AML Analyst I

The BSA/AML CDD Analyst works with the AML Team Lead as well as other members of the AML team on various tasks related to First Bank Inc.'s Client Due Diligence (CDD) program. Effectively evaluating the bank's higher AML risk clients, within the regulatory and legal guidelines, is an essential part of First Bank Inc.'s overall AML program.

DUTIES AND RESPONSIBILITIES will include the following:

Reviewing clients that score as High or Medium through the bank's Client Risk Rating Model (CRR Model) as part of ongoing due diligence.

Reviews include, but are not limited to:

Transactional analysis -- client transactions over a specified time period

Documentary review -- related to the client, account documents, business formation documents, etc.

Third-party information searching -- utilizing applications like Lexis Nexis, if applicable

Negative Media searching

Branch interaction

Client analysis culminates in case completion within the bank's AML Monitoring program (Verafin), that is then reviewed/approved by a Team lead or other members of the AML team, as appropriate

Periodic reviews must be completed timely, and accurately; and are expected to provide an appropriate analysis of the client's risk, either confirming that the risk is acceptable or that the client file needs to be escalated for further review.

Also assists the BSA/AML Officer and members of AML Team with:

• Preparation of updates to BSA/AML Manual and department procedures.
• Researching and answering BSA/AML related questions from First Banks Inc. employees.
• Providing operational support for the AML program as a whole, while ensuring that regulatory obligations and expectations are met.
• Representing the BSA/AML team on company-wide projects as assigned and promoting collaboration between AML and functional business units of the organization.
• Provides direct assistance and support to other AML personnel and other areas of the company as deemed necessary.
• Other duties and responsibilities may be assigned

• Bachelor's degree (B. A.) in a business-related field from four-year college or university preferred
• Minimum one to two years AML or Compliance experience and five-plus years banking experience; or equivalent combination of education and experience
• Direct experience performing CDD reviews or equivalent client analysis
• Proficiency in Word, Excel, and Outlook are required; possess an ability to learn new applications
• Experience using AML monitoring systems is a plus
• Multi-lingual, a plus
• U.S. Military Veterans are encouraged to apply