BSA AML Alert Analyst I Job at Provident Bank, Woodbridge, NJ

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  • Provident Bank
  • Woodbridge, NJ

Job Description

POSITION SUMMARY

Learn the fundamentals of BSA/AML/EDD alert dispositioning. Learn monitoring, analysis, and mitigation and escalation workflows, and maintain records with appropriate audit trails to be used as support during internal and external audits and regulatory examinations. Assist in supporting various BSA/AML/EDD related activities, including investigating and researching suspicious activity, monitoring the BSA/AML detection system, coordinating BSA/AML alerts and related activities.

 

MAJOR JOB RESPONSIBILITIES

 

  • Assist in investigating and dispositioning alerts generated from third party software for various types of potential fraud. 
  • Learn monitoring, analysis, and mitigation and escalation workflows. 
  • Assist in communicating with various areas of the organization to perform enhanced investigations.
  • Assist the preparing case investigations for the BSA/AML/EDD Investigations team.

SUPERVISORY RESPONSIBILITIES

None

SKILLS AND TRAINING

• Excellent written and oral communications skills combined with a demonstrated ability to clearly understand, translate and articulate projects, objectives, goals, schedules and assignments across various personnel and management levels. 
• Ability to work effectively with Bank staff at all levels as well as with outside vendors and regulators. 
• Knowledge of laws applicable to money laundering, to include the BSA, The USA Patriot Act, U.S. Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting requirements. 
• Experience in banking services, branch operations, risk management or other related functions essential. 
• Ability to work independently and as a team. 
• Superior organizational and analytical skills. Strong time management skills. 
• Must be highly flexible, multi-task oriented, and capable of changing directions based on immediate business demands. 
• Basic Proficiency with Microsoft Office including Outlook, Word, Excel and PowerPoint 
 
EDUCATION

  • High School diploma or GED plus advanced schooling at the community college or university level in such fields as Criminal Justice, Accounting, Business Administration, Finance, etc.

    WORK EXPERIENCE
  • 0 - 18 months related experience and/or tarining 


    LICENSES AND/OR CERTIFICATES

    none

     

    Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.

    We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

Job Tags

Work experience placement, Bank staff, Local area, Immediate start, Flexible hours,

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