About the role
Overview
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration. Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day. To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities
The FIU BSA Intern will perform a variety of duties related to the operations of the Financial Intelligence Unit (FIU) including: Review and investigate transaction monitoring alerts generated by the Bank’s financial intelligence systems, including the AML management system and other fraud/suspicious activity monitoring systems and reports. Gather, analyze, and document information related to potential suspicious or fraudulent activity, following FIU procedures and regulatory expectations. Assist in preparing case summaries and supporting documentation for internal review and potential regulatory reporting. Ensure that case records, documentation, and reports are complete, accurate, and maintained in accordance with regulatory requirements and bank policy. Assist in testing and validating FIU systems including AML and fraud monitoring platforms. Participate in assessing system performance and effectiveness (e.g., alert