AML Specialist

Overview

The AML Specialist supports the Company’s Anti ‑ Money Laundering/Countering the Financing of Terrorism (AML/CFT), Customer Identification, and Sanctions Monitoring programs to ensure compliance with federal and state regulatory requirements. This role conducts transaction monitoring reviews, high ‑ risk customer due diligence, and suspicious activity investigations, prepares regulatory filings, and supports the ongoing effectiveness of the AML program through collaboration with business partners and compliance leadership.

Responsibilities

Position Goals

Regulatory Compliance Assurance: Support the effective execution of the Company’s AML/CFT, CIP, and sanctions programs to ensure ongoing compliance with applicable federal and state regulations.

Suspicious Activity Detection and Reporting: Identify, investigate, and report potentially suspicious activity in a timely and accurate manner to protect the organization from financial crime risk.

High ‑ Risk Customer Oversight: Perform enhanced due diligence and ongoing monitoring of high ‑ risk customers to mitigate exposure to money laundering and terrorist financing risks.

Cross ‑ Functional Collaboration: Partner with lines of business and internal stakeholders to obtain and analyze customer information and promote strong AML awareness and accountability.

Continuous Program Improvement: Maintain and enhance AML knowledge, tools, and processes to support the effectiveness and sustainability of the Company’s AML program.

Key Responsibilities

Transaction Monitoring and Investigations

Review transaction monitoring alerts and reports

Identify potential suspicious activity and escalate alerts as appropriate

Prepare and file Suspicious Activity Reports and Currency Transaction Reports within regulatory timelines

High ‑ Risk Customer and Due Diligence Management

Conduct high ‑ risk customer due diligence and periodic reviews

Review customer account activity for CIP, CDD, and Beneficial Ownership compliance

Sanctions and Regulatory Screening

Review and disposition potential sanctions and Section 314(a) matches

Support law enforcement requests and subpoenas as needed

Stakeholder Engagement and Communication

Collaborate with lines of business to obtain customer information and clarify transactional activity

Maintain effective working relationships to support AML monitoring and compliance

Program Support and Professional Development

Support Corporate AML leadership with programmatic activities

Seek ongoing learning opportunities and share AML knowledge with team members

Qualifications

Associate’s degree required; Bachelor’s degree in finance, accounting, business administration, or a related field preferred

CAMS and/or CFCS certification preferred

Two to four years of experience in BSA/AML compliance or a related financial crime role

Strong analytical skills with the ability to evaluate complex transactional data and draw sound conclusions

Strong written and verbal communication skills with the ability to document findings clearly and professionally

Proven ability to handle sensitive and confidential information with discretion

Proficiency in Microsoft Office and familiarity with AML monitoring systems and related technology

Benefits

Medical

Dental

Vision

401(k) Match

Profit Sharing

Paid Time Off

11 Holidays

Tuition Reimbursement

Free Parking throughout Tompkins Bank & Trust

Employee Referrals

EEO Statement

Tompkins is committed to a policy of Equal Employment Opportunity ("EEO") with respect to all team members and applicants for employment and a work environment free from discrimination (including unlawful harassment) based on race, color, religion, sex, sexual orientation, transgender status, gender non-conformity, gender identity, gender expression, national origin, age, marital status, domestic violence victim status, disability, predisposing genetic characteristics, military or veteran status or status in any group protected by federal, state, or local law.

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Pay Range

USD $26.50 - USD $34.00 /Hr.

Position Goals

Regulatory Compliance Assurance: Support the effective execution of the Company’s AML/CFT, CIP, and sanctions programs to ensure ongoing compliance with applicable federal and state regulations.

Suspicious Activity Detection and Reporting: Identify, investigate, and report potentially suspicious activity in a timely and accurate manner to protect the organization from financial crime risk.

High ‑ Risk Customer Oversight: Perform enhanced due diligence and ongoing monitoring of high ‑ risk customers to mitigate exposure to money laundering and terrorist financing risks.

Cross ‑ Functional Collaboration: Partner with lines of business and internal stakeholders to obtain and analyze customer information and promote strong AML awareness and accountability.

Continuous Program Improvement: Maintain and enhance AML knowledge, tools, and processes to support the effectiveness and sustainability of the Company’s AML program.

Key Responsibilities

Transaction Monitoring and Investigations

Review transaction monitoring alerts and reports

Identify potential suspicious activity and escalate alerts as appropriate

Prepare and file Suspicious Activity Reports and Currency Transaction Reports within regulatory timelines

High ‑ Risk Customer and Due Diligence Management

Conduct high ‑ risk customer due diligence and periodic reviews

Review customer account activity for CIP, CDD, and Beneficial Ownership compliance

Sanctions and Regulatory Screening

Review and disposition potential sanctions and Section 314(a) matches

Support law enforcement requests and subpoenas as needed

Stakeholder Engagement and Communication

Collaborate with lines of business to obtain customer information and clarify transactional activity

Maintain effective working relationships to support AML monitoring and compliance

Program Support and Professional Development

Support Corporate AML leadership with programmatic activities

Seek ongoing learning opportunities and share AML knowledge with team members

Associate’s degree required; Bachelor’s degree in finance, accounting, business administration, or a related field preferred

CAMS and/or CFCS certification preferred

Two to four years of experience in BSA/AML compliance or a related financial crime role

Strong analytical skills with the ability to evaluate complex transactional data and draw sound conclusions

Strong written and verbal communication skills with the ability to document findings clearly and professionally

Proven ability to handle sensitive and confidential information with discretion

Proficiency in Microsoft Office and familiarity with AML monitoring systems and related technology