CIP/KYC Specialist Job at ConnectOne Bank, Union, NJ

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  • ConnectOne Bank
  • Union, NJ

Job Description

Job Type

Full-time

Description

About us:

ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.

ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.

People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.

ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance

Corporation.

About this role:

This individual must have a strong understanding of banking KYC/CIP laws and regulations including the Bank Secrecy Act, USA PATRIOT Act, KYC, OFAC, SARs and CTRs.

In this role you will:

  • Support the Bank’s “People First” focus and rules of engagement-maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”.
  • Review complex CDD alerts for change in customer risk, and potentially suspicious activity while conducting due diligence through various sources.
  • Perform CIP on new and existing customers
  • Ensure compliance with CDD Rule and Beneficial Ownership requirements
  • Ensure compliance with regulations and policies and procedures
  • Perform KYC CDD/EDD Reviews for new and existing customers
  • Perform onboarding review and risk scoring of new customers by reviewing proper documentation
  • Ensure BSA/AML requirements relating to customer onboarding are met
  • Review negative news for disposition and escalation to Senior Management
  • Review and disposition of CDD alerts in KYC CDD Verafin Application
  • Understanding and complying with internal controls
  • Supporting KYC requirements for customers across multiple business lines and platforms.
  • Conduct CIP audits on a quarterly basis.
  • Expert in Beneficial Ownership certification within areas such as Retail and Lending.

Must haves:

  • Strong “People First” interest and ability.
  • Subject matter expertise in KYC, CIP, CDD and EDD regulatory requirements including beneficial ownership
  • Strong knowledge of Word, Excel and Lotus Notes.
  • Demonstrated success articulating and delivering findings on AML high risk behaviors and KYC data

Bonus Points For:

  • Experience working for a bank within the KYC function, or similar, handling customer onboarding and periodic customer reviews
  • ACAMS Certified or equivalent
  • Financial services: 3 years

Additional Information

Benefits:

  • World class health, vision, and dental benefits on day one
  • 401k with employer match
  • Hybrid work from home (depending on role)
  • Employee appreciation events (team building, softball games, food truck days, etc..)
  • Employee assistance programs (EAP)
  • Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
  • Tuition reimbursement
  • Employee Discount perks
  • CNOB Community Service Events

….and much, much more!

Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us “a better place to be!”

ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.

ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.

Salary Description

$70,000-$80,000

Job Tags

Full time, Local area, Work from home,

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