BSA/AML Analyst: Investigations & Compliance Expert

Salem Five Bank; Salem (MA); On-site; USD 52,000 - 65,000; Full time

Benefits offered by this job

Health Insurance

Dental

Vision

401(k) Matching

Tuition Reimbursement

Employee Referral Program

Job summary

A regional financial services organization in Salem, MA, is seeking an AML/Fraud Monitoring Specialist. This role involves investigating potential money laundering activities, preparing Suspicious Activity Reports, and ensuring compliance with federal regulations. The ideal candidate should have at least two years of banking experience, knowledge of AML regulations, and strong analytical skills. Competitive salary range of $52,000 to $65,000 offered.

Qualifications

• At least two years of related banking experience.
• Must have general knowledge of money laundering.
• Ability to learn and use new software products.

Responsibilities

• Investigate and assess alerts relating to potential money laundering.
• Prepare and file Suspicious Activity Reports.
• Support daily Currency Transaction Reporting processing.

Skills

Knowledge of Bank Secrecy Act regulations

Banking experience

Investigative skills

Excel proficiency

Familiarity with suspicious transaction monitoring systems

Education

Associates degree or equivalent from a two-year college

Tools

Microsoft Excel

Microsoft Word

Fiserv DNA core banking system

Job description

A regional financial services organization in Salem, MA, is seeking an AML/Fraud Monitoring Specialist. This role involves investigating potential money laundering activities, preparing Suspicious Activity Reports, and ensuring compliance with federal regulations. The ideal candidate should have at least two years of banking experience, knowledge of AML regulations, and strong analytical skills. Competitive salary range of $52,000 to $65,000 offered.