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