AML Specialist

Supports the Company’s Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT), Customer Identification, and Sanctions Monitoring programs to ensure compliance with federal and state regulatory requirements.

Responsibilities

• Support the effective execution of the Company’s AML/CFT, CIP, and sanctions programs to ensure ongoing compliance with applicable federal and state regulations.
• Identify, investigate, and report potentially suspicious activity in a timely and accurate manner to protect the organization from financial crime risk.
• Perform enhanced due diligence and ongoing monitoring of high-risk customers to mitigate exposure to money laundering and terrorist financing risks.
• Partner with lines of business and internal stakeholders to obtain and analyze customer information and promote strong AML awareness and accountability.
• Maintain and enhance AML knowledge, tools, and processes to support the effectiveness and sustainability of the Company’s AML program.
• Review transaction monitoring alerts and reports.
• Identify potential suspicious activity and escalate alerts as appropriate.
• Prepare and file Suspicious Activity Reports and Currency Transaction Reports within regulatory timelines.
• Conduct high-risk customer due diligence and periodic reviews.
• Review customer account activity for CIP, CDD, and Beneficial Ownership compliance.
• Review and disposition potential sanctions and Section 314(a) matches.
• Support law enforcement requests and subpoenas as needed.
• Collaborate with lines of business to obtain customer information and clarify transactional activity.
• Maintain effective working relationships to support AML monitoring and compliance.
• Support Corporate AML leadership with programmatic activities.
• Seek ongoing learning opportunities and share AML knowledge with team members.

Requirements

• Associate’s degree required; Bachelor’s degree in finance, accounting, business administration, or a related field preferred.
• CAMS and/or CFCS certification preferred.
• Two to four years of experience in BSA/AML compliance or a related financial crime role.
• Strong analytical skills with the ability to evaluate complex transactional data and draw sound conclusions.
• Strong written and verbal communication skills with the ability to document findings clearly and professionally.
• Proven ability to handle sensitive and confidential information with discretion.
• Proficiency in Microsoft Office and familiarity with AML monitoring systems and related technology.

Benefits

• Medical
• Dental
• Vision
• 401(k) Match
• Profit Sharing
• Paid Time Off
• 11 Holidays
• Tuition Reimbursement
• Free Parking throughout Tompkins Community Bank
• Employee Referrals

Pay

USD $28.00 - USD $33.00 /Hr.