AML Analyst

Job Overview

An AML Analyst assists in the implementation and administration of all aspects of the Bank Secrecy Act and assists with various assignments supporting the Compliance Program of the bank under the guidance of the AML Supervisor, Assistant AML/CFT Officer and/or AML/CFT Officer. This position performs various quality control reviews and monitoring pertaining to the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC and Customer Identification Program compliance using industry standards and regulatory guidance to ensure the Bank’s compliance efforts are maintained on a daily basis.

Principal Accountabilities

Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC, following the bank’s customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training. Represent the Bank to both internal and external contacts in a courteous, professional manner in face-to-face, written and telephone communications. Actively protect confidentiality of customer and account information. Demonstrate Horizon Bank’s commitment to the communities we serve through involvement in local organizations and events.

Duties

• Perform customer and transaction analytics to identify trends and possible suspicious activity, escalate any concerns for case investigation.
• Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within required time frames.
• Maintain Monetary Instrument Log (MIL) as needed.
• Review completed CDD/EDD questionnaires for compliance and risk purposes.
• Work with branch staff and internal partners on BSA/AML/CFT/CIP/OFAC compliance.
• Participate in on-going training as required to maintain knowledge of all federal and state laws and regulations, including Bank Secrecy Act and all related anti-money laundering and OFAC regulations, along with the Bank’s policies and procedures.
• Other duties as assigned

Qualifications & Skills

• Two years general banking or regulatory agency experience, with an emphasis in compliance and/or operations.
• College degree or equivalent banking experience desired. Certification in Anti-Money Laundering (CAMS) is beneficial. High School diploma or GED is required.
• Basic knowledge of Bank administration, lending and operations products and services, related state and federal laws and regulations and other Bank operational policies and procedures.
• Ability to proactively identify and assess potential concerns and risk.
• Comprehensive understating of general banking compliance regulations and laws.
• Proficiency in Microsoft Office Suite (Word, Excel, and PowerPoint).
• Ability to demonstrate strong interpersonal skills and communicative skills as well as effective written and verbal communication.
• Must be highly organized, self-starter and adaptable to change.
• Must possess exceptional organization, time management and follow-up skills.

Core Competencies

Physical Requirements

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions in compliance with the Americans with Disabilities Act (ADA)

Horizon Bank is a proud Equal Opportunity Employer | Disability | Veteran Employer.

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Job Reference: HRN01847