What are the responsibilities and job description for the Intern - AML Compliance position at Valley Bank?
Responsibilities include but are not limited to :
- Review and disposition potential matches generated by our OFAC and negative news screening tools.
- Review new customer alerts and compare the information provided by the customer against the information in the alert to determine whether it is actual match.
- Request additional customer information from business units, as necessary, to assist in dispositioning potential matches.
- Escalate any actual matches identified to the management for appropriate action.
- Intern will learn OFAC and BSA regulations and how to analyze and evaluate information from a variety of sources.