Cenlar FSB · 1 day ago
Financial Crimes Analyst
Yardley, PA
Full-time
Hybrid
Entry, Mid Level
$51K/yr - $78K/yr
1+ years expCenlar FSB is the nation’s leading mortgage loan subservicer, known for its core values of respect, trust, integrity, and care. The Financial Crimes Analyst will monitor accounts, perform investigations, document findings, and make recommendations regarding Suspicious Activity Reports (SARs) while ensuring compliance with BSA/AML regulations.
Financial Services
Responsibilities
Ensures compliance with the bank’s Bank Secrecy Act (BSA)/ Anti-Money Laundering (AML) policies and procedures and the applicable federal regulations to protect the company from being used as a conduit for illegal activity
Performs investigations pursuant to customer due diligence and suspicious activity monitoring programs; documents results of investigations; maintains necessary records and files per regulatory and bank requirements to ensure efficient and consistent reporting of investigations
Researches, analyzes and investigates customer/borrower account behavior for potential mortgage fraud and money laundering activity referred by internal departments; makes a recommendation as to whether or not a Suspicious Activity Report (SAR) should be filed
Researches, analyzes and investigates alerts generated by transaction monitoring reports (i.e. principal curtailment payments, international wire transfers, early payment default loans, revolving line of credit account payments and draws, etc.) for potential mortgage fraud and money laundering; makes a recommendation as to whether or not a SAR should be filed
Performs 90-day SAR follow-up reviews; makes a recommendation as to whether or not a continuing activity SAR should be filed
Files SARs with the Financial Crimes Enforcement Network (FinCEN) as directed within regulatory timeframes and in accordance with BSA/AML compliance policies and procedures
Documents all investigations and recommendations as to whether a SAR should be filed within the departmental case management system accurately and timely to ensure current and accurate reporting to Board and committees
Provides investigation results and supporting documentation to client BSA/AML/compliance contacts and GSEs and to law enforcement as requested
Performs new customer verifications under the bank’s Customer Identification Program (CIP) requirements for purchase loans and assumptions
Performs due diligence on bank clients
Performs due diligence and monitoring on borrower accounts deemed a higher risk
Assists with developing training content and updates and with providing training where necessary
Assists in responding to regulatory inquiries
Participates in bank’s BSA/AML/OFAC Committee meetings and external BSA/AML group and committee meetings
Remains abreast of applicable laws and regulations related to BSA
Performs other BSA/AML/OFAC compliance related duties as assigned
Appropriately assess risk when business decisions are made, include but not limited to compliance and operational risk. Demonstrate consideration for Cenlar’s reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
Qualification
Required
Bachelor's degree or equivalent experience
1 to 3 years of experience in BSA/AML/ OFAC regulations or fraud investigations
Proficient personal computer skills including Microsoft Excel, Word and Access as well as other applications and software utilized by the department
Strong analytical abilities and problem-solving skills
Excellent written, verbal and presentation skills
Strong organizational skills with ability to multi-task
Ability to work collaboratively across various departments
Must be able to work independently
Preferred
CAMS or CAFP certification a plus
Benefits
Paid medical
Dental
Life insurance
401(k)
Tuition assistance
Opportunities for training and professional advancement
Company
Cenlar FSB
Cenlar FSB is a loan servicing provider.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
John Mezzasalma
Chief Financial Officer
Allyson Kiesel
VP, Loan Operations
Recent News
2025-10-15
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