Senior AML Investigator: Bank Secrecy & Risk

Cathay Bank in; Monterey Park (CA); On-site; USD 43,000 - 50,000; Full time

Benefits offered by this job

Full-time position

Competitive benefits package

Medical, dental, vision coverage

Job summary

Cathay Bank is seeking an Investigator to conduct transactional activity reviews and due diligence on AML risks for current and prospective clients. You will interface with branch staff to gather information and prepare concise narratives to support risk assessments.

Responsibilities include SARs when needed, rigorous documentation, and coordination with the AVP Manager to review patterns and policy changes. A Bachelor's in business/finance and 3+ years of related experience are preferred.

Qualifications

• Bachelor's Degree in business or finance preferred.
• 3+ years of investigative experience with emphasis on BSA/AML, SDD/KYC and OFAC.
• Knowledge of U.S. BSA/AML laws/regulations.

Responsibilities

• Conduct transactional activity reviews and due diligence on AML risks for existing or potential clients.
• Interface with branch staff to obtain client information and documentation.
• Prepare cohesive narratives; escalate issues with AVP Manager as needed.
• Complete SARs when required and ensure proper documentation and tracking.

Skills

Strong analytical skills

Excellent written and verbal comms

Independent worker

Multi-tasking

Microsoft Office proficiency

Education

Bachelor's Degree in business or finance

Tools

Microsoft Office

Job description

Cathay Bank is seeking an Investigator to conduct transactional activity reviews and due diligence on AML risks for current and prospective clients. You will interface with branch staff to gather information and prepare concise narratives to support risk assessments.

Responsibilities include SARs when needed, rigorous documentation, and coordination with the AVP Manager to review patterns and policy changes. A Bachelor's in business/finance and 3+ years of related experience are preferred.