FinCEN 314(a) Analyst — Compliance & Investigations

Community Federal Savings Bank; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

Community Federal Savings Bank in New York, NY is seeking an Associate, FinCEN 314(a) Analyst to review and disposition FinCEN 314(a) matches and support AML/BSA compliance efforts.

The role requires 2+ years in compliance with a focus on financial crime, 4+ years in banking, and strong analytical and communication skills to document investigations and prepare SARs. On-site work in NYC with a competitive salary.

Qualifications

• High school diploma required, with some college coursework completed.
• Minimum of 2 years of experience in Compliance, Audit, or Internal Controls; with a minimum of 4 years of experience in the Banking Industry.
• Intermediary Financial Crimes and AML/BSA regulatory knowledge.
• Sufficient experience with financial services industry risks, fraud typologies, and regulations, including fintech partnerships.
• Proficiency with Microsoft Office Suite (Excel, PowerPoint, Word), Outlook and Teams.
• Professional certification (e.g., CAMS, CFE) is a plus.
• Understanding of Bank Operations, Payments Services, and overall financial services ecosystem.

Responsibilities

• Ensure timely and accurate review and disposition of potential matches received from FinCEN under Section 314(a) of the USA PATRIOT Act.
• Consistently meet and/or exceed production and quality expectations.
• Assist in investigating identified matches to determine the validity and potential risk associated with the activity.
• Maintain and update investigation workflows, ensuring that all necessary documentation is accurately recorded and stored in accordance with company policies.
• Ensure thorough documentation of investigative findings and prepare comprehensive reports, including SARs for submission to FinCEN and other regulatory bodies as required.
• Assist in analyzing trends and patterns in 314(a) matches to identify areas for process improvement and operational efficiency.
• Communicate effectively with the FinCEN 314(a) team regarding status, emerging issues, and recommended actions related to the FinCEN 314(a) process.
• Stay updated on regulatory changes and AML/BSA typologies, ensuring processes remain aligned with evolving compliance requirements.
• Participate in special projects and initiatives to enhance the 314(a) process and address other FIU priorities as needed.

Skills

FinCEN 314(a) knowledge

AML regulations

Analytical skills

Confidentiality

Production/quality targets

Time management

Communication skills

Teamwork

Education

High school diploma plus some college coursework

2+ years in Compliance/Audit/Internal Controls

4+ years in Banking industry

AML/BSA regulatory knowledge

Microsoft Office Suite

CAMS/CFE (nice to have)

Tools

Microsoft Office Suite

Job description

Community Federal Savings Bank in New York, NY is seeking an Associate, FinCEN 314(a) Analyst to review and disposition FinCEN 314(a) matches and support AML/BSA compliance efforts.

The role requires 2+ years in compliance with a focus on financial crime, 4+ years in banking, and strong analytical and communication skills to document investigations and prepare SARs. On-site work in NYC with a competitive salary.