CIT FIU Analyst I in Jacksonville, Florida

Overview

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.

Responsibilities

• Maintaining a designated monthly queue as assigned by the Head of the FIU/FIU Manager

• Ensuring all alerts and/or cases are closed within the designated procedural deadline

• Conducting reviews and performing due diligence on alerts generated via automated monitoring systems using both internal and external resources

• Investigating, researching, analyzing and evaluating varying complex cases of suspicious financial activity for possible anti-money laundering, terrorist financing, and fraud violations involving all lines of business including Retail and Online Bank, Direct Capital, Equipment Finance and Commercial Services

• Reasonably establishing the nature of transactional activity, and effectively documenting the decisions to close cases and/or to file a Suspicious Activity Report (SAR)

• Submitting SAR narratives and documentation to management while allowing sufficient time for review and subsequent submission to FinCEN and other regulatory agencies as deemed necessary

• Assuming departmental projects and initiatives as assigned to define and solve issues of BSA, Fraud, or Sanctions regulatory compliance

Qualifications

• Bachelor’s degree preferred

• Prior banking experience preferred, but not necessary

• Ability to identify various white-collar crime, fraud and money laundering schemes.

• Effective verbal and written communication skills

• Demonstrated sense of urgency, attention to detail and organizational skills

• Demonstrated ability to focus on details and ability to execute daily tasks independently and effectively

• Ability to multi-task

• Ability to work in a heavily deadline driven environment

• Team player willing to accept challenges large and small

• Self-motivated with the ability to work independently and as a member of a team

• Proficiency in Windows based applications (e.g., Word, Excel and PowerPoint) skills

• Proficiency in internet and various database resources to facilitate due diligence/ investigations process

• Skilled in conducting research and analysis

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CIT is an Equal Employment Opportunity (EEO) employer. It is the policy of CIT to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, protected veteran or disabled status. If you would like more information about your EEO rights as an applicant under the law, please click here:

Job ID30475

Positions1

Job FamilyCompliance - BSA, AML & Sanctions, OFAC

TypeFull-Time