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Greenfield Savings Bank · 2 weeks ago

AML/CFT Fraud Analyst I

Greenfield, MA

Full-time

Hybrid

Entry Level

$24.32/hr - $34.39/hr

2+ years exp

Greenfield Savings Bank is seeking an AML/CFT Fraud Analyst I to support their BSA and Identity Theft Prevention Programs. The role involves analyzing and investigating transactional activities for potential AML-related features and ensuring compliance with regulatory requirements.

BankingFinancial Services

Responsibilities

Analyze and investigate transactional activities (alerts) for possible AML-related features

Escalate potential suspicious activity to the BSA/AML Officer for further review

Review, verify, and maintain accuracy of the daily cash transaction reports

Submit electronic FINCEN CTR reports as needed

Data entry of Business Account Questionnaire information into appropriate systems

Review potential OFAC failed wires using approved tools

Process Death Notifications according to approved procedures

Assist in the review of some Red Flag forms according to approved procedures

Maintain continuing education to maintain proficiency with BSA/AML/Fraud compliance laws and regulations

Develop and document non-complex departmental processes and procedures

Participate in department phone queue for incoming inquiries (internal and external)

Monitor and respond to non-complex items submitted through the department ticketing system

Assist other departments when needed

Performs other duties as assigned

Aids in developing procedures that meet regulatory requirements

Identifies weaknesses in existing procedures and recommends corrective action

Responsible for escalating any issues that require management attention

Complete online courses as assigned

Review and follow all applicable policies, procedures, state, and federal regulations for your position

Assist with Internal Audit or Compliance Testing

Identify any new risks and escalate to management

Participate in fraud prevention initiatives

Demonstrate Fraud awareness culture within the organization

Improving processes through continuous improvement

Training initiatives and enhancements

Identify potential consumer harm in products, services, or practices

Qualification

BSA/AML complianceAML systems experienceAnalytical skillsComputer skillsOrganizational skillsCustomer serviceInterpersonal skillsWritten communicationTime management

Required

Ability to interact with all levels of staff and management during the course of daily work activities using tact and showing consideration and respect for co-workers

Ability to deliver excellent customer service whether by phone or through the departmental ticketing system

A high school diploma and/or 2 or more years work experience equivalent

Strong analytical and organizational skills

Ability to work independently

Ability to perform tasks quickly and accurately

Effective interpersonal relationships with management and team members

Excellent written and oral communication skills

Ability to clearly express written conclusions using proper grammar, spelling, and punctuation

Ability to manage multiple tasks and meet deadlines

Must have strong computer skills (i.e. Word, Excel, Nautilus, Cleartouch and AML Software)