Senior AML Investigator: Risk & Compliance Analysis

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

Benefits offered by this job

Discretionary bonus

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability

401(k)

FSAs/HSA with company contributions

Job summary

Cathay Bank is seeking an Investigator to conduct AML-related reviews and due diligence on clients to mitigate regulatory and reputational risk. The role interfaces with branch staff to obtain transaction activity data and documentation, and involves preparing concise analyses.

Required are 3+ years in investigative work focusing on BSA/AML, SDD/KYC and OFAC, plus strong analytical and communication skills. Occasional overtime and weekend work are expected.

Qualifications

• Bachelor’s degree in business or finance preferred.
• 3+ years of investigative experience with BSA/AML, SDD/KYC and OFAC.
• Familiarity with U.S. BSA/AML laws/regulations required.

Responsibilities

• Conduct transactional activity reviews and due diligence.
• Interface with branch staff to gather information.
• Maintain knowledge of BSA/AML and OFAC regulations.
• Analyze accounts for trends and irregular patterns.
• Request supporting docs from account officers.
• Prepare cohesive narratives for client profiles.
• Complete SARs when necessary and track deadlines.
• Coordinate with the AVP Manager to resolve issues.

Skills

Analytical skills

Communication skills

Multitasking

MS Office

BSA/AML knowledge

Independent work

Education

Bachelor’s Degree in business/finance

Tools

Microsoft Office

Job description

Cathay Bank is seeking an Investigator to conduct AML-related reviews and due diligence on clients to mitigate regulatory and reputational risk. The role interfaces with branch staff to obtain transaction activity data and documentation, and involves preparing concise analyses.

Required are 3+ years in investigative work focusing on BSA/AML, SDD/KYC and OFAC, plus strong analytical and communication skills. Occasional overtime and weekend work are expected.