AML/CFT Specialist I
Eastern BankSanta Fe, New Mexico, United States
Posted May 12, 2026
Full Time
About the Company
Century Bank is an Equal Employment Opportunity/Affirmative Action employer and does not discriminate on the basis of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age or veteran status.
Job Description
The AML/CFT Specialist will support the daily management of all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Office of Foreign Assets Control (OFAC) program management.
Requirements
- Make procedural recommendations for Retail Banking and Deposit Operations.
- Assist bank employees by answering questions, resolving problems/issues, and assisting with complex matters related to AML/CFT.
- Maintain current knowledge of AML/CFT regulations, the Bank Secrecy Act, the USA Patriot Act, OFAC and other related regulations.
- Review system generated alerts for suspicious or unusual activity and escalate findings as needed.
- Conduct preliminary investigations related to potential SAR filings and make recommendations to the AML/CFT SAR Committee.
- Support Enhanced Due Diligence (EDD) reviews for higher-risk customers under guidance from AML/CFT Director.
- Attend training regularly to broaden knowledge about AML/CFT and related regulations.
- Review new consumer and business accounts for CIP compliance and risk.
- Approve OFAC matches as needed.
- Review new accounts for CIP and account documentation – Commercial and Consumer.
- Assist front line branch personnel by providing CIP documentation guidance and assistance.
- Assist in preparing and filing Currency Transaction Reports (CTRs).
- Review CTR exemptions and maintain proper records to support exempt status.
- Process Subpoenas & Summons.
- Act as back-up for the AML/CFT Director.
- Oversee the AML/CFT Department in the AML/CFT Director’s absence.
- Communicate with the branch managers regarding customer activities.
- Resolve potential OFAC matches and know the correct actions for a genuine match to a name on the lists.
- Complete 314a reports and recordkeeping.
- Monitor Yellowhammer BSA, including monthly worklists and semi-annual risk rating.
- Monitor suspicious activity through various reports and software applications.
- Maintain SAR logs.
Benefits
- Generous Paid Time Off
- 401k Matching
- Health Insurance
- Dental Insurance
- Vision Insurance
- Retirement Plan
