AML Operations Analyst I

The Anti-Money Laundering Operations Analyst I is part of a function that is primarily responsible for screening clients and transactions for associated Anti Money Laundering (AML) regulation compliance or best practices. Under direct supervision, this job supports screenings that are designed detect potential high risk individuals or activities exposing the company to regulatory or reputational risk. This job is responsible for the analysis of account activity to ensure compliance with the USA PATRIOT Act, Bank Secrecy Act (BSA), and Office of Foreign Assets Control (OFAC) requirements. This job investigates account activity for suspicious behavior, prepares and submits Suspicious Activity Report (SAR) filings in a timely manner, and provide guidance to business partners on high-risk accounts and transactions.

Key Responsibilities And Duties

• Monitors all transactions and filters those which seem to be coming from illegal or unethical sources.
• Recognizes and escalates high risk suspicious activity to AML Management for possible law enforcement and/or regulatory referrals.
• Prepares reports of such suspicious transactions and other cash transactions for further review.
• Gathers data/information necessary to determine if activity is suspicious.
• Updates fields in case management system to correspond with the activity being filed on.
• Provides guidance to business partners in matters of AML Compliance.
• Researches and supports responses to regulatory agencies, including law enforcement agencies, in view of applicable AML, Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) and Federal rules and regulations.
• Maintains an understanding of AML regulations current money laundering schemes and investigative techniques required to detect illegal or unethical schemes.
  
  

Educational Requirements

• University (Degree) Preferred
  
  

Work Experience

• No Experience Required
  
  

Physical Requirements

• Physical Requirements: Sedentary Work
  
  

Career Level

5IC

$26 - $35 ,

EverBank, N.A. ("EverBank") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.

EverBank's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.

VEVRAA Federal Contractor

Member FDIC

Notice to Job Seekers

Preferred Experience

• Matching research for monitoring of watch list filters such as OFAC, PEP, Negative News, and others.
• Escalation of Potential WLF matches to management.
• Conducting research utilizing available tools, systems, and the Internet, consistent with the resolution of alerts.
• Assessment of client and external counterparty profile data against potential matches to ensure normal and expected activity.
• Logging of research and analyses in the case management system via summary narratives and evidentiary documentation.
• Promptly escalating critical or reputational risk matters to the management.
• Daily research, review, and documentation required to file CTRs
• CTR Exemptions (Annual Review) research and analysis
• Participate in system and model testing reviews
• Support special projects and initiatives, as needed.
• Certified Anti-Money Laundering Specialist (CAMS) or Certified Global Sanctions Specialist (CGSS)
• Knowledge of various AML typologies.
  
  

Posting end date: 11/17/24