Anti-Money Laundering Monitoring Analyst
The Anti-Money Laundering (AML) Monitoring Analyst will be joining an established team of analyst and will be responsible for reviewing transactions, documenting findings then identifying suspicious activity. This is accomplished by performing a detailed review of accounts and data generated from automated systems, which are designed for the detection of potential criminal activity, terrorist financing or suspicious activity. This role must understand the Bank Secrecy Act (BSA)/AML laws and regulations. Position Competencies
Successful incumbents possess integrity and trust, attention to detail, listening skills, problem solving skills, ability to work independently, great analytical skills and interpersonal business communication skills, strong written and verbal communication skills. Position Responsibilities:
- Independently review, research and document transaction activity to determine if activity suggests possible money laundering, terrorist financing or other BSA violations.
- If further review is warranted, comprehensive documentation is prepared for more extensive review by AML Investigations.
- Identify customer-related trends, patterns, typologies, and issues associated with money laundering, terrorist financing and other suspicious transactions.
- Document the review of activity (both suspicious and non-suspicious) by recording results in the Department's case management system.
- Analyze and organize information derived from multiple complex data sets.
- Work independently, meet deadlines, and adapt to changing priorities in a team setting.
- Strong writing skills should include being able to articulate complex situations into easily understood narratives.
- Maintain personal integrity and confidentiality of sensitive material.
- Perform special projects as required, maintain department goals, and any other duties as assigned.
- Assist with implementing upgrades to automated systems.
- Able to identify MSB activity, PEP's, and strong understanding of KYC.
- Develop a working understanding of automated alert systems and their unique report parameters.
- The scope of the reviews will include DDA Retail/Commercial, Consumer/Commercial Loans, and Trust accounts.
- Strong understanding of how transactions are processed, transaction codes and CSR journals.
- Analytic review of banking records, internet searches and other documents necessary to identify illegal or improper activity.
- Prepare accurate and detailed narratives of findings, using research tools, problem solving and strong written skills.
- Maintain a thorough knowledge of regulatory requirements, trends in money laundering crimes and attend/participate in anti-money laundering venues.
- Work with the Fraud Services staff to facilitate the detection of elder abuse and other possible fraud activity.
Position Qualifications
- Bachelor's Degree from an accredited university or 4 years of financial services that should include banking center experience
- 2 years of experience with basic banking systems (i.e. Teller Automation, Currency Transaction Reporting, Hogan, COLD, Check Vision and transaction-based systems)
- 2 years of experience utilizing Microsoft Products including Windows, Word, and Excel
- 1 year of experience with US Patriot Act/BSA/AML/KYC/SAF filing requirements and other regulatory trends
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - disability/veteran.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Sep 26, 2025