Elite AML/CFT Due Diligence Analyst

Beacon Bank; Boston (MA); On-site; USD 52,000 - 90,000; Full time

Job summary

Beacon Bank’s FIU AML/CFT Team seeks an analyst to perform and support anti-money laundering duties, including due diligence research, customer risk classification, and investigation of alerts. The role emphasizes collaboration with business lines to remediate data gaps and ensure regulatory compliance.

Requires at least an Associates degree, 3 years in BSA/AML or sanctions, and CAMS or equivalent certification preferred. Location includes MA and surrounding states; salary ranges are provided.

Qualifications

• Associates degree or equivalent experience.
• Minimum 3 years’ experience in a BSA/AML or sanctions role within a financial institution or similar role.
• Strong knowledge of BSA/AML regulations including CDD, KYC, EDD and SARs.

Responsibilities

• Performs due diligence and enhanced due diligence on new customers and relationships.
• Investigates higher risk customers for suitability in line with opening/retention standards.
• Performs periodic enhanced due diligence reviews on designated higher risk customers.
• Maintains and analyzes customer data and generates case summaries for escalation.

Skills

CDD knowledge

KYC knowledge

Analytical skills

Research skills

Communication skills

Education

Associates degree

Job description

Beacon Bank’s FIU AML/CFT Team seeks an analyst to perform and support anti-money laundering duties, including due diligence research, customer risk classification, and investigation of alerts. The role emphasizes collaboration with business lines to remediate data gaps and ensure regulatory compliance.

Requires at least an Associates degree, 3 years in BSA/AML or sanctions, and CAMS or equivalent certification preferred. Location includes MA and surrounding states; salary ranges are provided.