Job Description
Description
Position Goals:
Provide clerical and analytical support for the execution of the Anti-Money Laundering, Countering the Financing of Terrorism (AML/CFT) program.
Essential Duties and Responsibilities:
Execute daily tasks related to the Anti-Money Laundering/Countering the Financing of Terrorism monitoring program, including but not limited to, the validation procedures for the transactions data and monetary instruments feed into BAM; enter wire transfer data into BAM.
Execute program assignments including review and process alerts generated from the AML transaction monitoring system or by other means.
Execute periodic higher risk customer reviews.
Execute 314a scan procedure.
Execute Office of Foreign Assets Control (OFAC) scan procedures and manage OFAC scan results received from the line-of-business.
Execute Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) monitoring procedures.
Assist with monitoring procedures or investigation as needed.
Assist with or perform simple, basic analysis and investigation.
Position Requirements:
Education - High school diploma or equivalent (GED).
Experience - A minimum of two (2) years of retail, operations, or compliance bank functions experience.
Other - None.
Preferred Requirements:
Bachelor's degree in business, management, or a related field.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
First Merchants Bank is an Equal Opportunity Employer and E-Verify participant (M/F/D/V).
