AML Analyst

Customers Bank; Malvern (AR); On-site; USD 85,000 - 120,000; Full time

Job summary

Customers Bank is seeking an AML Analyst to ensure regulatory compliance and monitor transactions. You will review alerts, conduct investigations, and document findings in accordance with BSA/AML requirements.

The role emphasizes collaboration, accuracy, and timely reporting within a fast-paced bank environment. Ideal candidates bring 2+ years in AML or fraud investigations, familiarity with SAR processes, and certifications such as ACAMS/CFE.

Qualifications

• 2+ years in a dedicated transaction monitoring investigation function with BSA/AML typologies knowledge.
• Experience in banking with understanding of bank products/services.
• Ability to multi-task and work both independently and in a team.
• Experience in AML alerts, case investigations, SAR filings.
• AML compliance, banking, auditing, or fraud investigations background.
• ACAMS or CFE certifications preferred.
• Advanced analytical skills and MS Office proficiency.

Responsibilities

• Ensure compliance with Bank Secrecy Act, OFAC, Patriot Act regulations.
• Review alerts, assess impact to AML processes, document results.
• Write SARs, address sanctions alerts, and related AML processes.
• Provide support and training for AML Analysts as SME and escalation point.
• Complete complex or confidential investigations per procedures.
• Maintain current knowledge of applicable laws and procedures.
• Additional duties related to BSA compliance as assigned.

Skills

Analytical skills

Team player

Independent work

Education

ACAMS Certification (Preferred) or CFE

Tools

Microsoft Outlook

Microsoft Word

Microsoft Excel

Job description

At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.

Must be legally eligible to work in the United States without sponsorship, now or in the future, to be considered.

Who is Customers Bank? Founded in 2009, Customers Bank is a super-community bank with over $22 billion in assets. We believe in dedicated personal service for the businesses, professionals, individuals, and families we work with. We get you further, faster. Focused on you: We provide every customer with a single point of contact. A dedicated team member who’s committed to meeting your needs today and tomorrow. On the leading edge: We’re innovating with the latest tools and technology so we can react to market conditions quicker and help you get ahead. Proven reliability: We always ground our innovation in our deep experience and strong financial foundation, so we’re a partner you can trust.

What You’ll Do: The AML Analyst will be responsible for ensuring compliance of banking regulations, reviewing and reporting suspicious activity, staying up to date on sanctions alerts and additional regulations as well as conducting necessary research and documenting findings.

We are looking for a highly motivated, team player, who thrives in a fast-paced environment.

• Ensure compliance with Bank Secrecy Act Regulation’s, Anti-Money Laundering related regulations, Office of Foreign Assets Control Regulations and USA PATRIOT Act Regulations.
• Review system generated alerts, assess impact to AML processes, conduct research as required, and document results in written format.
• Write suspicious activity reports, address sanctions alerts, and other applicable AML processes in accordance with regulatory expectations and departmental procedures.
• Provide support and training for AML Analysts serving as a subject matter expert and escalation point for transaction monitoring related inquiries.
• Complete complex or special investigations on highly confidential matters in accordance with procedures.
• Maintain current knowledge of laws, regulations, policies, and procedures applicable to the job assignment.
• Other duties related to BSA compliance may be assigned.

What Do You Need?

• 2+ years in a dedicated transaction monitoring investigation function with specific expertise in BSA/AML typologies and red flags.
• 2+ years in banking with a strong understanding of general bank products and services.
• Ability to multi-task, work independently and as part of a team, establishing cooperative and collaborative working relationships.
• Experience in documenting AML alerts, case investigations, SAR and non-SAR filings.
• Experience in BSA Compliance, Banking, Auditing or Fraud Investigations.
• ACAMS (Preferred) or CFE Certifications, or similar AML or Investigator Certifications.
• Technology Skills: Advanced analytical skills Advanced computer skills, including intermediate knowledge with Microsoft Outlook, Word, and Excel.

Customers Bank is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also provide "reasonable accommodations", upon request, to qualified individuals with disabilities, in accordance with the Americans with Disabilities Act and applicable state and local laws.

Diversity Statement: At Customers Bank, we believe in working smart, working together, and having fun while delivering innovative solutions and memorable experiences for our customers. We are committed to the continual advancement of a culture which reflects the value we place on diversity, equity, and inclusion. We honor the diverse experiences, perspectives, and identities of our team members, and we recognize that it is their passion, creativity, and integrity that drives our success.

Step into your future with us! Let’s take on tomorrow.

Founded in 2009, Customers Bank is a super-community bank with $20.3 billion in assets at June 30, 2022. We believe in dedicated personal service for the businesses, professionals, individuals and families we work with. We offer banking and loan services across Florida, Illinois, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Texas.

Customers Bank is a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation.

Customers Bank is an equal opportunity lender.

Customers Bank takes pride in delivering extremely high levels of customer service while charging comparatively very low fees; service that makes our clients say, "Wow." Customers Bank, with its headquarters located in Malvern, Pennsylvania, is a subsidiary of Customers Bancorp, Inc., a bank holding company.

The voting common shares of Customers Bancorp, Inc. are listed on the New York Stock Exchange under the symbol CUBI.