ABOUT US

Coastal Community Bank is a little bit of banking and a little bit of tech-ing. The people at Coastal don't just help people with their banking; they help reshape how banking technology allows and serves EVERYONE. We think and work like entrepreneurs, always moving and constantly improving. We care about each other, are go-getters, work hard, and play hard. If you're someone who thrives on innovation, wants to help others succeed, knows how to think outside the box, and believes that we're all in this together -- you belong here.

WHAT YOU’LL DO AT COASTAL

Know Your Customer/ Enhanced Due Diligence Analyst I will be responsible for conducting due diligence investigations into potential customers and transactions to ensure compliance with anti-money laundering (AML) regulations and sanctions. The ideal candidate will have strong analytical skills, be able to identify potential risk associated with high-risk customers and transactions and possess a solid understanding of AML regulations. 

HOW YOU’LL DO IT

· Conduct due diligence investigations on new and existing customers to ensure compliance with AML regulations.

· Review customer profiles and transactional activity to identify potential red flags and suspicious patterns.

· Analyze customer information to determine the level of risk associated with the customer.

· Investigate and resolve alerts generated by the AML monitoring system.

· Communicate with internal stakeholders, such as compliance and risk management, to ensure that all relevant information is gathered and analyzed.

· Conduct research on emerging AML risks and trends.

· Prepare and present findings to senior management and regulatory bodies.

· Maintain detailed and accurate records of all due diligence reviews and investigations.

WHAT YOU’LL BRING 

· Knowledge of AML regulations, including the Bank Secrecy Act (BSA), USA PATRIOT Act, and OFAC sanctions.

· Experience with AML monitoring systems is preferred.

· Strong analytical skills and the ability to analyze complex data sets.

· Excellent communication skills, both written and verbal.

· Ability to work independently and manage multiple tasks simultaneously.

· Attention to detail and the ability to work in a fast-paced, deadline-driven environment.

· Professional certification such as CAMS, CFE, or CFA is a plus.

EDUCATION & EXPERIENCE

• Bachelor’s degree in a related field such as business, finance, or criminal justice.

• 1+ years of experience in AML compliance, with a focus on due diligence investigations 

• CAMS, CFE, or equivalent or willingness to obtain certification.

HOW YOU’LL THRIVE AT COASTAL

Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development

Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference

Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust

Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box.

Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for Coastal to work smarter, not harder.

Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness, and build your emotional intelligence

BEING YOU AT COASTAL

Coastal is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We are also committed to compliance with all fair employment practices.

PHYSICAL DEMANDS

The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee must:

· have the ability to sit for extended periods of time

· have the ability to stand for extended periods of time

· have the ability to perform repetitive finger, hand, and arm movement

· have the ability to use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc. 

· view and read computer screen for extended periods

· occasionally stoop, kneel, crouch, or crawl

· occasionally lift or move up to 10 pounds

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.