Valley Bank ยท 1 day ago
Intern - AML Compliance
Morristown, NJ
Internship
Onsite
InternValley Bank is offering an internship opportunity for students interested in AML (Anti-Money Laundering) compliance. The intern will assist in reviewing customer transactions, preparing Suspicious Activity Reports, and collaborating with compliance officers to maintain adherence to regulatory standards.
Banking
Responsibilities
Assist in reviewing customer transactions and account activity for potential suspicious behavior
Support the preparation and filing of Suspicious Activity Reports (SARs) in accordance with regulatory requirements
Help maintain and update AML compliance documentation and internal policies
Conduct research on high-risk customers and entities using internal systems and external databases
Collaborate with compliance officers to ensure adherence to KYC (Know Your Customer) and CDD (Customer Due Diligence) standards
Participate in monitoring alerts generated by AML systems and escalate issues as needed
Learn and apply relevant banking regulations, including BSA/AML and OFAC guidelines
Support your manager in performing research and/or analysis on specific topics
Independently complete tasks that contribute to larger projects relevant to the assigned department
Participate in meetings and team discussions to gain insight and contribute to the team's goals or projects
Communicate with team members and other departments to coordinate work, gather information and develop final work products
Join team building activities to establish cross functional relationships within the Valley community
Participate in VIP Mentorship Program meetings with your mentor to enhance your business acumen, network with senior leaders and develop technical and professional skills
Document and report on progress and results of projects and tasks
Attend professional development sessions/classes
Participate in VIP (Valley Intern Program) hosted events, trainings and projects including Valley Week of Service, Culture Workshops and final project presentations
Complete other related duties as assigned by the respective manager
Follow Company policies and procedures
Qualification
Required
Assist in reviewing customer transactions and account activity for potential suspicious behavior
Support the preparation and filing of Suspicious Activity Reports (SARs) in accordance with regulatory requirements
Help maintain and update AML compliance documentation and internal policies
Conduct research on high-risk customers and entities using internal systems and external databases
Collaborate with compliance officers to ensure adherence to KYC (Know Your Customer) and CDD (Customer Due Diligence) standards
Participate in monitoring alerts generated by AML systems and escalate issues as needed
Learn and apply relevant banking regulations, including BSA/AML and OFAC guidelines
Support your manager in performing research and/or analysis on specific topics
Independently complete tasks that contribute to larger projects relevant to the assigned department
Participate in meetings and team discussions to gain insight and contribute to the team's goals or projects
Communicate with team members and other departments to coordinate work, gather information and develop final work products
Join team building activities to establish cross functional relationships within the Valley community
Participate in VIP Mentorship Program meetings with your mentor to enhance your business acumen, network with senior leaders and develop technical and professional skills
Document and report on progress and results of projects and tasks
Attend professional development sessions/classes
Participate in VIP (Valley Intern Program) hosted events, trainings and projects including Valley Week of Service, Culture Workshops and final project presentations
Complete other related duties as assigned by the respective manager
Follow Company policies and procedures
Strong written and verbal communication skills
Excellent organizational and time management skills
Strong analytical and conceptual thinking
Motivated self-starter
Ability to work independently and as part of a team
Proficient in Microsoft Office Suite ( Word, Excel, PowerPoint)
Rising sophomore, junior, senior or graduate student
Currently enrolled in a College or University program
Company
Valley Bank
Valley National Bank is a regional financial institution
Founded in 1927
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Curt Lang
Chief Banking Officer, New Jersey
Sanjay Sidhwani
Chief Data & Analytics Officer
Recent News
2025-12-02
alleywatch.com
2025-11-24
2025-11-21
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