Job Description
Job Description
Celtic Bank's Compliance Team's mission is to ensure the safety and soundness of the Bank while maintaining a healthy, compliant customer base and we are looking to hire a Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Analyst to join our team! In this role, you will perform customer and enhanced due diligence account reviews and conduct daily operational tasks associated with meeting internal standards and regulatory requirements. These duties include reviewing accounts for potential suspicious activity, conducting investigations on alerts, analyzing transaction activity and trends, and writing Suspicious Activity Reports (SARs). You will report to the BSA Manager. Below is a list of tasks you may experience, but not limited to, within the role:
Primary Job Functions:
- Investigate potential unusual activity, money laundering, fraud, or terrorist financing incidents.
- Prepare and complete required forms (as needed) for regulatory filing according to Financial Crime Enforcement Network (FinCEN) guidelines.
- Understands and stays current on Red Flags and industry trends related to AML and fraud.
- Conducts AML and fraud Investigations, including customer and account level research on a wide variety of data, to detect and determine suspicious and/or illegal activity.
- Contribute to projects to improve and optimize the Bank's BSA/AML program
- Collaborate with BSA and Compliance personnel, operations, and Strategic Lending Partners as needed.
- Perform other duties as assigned.
Requirements
- Bachelor's degree in Intelligence Studies, Criminal Justice, Political Science, Law or a related field required or if no degree, 2+ years of AML/BSA experience including intelligence and investigative analysis or other compliance related experience required.
- Financial crime investigation experience or equivalent educational or job related experience preferred.
- Must have a basic working knowledge of AML/BSA regulatory compliance processes and procedures.
- Must have the ability to identify unusual patterns/trends.
- Must have solid organizational, communication, and customer service skills.
- Must have the ability to meet deadlines, work independently and adapt to changing priorities.
- Must have good follow through, attention to detail and documentation skills.
- Must have solid research, analytical and problem-solving skills.
- Must have good writing skills and be able to translate complex situations into easily understood narratives.
- Must have ability to be an independent thinker and to defend one's own work.
- Must have the ability to handle delicate and/or sensitive situations.
- Strong PC skills desired with an emphasis in MS Excel and Word, use of AML platforms is a plus.
- Working knowledge of bank operations preferred.
Benefits
- Medical, dental, vision
- 401(k) with employer match
- Life and long-term disability coverage
- HSA and FSA plans
- Holidays and paid time off requests
- Robust wellness program (we’re talking catered meals three times a week, lunch and learns, and onsite gym!)
Headquartered in the heart of downtown Salt Lake City, Utah, Celtic Bank was named a top SBA lender in the nation in 2024! Celtic Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans.
Celtic Bank is an equal opportunity employer and complies with all applicable federal, state and local fair employment practices laws.
Physical and Other Requirements
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- Stationary Work: The employee is frequently required to stand; walk; use hands to type, handle documents, and perform other office related duties. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
- Mobility: The employee in this position needs to occasionally move between work sites and inside the office to access file cabinets, office machinery, etc.
- Communicate: The employee is regularly required to talk or hear and will frequently communicate with others. Must be able to read, write and understand fluent English.
- Work Model: The employee in this position will work either a fully Onsite, or Hybrid work model. All employees, regardless of location, may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions.
- Utah-based employees: Hybrid work schedule available after initial training period in our Salt Lake City, Utah office – department and job requirements will determine eligibility.