Candidate Profile #367782

Maine – BSA/AML Compliance Analyst (CAMS)

• Years of Related Experience: Seven
• Minimum Salary: $60K
• Work Area:  Maine
• Experience:
  • Assists the BSA/AML Officer and Assistant BSA/AML Officer with Verafin’s AML and wire alert process.
  • Monitors account activity for structuring and money laundering activities, recommends creating cases for further investigation, and when appropriate recommends the filing of Suspicious Activity Reports (SAR).
  • Ensures alerts are cleared and acknowledged in a timely manner.
  • Verifies that the required documentation has been collected and accurately completed and the required licenses are current.
  • Conducts Enhanced Due Diligence reviews for new and existing Non-Resident Alien customers.
  • Review accounts for patterns of suspicious activity and document findings in accordance with regulatory requirements.
  • As needed, review Customer Profile Worksheets for new business accounts to ensure forms are accurately completed at the time of onboarding.
  • Monitors assigned cases in Verafin and ensure investigations are conducted in a timely manner.
  • Assists the BSA/AML Officer and Assistant BSA/AML Officer with the ongoing monitoring of the Institution’s compliance with the Office of Foreign Assets Control (OFAC).
  • Perform OFAC checks on incoming and outgoing wire transfers utilizing third-party software (WITS) and perform OFAC checks on IAT transactions utilizing another third-party software (OFAC WatchDOG Pro).
• Other Attributes:  Certified Anti Money Laundering Specialist (CAMS).
• Education: Bachelor’s degree in Business Management.
• Reference #:  376782
• Send Candidate’s Resume:  Click Here