Border Bank ยท 1 week ago
AML/CFT Fraud Analyst
Coon Rapids, MN
Full-time
Onsite
Entry, Mid Level
2+ years expBorder Bank is seeking an AML/CFT Fraud Analyst to play a crucial role in detecting, investigating, and preventing fraudulent activity across all banking channels. This position involves ensuring compliance with AML regulations, collaborating with internal teams, and maintaining customer due diligence.
BankingCredit CardsFinancial ServicesLendingWealth Management
Responsibilities
Monitor & investigate transaction activity across deposit, loan and digital banking platforms for signs of fraud or AML/CFT violations and escalate
Investigate suspicious account behavior, unauthorized transaction and escalate suspicious activity
Collaborate with Compliance, IT, and Customer Service teams to resolve fraud cases and mitigate risk
Analyze fraud trends and contribute to the development of detection rules and prevention strategies
Prepare and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) in accordance with regulatory timelines
Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews, including periodic risk assessments
Assist in the implementation of BSA/AML Software and tools
Assist in maintaining and updating Fraud & AML/CFT policies, procedures, and risk models
Educate staff and customers on fraud prevention best practices
Stay current on changes to all regulatory and industry best practices
Qualification
Required
Bachelor's degree in Finance, Criminal Justice, Business, or related field, or equivalent experience
2+ years of experience in Fraud & AML/CFT compliance or financial crimes investigation
Proficiency in Excel, SQL or data visualization tools for analytic reporting
Preferred
Experience with BSA/AML software (e.g. Verafin, BAM+, FIS, or similar)
Benefits
Paid Time Off & Paid Holidays
Childbirth Recovery Leave & Parental Leave
Health, Dental, & Vision Insurance
Flexible Spending Account HSA + Employer Contribution
401(k) + Employer Match
Bank paid Life Insurance & Long-Term Disability
Globe Life - Accidental Injury Insurance, Heart and Stroke Insurance, Cancer
Insurance, Intensive Care Insurance
Hospital Indemnity Insurance, Critical Illness Insurance, Cancer
Insurance, Accident Insurance, Life Insurance, Disability Insurance
Employee Assistance Program (EAP)
Wellness Dollars
Education Assistance and more!
Company
Border Bank
Border Bank offers checking accounts, savings account, online banking, mortgages, loans, debit and credit cards to individuals & businesses.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
David Felch
CEO
Kory Shae
Chief Executive Officer
Company data provided by crunchbase