Department:   Compliance

Job Title:        AML Assistant Compliance Officer

Reports to:      AML Manager


Position Description/Overview:

Responsibility includes all areas of Anti-money Laundering

  • Maintain all sections of the Compliance policies and procedures
  • Member of the Branch Compliance Committee
  • Provide and maintain a compliant working environment by adhering to all laws, regulations and ethical standards and to lead by example
  • Incumbent must keep up with current events as they relate to Laws and Regulations. This can be achieved through outside training as well as direct updates from regulatory agencies.
  • Informs AML Manager of any potential regulatory compliance shortfalls.
  • Opines on any new regulatory pronouncements or changes and potential impact they may have on the Branch or Bank.
  • Prepares and reports on issues to the Branch Compliance Committee
  • Conduct online research on transaction parties.
  • Use E-gift EDD and ICS system to conduct suspicious activity inquiry.
  • Review system-generated alerts for potential suspicious activity.
  • Compile appropriate supporting documentation (transaction csv & internet research) with the alert investigations.
  • Analyze investigation evidence and findings, and make proper judgment on potential suspicious activities.
  • Draft SAR narratives (i.e. for New SARs and 90 day SAR reviews).
  • Assist in filling out the SAR Form based on SAR narrative.
  • Assist and support the AML team in other duties such as statistic collecting, analysis, report drafting and SAR filing.
  • Perform other compliance related duties as required


Knowledge/Skill Requirements:

  • Familiarity with U.S. Laws and Regulations
  • Superior written and verbal skills in order to communicate with senior management and staff.
  • Ability to comprehend changes to laws and regulations including reporting impact of changes to senior management
  • Must be computer literate especially using Word, Excel and PowerPoint


Experience Requirements:

  • Certification as an Anti-money laundering specialist


To apply for this job email your details to margaret@mjboyd.net