Aml Investigator Jobs

PSECU, a high-tech progressive financial institution with more than $8 billion in assets, is seeking an AML Investigator to properly execute Anti-Money Laundering (AML), Bank Secrecy Act (BSA), and Office of Foreign Assets Control (OFAC) related duties. This is accomplished through assisting the AML Officer in maintaining and enhancing PSECU’s AML program. The AML Investigator must have knowledge of all applicable government regulations, including but not limited to, Bank Secrecy Act, Sanctions laws, and other Anti-Money Laundering regulations as well as OFAC regulations and the USA Patriot Act. Maintains an in-depth knowledge of the FFIEC BSA/AML Exam Manual.

Benefits: We offer a competitive salary, excellent benefits and a great work environment. Along with excellent medical and retirement programs and a generous leave package, our workplace offers tuition reimbursement.

Employee Type: Full-time, Exempt

Schedule: Monday-Friday –9am-5pm

This position will be a hybrid model of both in person and remote with the minimum onsite expectation of 20%, or as needed. #LIHybrid

Minimum Starting Pay Rate: $60K/yr. (Commensurate with experience)

DUTIES AND ACCOUNTABILITIES - Essential for this position:

• Reviews and electronically prepares pre-filed Currency Transaction Reports (CTR).

• Reviews and recommends CTR exemptions.
• Reviews and investigates excessive cash reports.

• Investigates and resolves case activity related to suspicious transaction activity (i.e., AML monitoring system or referrals).

• Performs trend analysis on a monthly basis.
• Completes Suspicious Activity Reports (SAR), files and maintains the SAR documentation.

• Assists in identifying and analyzing high risk activity and risk status for individual members or member groups.
• Conducts all PSECU required OFAC checks, including OFAC IAT, whether referrals or system generated.
• Assists the AML Officer with BSA, OFAC, USA Patriot Act, and other anti-money laundering initiatives as needed.
• Monitors and/or ensures compliance with Federal and State laws and regulations; including but not limited to the Bank Secrecy Act and Anti-Money Laundering, in addition to, PSECU operation policies and procedures.

MINIMUM / PREFERRED EXPERIENCE AND EDUCATION:

Minimum Experience:

Certification in field of expertise is preferred, i.e., CAMS, CFE, CFSSP, or CPP.

Preferred Experience:

Bachelor’s degree in criminology, Accounting, Finance or Business,

Or any equivalent combination of experience and education.