BankUnited, N. A.

Compensation

Full Description

SUMMARY: The primary purpose of this position is to review, assess, and validate customer records to aide in the detection of possible money laundering, terrorist financing, and fraud using risk-based approach methods while ensuring compliance with the Bank's established BSA/AML program. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned. • Review KYC for completeness and accuracy as part of customer validation in order to assess and document the risks associated with that customer. • Identify and address items through day-to-day assignments to ensure the Bank's KYC and CIP standards have been met. • Ensure ongoing due diligence efforts and KYC are maintained while identifying substantive changes to customer profiles. • Perform AML Screening/CDD/EDD reviews on prospects and new/existing customers in accordance with the Bank's policies and procedures. • Review and resolve EDD Verifier alerts; escalate findings to Manager when appropriate. • Perform searches utilizing Internet sources and/or third-party vendors (i.e. Google, LexisNexis and/or World Compliance) to determine negative news and obtain due diligence information for prospects and new/existing customers. • Respond to daily inquiries from peers, front-line and management regarding KYC/CIP and due diligence matters, when appropriate. • Communicate effectively with peers, front-line and management when requesting information or documentation and addressing concerns or findings. • Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner. • Thoroughly document findings by preparing reports in a manner that is clear and comprehensible to BSA supervisors/managers, internal auditors and regulatory examiners. • Report and escalate all concerns or negative findings clearly and objectively to Manager. • Interact with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits, if necessary. • Complete all job-related training in a timely manner and attend seminars or continuing education, as directed. • Participate in team meetings. • Perform any other assignments as directed by Manager. • Ensure all customer records are properly completed and communicate deficiencies to appropriate party and/or Manager. • Exercise discretion in setting priorities, identify customer records that require further review and take action to obtain and follow-up on attaining the information and/or documentation requested. • Report positive EDD Verifier PEP matches and negative news findings to Manager. • Actively assist the Manager in special projects that are both system related or involve special investigations or reviews. • Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.). • Adheres to Bank policies and procedures and completes required training. • Identifies and reports suspicious activity. EDUCATION College degree preferred EXPERIENCE • Minimum 5-7 years banking experience, with emphasis on BSA Compliance and due diligence in accordance with KYC, CIP, AML/BSA guidelines required CERTIFICATES, LICENSES, REGISTRATIONS • Certified Anti-Money Laundering Specialist (CAMS) preferred • Anti-Money Laundering Certified Associate (AMLCA) preferred ADDITIONAL INFORMATION • Candidates residing in locations within BankUnited's footprint may be given preference. Requirements: Candidates residing in locations within BankUnited's footprint may be given preference.