AML Operations Analyst I

AML Operations Analyst IThe 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 Level5ICPreferred 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: 11/17/24Job Seeker NoticeEverBank, 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 ContractorMember FDICNotice to Job Seekers (https://everbank.com/about/careers/notice-to-job-seekers)Pay Range $26 - $35EverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status.We will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by us, or (c) consistent with our legal duty to furnish information.