AML Analyst

The opportunity:

Column's Financial Crimes team is responsible for protecting the Bank and its customers from money laundering, fraud, economic sanction evaluations, foreign corruption, and terrorist financing violations. Our program is designed to ensure the Bank, U. S. financial system, and our country are protected from illicit actors who exploit banking services with nefarious and criminal intent.

The AML Analyst role performs L1 and L2  triage investigations of transaction monitoring system-generated alerts and referrals, including identifying root causes of the alert, sources and uses of funds, and potentially suspicious activity. This role is a great opportunity for someone who is passionate about the world of financial crimes, and who is interested in gaining experience across a wide variety of fintech customer types, use cases, and flow of funds to accelerate their AML career.

This role is a fixed-term contract, remote position with an initial contract duration of six months and the potential to extend based on performance.

What you'll do:

• Perform extensive investigations related to transaction monitoring and customer due diligence  that could implicate potential money laundering, fraud, or terrorist financing, and escalate to SAR filing where appropriate

• Prepare and document triage investigations and their dispositions according to FINCEN/FFIEC expectations and Bank Procedures 

• Prepare detailed escalation and dismissal narratives per FFIEC expectations  and Bank procedures

• Draft and file SAR narratives with FinCEN for cases that warrant reporting, in line with FinCEN guidance and regulatory deadlines

• Maintain organized documentation related to financial crimes activities, including investigations, SARs, audits, and regulatory exams

• Perform day-to-day activities consistent with safe and sound business practices and regulatory requirements

What you'll need to be successful:

Bachelor’s degree and/or equivalent experience performing investigations for a regulated financial institution

• 2+ years of experience with BSA/AML and OFAC laws and regulations

• CAMS certification preferred, but not required

• Detail-oriented with excellent interpersonal, written, and verbal communication skills

• Knowledge of AML typologies and red flags

• Experience preparing and documenting financial crimes investigations and drafting SAR narratives in accordance with FFIEC and FinCEN expectations

What you'll get from us:

• 🏥 Comprehensive health, dental, and vision plans, including options that are 100% covered by Column for you

• 🌴 Paid PTO, including 15 days of vacation and 10 days of sick leave each year

• 📈 Eligibility to participate in Column’s 401k plan, including self-directed brokerage options

Pay transparency:

The US hourly rate range for this role is $30.00-$35.00. This position is non-exempt, meaning individuals in this role will be eligible for overtime pay in accordance with California labor law.

A candidate’s position within this salary band will be narrowed during the interview process based on a number of factors including, but not limited to, the candidate’s skill sets, experience, licensure and certifications, location, and other business and organizational needs.