CoBank · 15 hours ago
Compliance Analyst, Anti-Money Laundering
Greenwood Village, CO, US
Full-time
Hybrid
Entry, Mid Level
$70K/yr - $80K/yr
3+ years expCoBank is a cooperative bank serving vital industries across rural America, and they are seeking a Compliance Analyst to support the bank's Anti-Money Laundering program. The role involves handling Know Your Customer processes, monitoring customer transactions for suspicious activity, and assisting with compliance documentation and audits.
Banking
No H1B
Responsibilities
Processes new customer KYC applications for lending and cash management offerings
Reviews the accuracy of the customer’s AML Risk Score, prepared by noncredit services or the CoBank relationship manager, and makes revisions as appropriate
Assists in validating prepared and/or updated AML Risk Scores to ensure that they are correct and in accordance with bank requirements. Updates existing AML Risk Scores based on customers’ foreign wire activity observed during transaction monitoring
Assesses Beneficial Ownership documents and handles requests for additional information
Conducts research and validation of entity data using appropriate internal and external data sources, including legal name, address, entity type, and ownership verification
Performs initial OFAC searches, identifies false positive hits, and escalates true hits to OFAC Lead
Performs customer transaction monitoring across all products and services to identify suspicious activity requiring a Suspicious Activity Report (SAR)
Assists in performing periodic audits of new customer records to ensure all appropriate customer identity verification and KYC information has been collected and stored and that any advanced due diligence requirements based on the AML Risk Score have been addressed and documented
Assists in reviewing and recommending improvements for internal processes, including forms/checklists, data collection methods, analyses and reporting
Manages permanent increases in customers’ deposit limits
Assists in updating Compliance Program documentation
Participates in special projects and performs other duties, as assigned
Qualification
Required
Bachelor's Degree in accounting, finance, business, criminology, politics, economic crime management, forensic accounting, law, required. Bachelor's requirement may be substituted with 3 or more years of compliance experience, preferably in banking or financial services, compliance or risk management. required
High school diploma or GED required
Association of Certified Anti-Money Laundering Specialist (ACAMS) or Certified Financial Crime Specialist (CFCS) designation
Proven analytical and problem solving skills, with a high level accuracy and attention to detail
Able to develop and maintain effective relationships with associates at all levels of the organization
Ability to work independently, as well as collaboratively in a team environment
Strong quality, delivery and customer service orientation
Excellent verbal and written communication and interpersonal skills
Excellent organizational, time management and prioritization skills
Demonstrated knowledge of MS Office applications (Outlook, Excel, Word, PowerPoint, Access)
Preferred
Prior Experience performing specific AML compliance-related functions, including KYC/CIP, enhanced due diligence, suspicious activity monitoring, and SAR preparation
Prior Experience using automated transaction monitoring software
Prior Experience in implementing, and/or administering an automated AML transaction monitoring system
Working knowledge of money laundering risks presented by business customers through the nature of transaction activity, geographic risks, type of business entity/formation, beneficial ownership/control and others; and comprehensive understanding of Bank Secrecy Act/USA PATRIOT Act requirements
Understanding of legal governing documents required for different types of business formations (e.g. types of LLCs, trusts, partnerships, joint ventures, corporations etc.) and how each are owned/controlled
Knowledge of CoBank customer types, products, and services
Knowledge of ACBS, PAYPlus, eDocs, COSTAR, GTS, Lansa/Client or similar query tool
Benefits
Careers with a purpose
Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
Competitive Compensation & Incentive
Hybrid work model: flexible arrangements for most positions
Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
Robust associate training and development with CoBank University
Tuition reimbursement for higher education up to $10k per year
Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
Associate Resource Groups: creating a culture of respect and inclusion
Recognize a fellow associate through our GEM awards
Company
CoBank
CoBank is a leading cooperative bank serving agribusinesses and rural infrastructure providers throughout the U.S.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
A
Andrew Jacob
Chief Operating Officer
Recent News
2026-01-16
TradingView
2025-12-13
Company data provided by crunchbase