Apply on Employer Site

Bankwell · 1 month ago

Financial Crimes Unit Analyst

New Canaan,CT,US

Full-time

Hybrid

Entry Level

1+ years exp

Bankwell is a commercial bank dedicated to providing high-quality banking services to businesses and individuals. The Financial Crimes Unit Analyst will support the FCU Department by monitoring and improving the Bank's compliance with BSA, AML, and OFAC regulations, as well as conducting reviews of customer account activities for suspicious activities.

BankingFinancial Services

Responsibilities

Completion of required annual Bank Secrecy Act training

Using Fiserv’s “AML Manager” system to perform monitoring activities

Performing transaction monitoring or suspicious activities; assisting with suspicious activity investigations

Gathering materials for BSA audits and examinations

Reviewing CTRs for accuracy; filing CTRs with Fincen; processing Fincen correspondence

Reviewing Monetary Instrument Logs for accuracy and to determining if cash purchases are to be reported on a CTR

Effectively coordinating with branches and departments when additional information or documents are needed to perform job duties and responsibilities

Assisting with CDD/EDD on new accounts

Assisting with CTR exemptions; maintaining exemption files

Assisting in maintaining and updating the BSA, USA Patriot Act, CIP, AML, and OFAC Procedures Manual, as assigned

Maintaining BSA Department records as required by BSA and OFAC regulations

Assisting with gathering materials for BSA audits and examinations

Maintaining current knowledge of all rules, regulations, and laws while following all applicable procedures in the current BSA and OFAC Procedures Manual that apply to the BSA Analyst’s role

Qualification

AML Banking experienceBSA knowledgeTransaction monitoringFiserv Systems experienceACAMS CertificationMicrosoft OfficeEthicsCommunicationTeam playerIntegrity

Required

Working knowledge of Windows-based computer systems and Microsoft Office with an emphasis on creating and editing Excel spreadsheets and PowerPoint presentations

Excellent verbal and written skills; ability to communicate effectively

Must be proactive, self-motivated and a self-starter

Possess the ability to manage multiple and changing priorities, while meeting regulatory and internal deadlines

Must be a team player and have the ability to communicate with people at all levels of the bank

Strong sense of integrity and personal ethics

Knowledge of Bank Secrecy Act and Anti Money Laundering regulations including OFAC regulations and USA PATRIOT Act; this position requires experience actually performing transaction monitoring and customer due diligence tasks

Preferred

Minimum 1-3 years of AML Banking or Financial experience preferred

Previous experience with banking/retail transactions desired

Core system and AML software. Experience with Fiserv Systems and AML Manager or Fraud Manager is desirable

Previous CDD/EDD experience is a plus

BSA/OFAC, Compliance, Branch, or Operations experience is preferred

Bachelor's degree in Accounting, Business Administration, or Finance preferred

ACAMS Certification is preferred (not required)

Company

Bankwell

Bankwell is a commercial bank with over $3 billion in assets, offering personalized and technologically-advanced banking solutions to privately owned businesses, their owners and executives, as well as high-net-worth individuals, and the communities we serve.

Founded in 2007

New Canaan, Connecticut, USA

51-200 employees