Axos Bank is looking to enhance its Anti-Money Laundering (AML) monitoring processes by assisting the Bank Secrecy Act (BSA) Department with customer and transaction monitoring, enhanced due diligence, and data mining.
Requirements
- assist the Bank Secrecy Act (BSA) Department with the AML related monitoring of the Bank’s customers and their transactions via report review, enhanced due diligence review, and data mining using a designated BSA software program, the Bank’s core system and other computer applications.
Responsibilities
- Assist with transactional monitoring of client and customer financial activities and make determinations of unusual or suspicious activity.
- Assist with monitoring of the Bank’s high risk customer base to ensure activities are in line with expectations for industry size and location.
- Draft high risk customer profile assessments inclusive of Enhanced Due Diligence (EDD) of customer transaction activity, open source information (OSI) research, and use of financial products or services.
- Review accounts at account opening for proper client verification and Customer Due Diligence (CDD).
- Assist with data mining customer transactions and customer risk classification populations.
- Assist with development of data metrics and reporting of BSA related or financial crimes risk factors.
- Review of Global Sanctions and Office of Foreign Assets Control (OFAC) watch list to ensure Bank customers are not identified within these Sanctions.
Other
- Intern
- Pre-Employment Background Check and Drug Test
- All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana.
- Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.
- While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.
