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Five Star Bank · 1 month ago

BSA/AML Alert Analyst

Buffalo, NY, US

Full-time

Onsite

Entry Level

$24/hr - $27/hr

1+ years exp

Five Star Bank is a financial institution looking for a BSA/AML Alert Analyst. The primary responsibility of this role is to investigate alerts related to transaction monitoring and compliance, ensuring that unusual activities are properly addressed and documented.

BankingFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Reviews transaction monitoring alerts for unusual activity utilizing various systems, and recommends the alerts be escalated to case or cleared

Ensures all processes are followed for Currency Transaction Reports (CTR) filing

Performs daily Office of Foreign Assets Control (OFAC) Processing

Assists in the Customer Due Diligence oversight process which includes review of reporting metrics and working with Retail Branches to address and resolve outstanding items

Assists in preparation of documentation for audits and examinations

Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work

Qualification

BSA/AML regulationsOFAC regulationsBanking experienceAuditing experienceInvestigations experienceData interpretationMicrosoft applicationsCommunicationOrganizational skillsAttention to detailConfidentiality

Required

Education: High School Diploma or equivalent

Prior Experience: 2+ years' experience in any of the following areas: Banking, Auditing, Criminal Justice, Investigations

Education: Associate Degree

Prior Experience: 1+ years' experience in any of the following areas: Banking, Auditing, Criminal Justice, Investigations

Knowledge of or ability to learn BSA/AML & OFAC regulations and requirements

Strong verbal and written communication skills and ability to interact positively with a wide variety of individuals

Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines

Ability to identify trends, interpret data and apply to workflows, compliance techniques and automation

Possess a high level of attention to detail

Ability to maintain a high degree of confidentiality

Proficient with Microsoft applications with the ability to learn and utilize new and existing banking software applications; Ability to utilize the internet to conduct searches related to responsibilities

Able to regularly sit for prolonged periods of time

Extensive computer usage is required

Benefits

Medical, Dental, and Vision Insurance

Health Savings Account

Flexible Spending Account(s)

Company Paid Life Insurance, Long Term Disability, and Short Term Disability

Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident

Tuition Reimbursement

Employee Referral Program

Wellness Reimbursement Program

Star Volunteer Program

Employee Banking and Financial Perks

Paid Time Off (PTO)

Company Paid Holidays

Company

Five Star Bank

Five Star Bank offers a wide range of consumer and commercial banking services to individuals, municipalities, and businesses.

Founded in 1817

Warsaw, New York, USA

501-1000 employees

https://www.five-starbank.com

H1B Sponsorship

Five Star Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1)

2024 (1)