COMPANY DESCRIPTION:  Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries. 

 

COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

 

COMPANY MISSION:  We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future. 

JOB SUMMARY: The BSA/AML Alert Analyst is responsible for assisting in the day-to-day BSA/AML operations within the Financial Intelligence Unit of Forbright Bank. Responsibilities include, but are not limited to, investigating BSA/AML transaction monitoring, customer due diligence, and sanctions screening alerts; conducting initial due diligence reviews of higher risk accounts; escalating unusual activity identified through alert investigations; and performing Due Diligence on customers and bank accounts. BSA/AML Alert analysts are responsible for understanding Corporate policies and procedures pertaining to AML and Sanctions Compliance topics, keeping up to date on regulations, and ensuring timely reporting of all activity to the BSA Officer.

DUTIES AND RESPONSIBILITIES:

• Investigate accounts and customers alerted by the Bank’s BSA/AML systems for money laundering and other criminal activities using internal systems, transaction analysis, and open source research 
• Perform initial due diligence reviews and KYC new account review controls monitoring processes 
• Produce well-written narratives to disposition results of alert investigations and escalate unusual activity identified for additional review 
• Monitor and respond to inquiries sent through department email inboxes and JIRA workflows 
• Assist with the generation and submission of CTRs to FinCEN as needed 
• Exercise discretion and independent judgment regarding potentially suspicious activity in order to maintain confidentiality 
• Act as a BSA, AML and OFAC subject matter expert to identify process improvements, respond to inquiries from internal business lines, and suggestcontent for various training initiatives 
• Collaborate with the BSA/AML team through participation in round tables, staff meetings, and training 
• Participate in the development, maintenance, and updating of the team procedures 
• Perform other duties as assigned  

QUALIFICATIONS:

• Bachelor's Degree in Criminal Justice, Business, Finance, Economics,related field, or equivelant work experience required 
• Minimum of 3 years of overall of work experience required, preferably in a financial institution or in a Compliance-related position, including BSA/AML and Sanctions regulations 
• Knowledge of branch and digital products and services (consumer, business, and lending) 
• Strong understanding of banking regulations, including the BSA, USA PATRIOT Act, and OFAC 
• Proficiency with Verafin software is a plus 
• Certified Anti-Money Laundering Specialist (CAMS) or relative Certification upon hire preferred 
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)   
• Excellent verbal, written, and interpersonal communication skills   
• Strong organizational skills and attention to detail    
• Outstanding problem-solving and time management skills   
• Self-motivated, self-directed, and results-oriented  
• Adaptable and able to multitask in a fast-paced environment   
• Can work independently and within a team; solution-oriented with a collaborative approach 

POSITION REQUIREMENTS: We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those to successfully perform duties of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. While performing duties of this job, the employee may be regularly required for extended periods of time to:

• Remain in a stationary position

• Use hands and fingers 

• Utilize a computer monitor with visual acuity

• Operate technology or other office machinery such as printers, scanners, etc.

• Communicate clearly verbally and/or in writing with others

ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description. 

• Comprehensive health, dental, and vision plans

• 4 weeks PTO

• 401k + company match

• Metro SmartTrip benefits ($50/mo)

• Remote or hybrid work schedules for most positions

• Incentives for purchasing solar panels, electric vehicles, biking to work, etc.

• Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!

• Best Workplaces for Commuters 2023 & 2024 winner

• The Washington Post Top Workplaces 2023, 2024, and 2025 winner

• American Banker Best Banks to Work For 2023 winner

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