The AML/CFT Analyst plays a key role in ensuring that Kearny Bank complies with the regulations established under the Bank Secrecy Act and related Anti Money Laundering laws.  The AML/CFT Analyst functions as an essential part in identifying and reporting suspicious activity related to money laundering, terrorist financing, and other illicit financial activities.

• Conduct reviews of new clients and accounts to identify and assess any potential risks.
• Analyze and update customer risk profiles based on factors such as anticipated activity and complexity of financial activities.
• Review, disposition, and escalate adverse media findings.
• Identify and disposition false positive watch list matches and prepare and submit reports to OFAC and other regulatory authorities, as necessary for positive matches.
• Conduct case investigations for subpoenas and other law enforcement inquiries.
• Escalate any potentially suspicious activity in accordance with established procedures.
• Collaborate with business partners and stakeholders throughout the Bank to support investigations and resolve any BSA and AML/CFT related issues.
• Keep apprised of changes to BSA and AML/CFT Regulations and industry best practices.
• Participate in training to enhance knowledge and skills.
• Maintain knowledge of and adhere to all AML/CFT Department procedures and Bank policies.

• Bachelor’s degree or equivalent experience strongly desired.
• Minimum of 1-2 years of relevant banking or AML/CFT experience.
• Knowledge of the Bank Secrecy Act, the USA PATRIOT Act, OFAC sanctions, and other applicable laws and regulations.
• Ability to work independently with limited direction.
• Ability to communicate effectively with management, regulators, and other stakeholders.
• Strong analytical and investigative skills.
• Ability to prioritize and manage multiple tasks and ensure all assignments are completed within established SLAs.
• Demonstrate reliability, versatility, flexibility, and a willingness to work.
• Proficient in PC and computer applications, including but not limited to Microsoft Office.
• Previous experience with Verafin and Fiserv core systems is a plus.

WORKING CONDITIONS:

Perform routine and typical tasks of an office such as typing, taking notes, reading/reviewing, computer work, filing, copying, answering phones, etc.  that may require employee to view, stand, stoop, kneel, or crouch and lift.

The successful candidate will be required to prove on the first day of work that they are legally authorized to work in the U.S.  The Bank will not sponsor a candidate for a visa or for work authorization.

COMPENSATION:  $55,000 TO $75,000 annually.