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Mountain West Bank · 2 days ago

Corporate AML/CFT Investigations Analyst

Spokane, WA

Full-time

Onsite

Entry, Mid Level

$63K/yr - $95K/yr

Mountain West Bank is a regional bank holding company providing commercial banking services. The AML/CFT Investigation Analyst will be responsible for ensuring compliance with safety and soundness regulations, investigating suspicious activity, and drafting Suspicious Activity Reports (SARs) for reporting to FINCEN.

Financial Services

Responsibilities

Investigate accounts for potentially suspicious activity and, when detected, draft Suspicious Activity Reports (SARs)

Report SARs to FINCEN in a timely manner

Support investigative conclusions by drafting concise, accurate, and logical investigative summations that are subject to quality assurance evaluation and potential examiner scrutiny

Maintain proficiency with the Bank's AML systems, core banking systems, and transactions processing systems to ensure thorough, efficient, and accurate investigations

Maintain a working knowledge of banking operations as they relate to BSA/AML/OFAC compliance including teller functions, new account originations, wire transfers, electronic banking and letters of credit

Maintain an advanced working knowledge of money laundering red flags and typologies

Ensure that training is kept current on BSA/AML/OFAC regulations

Participate in required internal and external industry training

May assist BSA management in developing and maintaining standard processes and procedures

May participate on the CBSAT SAR Review Committee

May perform administrative or liaison functions including, but not limited to, communicating with management or division employees on process improvements, higher-risk customer behaviors, and potential client disengagement

Provide support to management and internal auditors during the audit process

Ensure exam requests are handled in a timely, confidential manner

May be required to identify issues or collaborate with other BSA operational teams involving CIP, CDD, EDD, and Quality Assurance

Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control

Must complete the assigned online training courses and achieve a passing score by due date

Qualification

BSA/AML complianceSuspicious Activity Reports (SARs)AML systems proficiencyBanking operations knowledgeMoney laundering typologiesAnalytical skillsCommunication skillsTeam collaboration