AML/CFT and Fraud Analyst

The AML/CFT and Fraud Analyst is responsible for investigating and reporting alerts from internal monitoring systems related to Anti-Money Laundering (AML), Counter-Financing of Terrorism (CFT), and fraud activities. This position serves as a subject matter expert, providing guidance to front-line staff on regulatory compliance matters while ensuring adherence to federal and state regulations. The analyst will utilize core banking systems and monitoring platforms to detect suspicious activities and may serve as a system administrator for related compliance systems.

Essential Functions

Operations

• Investigate and report unusual activity alerts related to AML/CFT and fraud detection.
• Provide operational support for general branch inquiries, including resolving complex legal issues.
• Review documentation related to Customer Identification Program (CIP), fraud reports, and deposit accounts.
• Assist in developing, writing, and implementing bank procedures and policies
• Participate in departmental reviews and regulatory audits.

Job Knowledge & Expertise

• Maintain comprehensive knowledge of AML/CFT, OFAC, and fraud-related regulations.
• Communicate effectively with staff and customers regarding bank policies and procedures
• Serve as primary liaison with examiners, regulators, and internal/external auditors during compliance examinations.
• Stay current on regulatory changes and industry best practices.

Compliance & Risk Management

• Provide technical support and assistance to branches and departments regarding AML/CFT and fraud compliance.
• Review and assess AML/CFT and fraud bank procedures for regulatory compliance.
• Support the AML/CFT Officer with the Bank's BSA/AML/OFAC and Fraud Risk Management programs.
• Identify, monitor, and report suspicious activities; review reports prepared by others.
• Prepare and file Suspicious Activity Reports (SARs) as required.
• Conduct regular reviews of account and loan documentation for CIP compliance
• Assist in fraud and operational loss investigations.
• Maintain a current knowledge of bank regulations. Ensures compliance with all position-related Federal, State, and Bank policies, procedures, and regulations.

System Administration & Technical Support

• Extensively utilize the Bank's core banking system and unusual activity monitoring systems.
• Serve as system administrator for compliance-related systems, including user privilege management.
• Test new system features and enhancements.
• Identify and resolve system and software problems.
• Perform data mapping, manipulation, and analysis.

Community Engagement

• Support Community Reinvestment Act (CRA) activities through community involvement and outreach efforts.
• Actively participate in community organizations and banking industry associations.

Other duties as assigned. 

Performance Measurements 

• Timely and accurate investigation and reporting of suspicious activity alerts.
• Quality and completeness of Suspicious Activity Reports filed.
• Effectiveness in providing guidance and support to front-line staff.
• Compliance with regulatory examination findings and corrective actions.
• System uptime and user support metrics for administered compliance systems.
• Contribution to policy development and procedural improvements.
• Professional development and maintenance of regulatory knowledge.
• Consistently demonstrates the behaviors that embody River City Bank’s Values. 
• Good working relationships and coordination exist with all co-workers and managers in all bank departments. 

Qualifications

Education:  

• Bachelor’s degree in finance, Business Administration, Criminal Justice, or related field 
• An equivalent combination of education and experience may be considered

Required Experience: 

• Minimum of two (2) years of financial institution experience in investigating and reporting AML/CFT and fraud alerts. 
• Demonstrated experience in implementing AML/CFT policies, programs, and procedures. 
• Experience with regulatory compliance in a banking environment.

Knowledge/Skills/Abilities: 

• Comprehensive knowledge of AML/CFT/OFAC and fraud regulations, including BSA, USA PATRIOT Act, and related compliance requirements 
• General knowledge and understanding of fraud prevention, bank deposit operations, lending activities, and consumer banking functions 
• Strong analytical and investigative abilities with exceptional attention to detail and accuracy 
• Excellent decision-making skills and ability to exercise sound judgment 
• Proficiency with data mapping, data manipulation/analysis, and technical research 
• Strong written and verbal communication skills 
• Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators, and examiners 
• Ability to maintain strict confidentiality and handle sensitive information appropriately 
• Proficiency in core banking systems and compliance monitoring software 
• Strong organizational and time management skills

Preferred Qualifications

• Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner). 
• Experience with system administration and user management. 
• Previous experience working with regulatory examiners and auditors.

Additional Comments:

River City Bank is an Affirmative Action and Equal Opportunity Employer with a commitment to diversity. Individuals seeking employment at River City Bank are considered without regards to ancestry, age, color, physical or mental disability, genetic information, gender, gender identity, gender expression, marital status, medical condition, national origin, race, religion, sex, sexual orientation, protected veteran/military status or any other consideration made unlawful by federal, state or local laws.

Note: River City Bank does not sponsor applicants for work visas.

For CA residents please read the Notice at Collection - California before applying.