AML/CFT Analyst I

Description

Who We Are: 

FFB, a dynamic and acclaimed single-branch bank born in the heart of Fresno, CA in 2005, is on a mission to redefine the banking experience. Our commitment to delivering top-notch banking services has propelled us to the forefront of the industry, earning us accolades and recognition. At FFB, we recognize the uniqueness of each individual who walks through our doors, and our dedicated team strives to craft personalized banking solutions that cater to their distinct needs.

What sets FFB apart is not just our Fresno roots but the diverse talents that make up our team, hailing from every corner of the country. We firmly believe that our people are our greatest strength, and we're constantly on the lookout for ambitious and passionate individuals who align with FFB's vision, regardless of their location.

If you're ready to be part of a winning team and contribute to our ongoing success story, we invite you to apply and join the FFB family!

Recent Achievements Speak Louder Than Words:

• 2024 - American Banker - #1 Top Performing Publicly Traded Bank with under $2b in assets  
• 2023 - American Banker - "Top 5" Community Bank in the Country #4 
• 2023 - OTCQX - Best 50 Companies #3 
• 2023 - 5-star Rating Bauer Financial 

What You Should Expect While Working at FFB:

• Company ownership through our Employee Stock Ownership Program (ESOP)
• A friendly, close-Knit work culture that encourages growth 
• Opportunities to Participate in Community Networking Events 
• Benefits Package

o Medical/Dental/Vision

o Life Insurance

o Paid Vacation

o 401(k) Retirement Plan

o Training & Development

o Tuition Reimbursement

o Employee Assistance Program

o Internal Job Posting & Referral Program

Ideal Candidate: 

FFB prides itself on its core values of Teamwork, Relationship, Authenticity, and Commitment (TRAC). We expect that our team members will reflect these values in the workplace in various ways: 

• Teamwork – We collaborate, hold each other accountable, and win together. 
• Relationship – We are trustworthy, transparent, and respectful. 
• Authentic – We are humble, vulnerable, and we speak up. 
• Commitment – We are owners...Be hungry, responsive, and have a sense of urgency.

About the Position:

The AML/CFT Analyst I assists in the implementation and administration of the AML/CFT compliance program. The AML/CFT Analyst I performs various quality control reviews and monitoring pertaining to the Bank Secrecy Act, USA PATRIOT Act, Anti-Money Laundering Program, OFAC and Customer Identification programs using industry standards and regulatory guidance to ensure the bank’s compliance efforts are maintained daily.  

Essential Duties:

• Maintains thorough knowledge of current AML/CFT and OFAC regulations, as well as all applicable federal and state laws and bank policies and procedures.
• Reviews daily cash reports to identify, and file required Currency Transaction Reports (CTRs), within required time limits.
• Maintains files and documentation for CTR exempt customers.
• Monitors AML/CFT software daily alerts, trends, and potential unusual or suspicious activities. 
• Investigates daily alerts and referrals to identify and report suspicious activity on simple to moderately complex cases.
• Prepares and files Suspicious Activity Reports (SARs), as appropriate, based on alerts and referrals.
• Maintains supporting documentation for all SARs and potential SARs.
• Performs timely periodic review and analysis of high-risk customers.
• Performs callback of all new deposit accounts to ensure appropriate CIP/CDD/ADD and risk score requirements are followed.
• Ensures all supporting documentation for legal entity customers are scanned and maintained in the core system.
• Prepares monthly reports for the Director of AML/CFT, covering key areas including high-risk customer reviews, CIP/CDD/EDD callback errors, SARs and PSARs filed, and CTRs filed.
• Provides feedback to the Director of AML/CFT for potential control weaknesses, staff training needs, policy, or procedure enhancements and/or ongoing system errors.
• Monitors record retention.
• Supports the implementation of training programs related to AML/CFT policies, procedures, and compliance.
• Contributes to the development of bank forms, notices, and procedures to ensure adherence to AML/CFT regulations.
• Aids in the preparation and updating of the AML/CFT Risk Assessment, policies, and procedures.
• Assists in managing the AML/CFT software monitoring system.
• Assists in the preparation and coordination of independent audits and regulatory exams.
• Provides guidance and research support to bank staff on AML/CFT-related inquiries.
• Embodies the TRAC Values and Critical Behaviors (Teamwork, Relationship, Authenticity, Commitment) as core principles, using them to guide daily interactions and decision-making.
• Completes administrative tasks with a sense of urgency, including required Bank Compliance Training. Responds to internal and external inquiries via email, phone, or messaging platforms in a timely and professional manner. Positively represents the Bank through ethical conduct and community involvement.
• Demonstrates an understanding of and commitment to EEO policies. Fosters a respectful, inclusive workplace by valuing cultural differences, preventing harassment of any kind, and supporting a diverse workforce. 
• Ensures adherence to all Bank policies, procedures, and processes, along with applicable state and federal laws, rules, and regulations, ensuring confidentiality and data privacy while carrying out AML/CFT (Anti-Money Laundering and Countering the Financing of Terrorism) responsibilities specific to the role.
• Performs duties in an office or home office environment, involving tasks such as writing, typing, speaking, lifting moderate weights, and operating office equipment. The position requires physical activities like sitting, walking, and reaching. Reasonable accommodation can be made for individuals with disabilities to perform essential functions.
• Travels up to 10%, including but not limited to attending company meetings, training sessions, and corporate events, with travel typically being regional or local based on business needs.

Requirements

• High school diploma or equivalent required; bachelor’s degree preferred.
• Minimum 1–2 years of related experience in a financial institution working in risk management, compliance or AML preferred.
• Basic analytical and problem-solving skills; ability to work with and interpret data.
• Experience with CSI and Verafin preferred. Proficiency with Microsoft Office Suite (Excel, Word, Outlook) required. Intermediate knowledge of AML/CFT monitoring software.
• Intermediate knowledge of creating and/or performing quality control on SAR and CTR
• Basic knowledge of risk rate accounts. 
• Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers, vendors and employees. 
• Strong organizational and time management abilities with attention to detail.
• Proficient teamwork and relationship skills to contribute to cross-functional collaboration and team success. 
• Willingness to take on special projects and perform other duties as assigned, beyond core responsibilities, to support team and organizational needs.
• Commitment to continuous learning and professional development to stay current with industry standards and best practices. 
• Ability to maintain authenticity and integrity in all professional interactions, ensuring trust and credibility with stakeholders.
• Capable of managing multiple priorities and meeting deadlines in a dynamic environment.
• Ability to work independently with minimal supervision and as part of a team.
• Proven ability to adapt to changing priorities and procedures.
• Current driver’s license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities.