AML/CFT Risk & Due Diligence Analyst

Beacon-Bank; Boston (MA); On-site; USD 85,000 - 120,000; Full time

Job summary

Beacon Bank and Trust is seeking an AML/CFT professional to support the FIU in anti-money laundering and sanctions programs. You will perform due diligence, enhanced reviews, and investigations on higher-risk customers, partnering with business lines to remediate gaps and maintain data integrity.

The role emphasizes strong analytical abilities, regulatory knowledge, and collaboration across FIU and compliance teams to produce high-quality case notes and escalation reports.

Qualifications

• Sound practical knowledge of BSA/AML regulations and requirements particularly surrounding customer due diligence (CDD), Know Your Customer (KYC) standards, enhanced due diligence practices (EDD) and suspicious activity monitoring and reporting (SARs).
• Certified Anti-Money Laundering Specialist (CAMS) or equivalent advanced certification preferred.
• Comprehensive understanding of products, services and transaction processing channels within a financial institution.
• Strong analytic, research and investigative skills necessary.

Responsibilities

• Performs due diligence and, as applicable, enhanced due diligence analysis and research on new customers, beneficial owners, and relationships.
• Conducts research and investigations of higher risk and potentially higher risk customers for suitability in accordance with the Bank’s anti-money laundering account opening and retention standards.
• Performs periodic enhanced due diligence customer reviews on designated higher risk customers.
• Partners with business lines to remediate incomplete and insufficient due diligence information as an essential component for determining customer money laundering risks.

Skills

BSA/AML knowledge

CDD/KYC expertise

Analytical skills

Communication skills

Microsoft Office

Education

CAMS certification

Tools

Microsoft Office

Job description

Beacon Bank and Trust is seeking an AML/CFT professional to support the FIU in anti-money laundering and sanctions programs. You will perform due diligence, enhanced reviews, and investigations on higher-risk customers, partnering with business lines to remediate gaps and maintain data integrity.

The role emphasizes strong analytical abilities, regulatory knowledge, and collaboration across FIU and compliance teams to produce high-quality case notes and escalation reports.