AMLCFT Operations Specialist

Firstier Bank; Broomfield (CO); On-site; USD 41,000 - 48,000; Full time

Benefits offered by this job

401(k)

Health insurance

Dental insurance

Vision insurance

Flexible spending

Health savings

Life insurance

Paid time off

Job summary

FirsTier Bank in Broomfield, CO seeks an AML-CFT Operations Specialist to join our corporate team. The role works with the AML/CFT Fraud Director and Corporate Operations to identify suspicious activity through automated and manual processes and to review SARs after investigation.

The position requires 5+ years banking experience, 3-5 years BSA compliance, and proficiency with AML systems (Verafin preferred) and MS Office. Full-time in-office role with competitive benefits.

Qualifications

• Minimum 5 years general banking experience.
• 3-5 years of BSA compliance experience, including transaction analysis for suspicious activity.
• Experience with AML monitoring systems, Verafin preferred.
• Must be proficient in Microsoft Office (Word and Excel).

Responsibilities

• Review CIP documentation for new customers and identify exceptions.
• Investigate alerts from AML monitoring system and determine if activity is suspicious; document research and escalate for SAR if needed.
• Review High Risk Customers and complete EDD reviews, including due diligence searches and transaction reviews.
• Conduct investigations and prepare SARs with the SAR form and narrative.
• Review SARs prior to filing for accuracy and concise narrative.
• Analyze reports and data (wire logs, currency, other) for suspicious activity and conduct investigations.
• Perform CTR, CIP, and OFAC verifications to ensure regulatory compliance.
• Assist AML/CFT Fraud Director in preparing for audits, risk assessments, and program enhancements.
• Respond to findings from initiatives and implement new procedures.
• Complete required AML/CFT training as designated.
• Investigate OFAC sanctions alerts, 314(a) requests, and other searches as assigned.
• Other duties as assigned.

Skills

Communication

Math skills

Integrity

Education

High school diploma

Tools

Verafin

MS Office

Job description

FirsTier Bank is a family-owned community bank currently serving 12 branch markets throughout Colorado, Wyoming and Nebraska. We are currently searching for an AML-CFT Operations Specialist to join our Broomfield, Colorado corporate team.

Enjoy a rewarding career while providing exceptional service to our valued customers.

Job description

The AML/CFT Operations Specialist position works closely with the bank's AML/CFT Fraud Director and Corporate Operations in identifying suspicious activity through automated and manual processes, risk rating of customers, CTR decisions and review of SARs prior to filing. The position is also responsible for assisting the AML/CFT Fraud Director in the testing of procedures to ensure compliance with regulations.

Qualifications required:

• Minimum 5 years general banking experience
• 3-5 years of BSA compliance experience, including transaction analysis for suspicious activity
• Experience with AML monitoring systems, Verafin preferred
• Must be proficient in Microsoft Office (primarily Word and Excel)

Essential functions and responsibilities:

• Review CIP documentation for new customers and identify exceptions.
• Investigate alerts generated by the Bank's AML monitoring system and determine if activity is reasonable or potentially suspicious. Document the research performed in a clear and concise manner and elevate activity that may warrant a SAR filing.
• Review High Risk Customers, complete EDD reviews, including due diligence searches and transaction reviews.
• Conduct investigations and prepare SARs based on investigation results, including the SAR form and narrative.
• Review SARs prior to filing for accuracy, completeness, and concise, well-written SAR narrative.
• Analyze various reports and data such as the wire logs, currency and misc. reports for suspicious activity, transaction patterns, high risk countries, etc. and perform appropriate investigations.
• Perform reviews and testing of various procedures and responsibilities, including CTRs, CIP exceptions, OFAC verifications to ensure accuracy and compliance with BSA/OFAC regulations.
• Review and investigate alerts related to potentially fraudulent activity.
• Assist AML/CFT Fraud Director with preparing for initiatives such as BSA audits and exams, BSA risk assessment, and developing procedures.
• Assist AML/CFT Fraud Director in responding to findings and recommendations from various initiatives and implementation of program enhancements, new procedures, etc.
• Complete required training as designated by AML/CFT Fraud Director.
• Investigate alerts related to OFAC sanctions, 314 (a) requests, and other searches as assigned.
• Other duties as assigned.

Skills/Abilities:

• Excellent verbal and written communication skills.
• Excellent math skills.
• Trustworthiness and the ability to act with integrity.

Education and Experience:

• High school diploma or equivalent is required.
• Previous experience working directly with the public preferred.
• Verafin experience preferred. Other automated AML system experience considered.
• BSA Compliance: 3 years (Required)
• Banking: 5 years (Required)

Benefits include:

• 401(k)
• Health insurance
• Dental insurance
• Vision insurance
• Flexible spending
• Health savings
• Life insurance
• Paid time off

Physical setting:

• Professional, in Office

Schedule:

• Full-time, Monday to Friday, 40 hours per week

Pay Range: $30.00 - $35.00 per hour. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience.

FirsTier Bank is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to including race, religion, color, national origin, gender, sexual orientation, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.