AML/CFT Operations Specialist

Posted 14 Days Ago
Be an Early Applicant
Broomfield, CO, USA
In-Office
30K-35K Hourly
Senior level
Financial Services
The Role
Reviews AML monitoring alerts, suspicious activity, high-risk customers, CIP documentation, SARs, CTRs, OFAC investigations, and fraud alerts. Conducts enhanced due diligence, transaction analysis, compliance testing, and procedure reviews. Supports BSA audits, risk assessments, regulatory exam preparation, findings remediation, and program enhancements. Requires banking and BSA compliance experience, strong communication and analytical skills, and proficiency with AML systems and Microsoft Office.
Summary Generated by Built In

FirsTier Bank is a family-owned community bank currently serving 12 branch markets throughout Colorado, Wyoming and Nebraska. We are currently searching for an AML-CFT Operations Specialist to join our Broomfield, Colorado corporate team.

Enjoy a rewarding career while providing exceptional service to our valued customers.

Job description

The AML/CFT Operations Specialist position works closely with the bank’s AML/CFT Fraud Director and Corporate Operations in identifying suspicious activity through automated and manual processes, risk rating of customers, CTR decisions and review of SARs prior to filing. The position is also responsible for assisting the AML/CFT Fraud Director in the testing of procedures to ensure compliance with regulations.

Qualifications required:

  • Minimum 5 years general banking experience
  • 3-5 years of BSA compliance experience, including transaction analysis for suspicious activity
  • Experience with AML monitoring systems, Verafin preferred
  • Must be proficient in Microsoft Office (primarily Word and Excel)

Essential functions and responsibilities:

  • Review CIP documentation for new customers and identify exceptions.
  • Investigate alerts generated by the Bank’s AML monitoring system and determine if activity is reasonable or potentially suspicious. Document the research performed in a clear and concise manner and elevate activity that may warrant a SAR filing.
  • Review High Risk Customers, complete EDD reviews, including due diligence searches and transaction reviews.
  • Conduct investigations and prepare SARs based on investigation results, including the SAR form and narrative.
  • Review SARs prior to filing for accuracy, completeness, and concise, well-written SAR narrative.
  • Analyze various reports and data such as the wire logs, currency and misc. reports for suspicious activity, transaction patterns, high risk countries, etc. and perform appropriate investigations.
  • Perform reviews and testing of various procedures and responsibilities, including CTRs, CIP exceptions, OFAC verifications to ensure accuracy and compliance with BSA/OFAC regulations.
  • Review and investigate alerts related to potentially fraudulent activity.
  • Assist AML/CFT Fraud Director with preparing for initiatives such as BSA audits and exams, BSA risk assessment, and developing procedures.
  • Assist AML/CFT Fraud Director in responding to findings and recommendations from various initiatives and implementation of program enhancements, new procedures, etc.
  • Complete required training as designated by AML/CFT Fraud Director.
  • Investigate alerts related to OFAC sanctions, 314 (a) requests, and other searches as assigned.
  • Other duties as assigned.

Skills/Abilities:

  • Excellent verbal and written communication skills.
  • Excellent math skills.
  • Trustworthiness and the ability to act with integrity.

Education and Experience:

  • High school diploma or equivalent is required.
  • Previous experience working directly with the public preferred.
  • Verafin experience preferred. Other automated AML system experience considered.
  • BSA Compliance: 3 years (Required)
  • Banking: 5 years (Required)

Benefits include:

  • 401(k)
  • Health insurance
  • Dental insurance
  • Vision insurance
  • Flexible spending
  • Health savings
  • Life insurance
  • Paid time off

Physical setting:

  • Professional, in Office

Schedule:

  • Full-time, Monday to Friday, 40 hours per week

Pay Range: $30.00 - $35.00 per hour. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience.

FirsTier Bank is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to including race, religion, color, national origin, gender, sexual orientation, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Skills Required

  • Minimum 5 years of general banking experience
  • 3-5 years of BSA compliance experience, including transaction analysis for suspicious activity
  • Experience with AML monitoring systems
  • Verafin experience
  • Proficiency in Microsoft Office, primarily Word and Excel
  • High school diploma or equivalent
  • Previous experience working directly with the public
  • Excellent verbal and written communication skills
  • Excellent math skills
  • Trustworthiness and ability to act with integrity
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The Company
HQ: Kimball, NE
152 Employees

What We Do

FirsTier Bank is a community-focused financial institution with branches across Colorado, Nebraska, and Wyoming. Established in 1955, the bank provides a comprehensive range of personal and business banking services, including lending solutions, treasury management, and digital banking tools. Committed to the prosperity of its clients and communities, FirsTier Bank emphasizes stability, trust, and quality service, operating as an Equal Housing Lender and Member FDIC.

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