FCRM Transaction Monitoring Analyst II (Hybrid)

Monitors transactions for potentially suspicious activities. Identify, investigate, and document suspicious activities, and complete Suspicious Activity Reports in accordance with regulatory rules and regulations.

Essential Functions

1. Conducts periodic and schedules internal account and customer reviews to identify potentially suspicious activity. Uses departmental and governmental standards and processes when conducting reviews.
2. Analyzes transactional information on routine to more complex items to identify risks, trends, and potential suspicious activity in accordance with company and regulatory standards and controls.
3. Documents steps taken throughout the review process to ensure the activity record is updated and maintained for audit and compliance purposes. Develops close working relationships with internal lines of business to obtain relevant information related to their client’s transaction activity in support of suspicious or potentially suspicious activities. Gathers the details and facts needed to decide on the suspicious activity within the position’s scope of responsibility.
4. Prepares referrals and potentially suspicious considerations in accordance with established procedures, regulatory guidelines, and time frames.
5. Communicates potentially suspicious activity findings and cases to management. Keeps management informed of situations as they arise, keep detailed records of activities, and elevate questions and concerns.
6. Provides training, coaching, and/or reviews work and provides insights and recommendations to other team members, as necessary.
7. Acts as a subject matter expert on AML (Anti-Money Laundering), KYC (Know Your Customer) issues sharing knowledge.
8. Executes projects, process, and initiatives within the transaction monitoring team.
9. Performs other duties as assigned.

• Undergraduate degree in a related field or an equivalent combination of training and experience.
• 5 years of Anti-Money Laundering (AML) or compliance experience.

• Extensive working knowledge of SARs, AML and KYC rules and regulations.
• Excellent verbal, written, and interpersonal communication skills.
• Team player, able to work effectively in a team fostered, multi-tasking environment.
• Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank, N.A. and Benefits Information: click here

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The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.