Required

Expert knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E and US PATRIOT Act

Familiarity with Bank security and safety practices

Strong analytical and communication skills

Strong knowledge of Word, Excel and Power Point

Proficiency with IBS, Vision Archive, OnBase, and Verafin

Strong 'People First' interest and ability

Minimum 3-5 years BSA experience