AML/CFT Analyst: Transaction Monitoring & Compliance

First Merchants Corporation; Indianapolis (IN); On-site; USD 52,000 - 78,000; Full time

Benefits offered by this job

Base pay + bonuses

Medical, Dental and Vision Insurance

401k

Health Savings and Flexible Spending

Vacation/Sick Time

Paid Holidays

Paid Parental Leave

Tuition Reimbursement

Additional Benefits

Job summary

First Merchants Bank seeks an AML/CFT Analyst to provide clerical and analytical support for the AML/CFT program. You will execute monitoring tasks, validate data feeds, process alerts, and assist with investigations to ensure regulatory compliance.

The role requires a high school diploma and at least two years in related bank functions, with a bachelor's degree a plus; benefits include base pay with bonuses and comprehensive coverage.

Qualifications

• High school diploma or equivalent (GED).
• A minimum of two years of retail, operations, or compliance bank functions experience.
• Bachelor's degree in business, management, or related field is a plus.

Responsibilities

• Execute AML/CFT monitoring tasks, including data validation for BAM.
• Process alerts from the AML transaction monitoring system.
• Perform periodic higher risk customer reviews.
• Execute 314a scan procedures.
• Execute OFAC scans and manage results from the line of business.
• Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) monitoring.
• Assist with monitoring procedures or investigations as needed.
• Assist with or perform simple, basic analysis and investigation.

Education

Bachelor's degree in business, management, or related field

Job description

First Merchants Bank seeks an AML/CFT Analyst to provide clerical and analytical support for the AML/CFT program. You will execute monitoring tasks, validate data feeds, process alerts, and assist with investigations to ensure regulatory compliance.

The role requires a high school diploma and at least two years in related bank functions, with a bachelor's degree a plus; benefits include base pay with bonuses and comprehensive coverage.