Wealth Compliance Analyst

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions.

We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking.

What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first.

We are proud to be recognized by American Banker for the eighth consecutive year as one of the nation's "Best Banks to Work For." Our secret sauce, in a word, is our culture .

We value a diverse, equitable, inclusive, and safe workplace.

Our one-team culture goes to great lengths to show all employees that they are valued members of the organization.

We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women.

Simply put, our culture is amazing.

Department:

The ERM/Compliance department is responsible for overseeing the risk profile of the bank and its subsidiaries to ensure the bank's performance aligns with the risk appetite of the bank in all areas.

The bank's primary enterprise risks are posed the greatest risks to the bank's current future state, based on the risk assessments performed in conjunction with the strategic plan.

Key risks are identified, assessed, and mitigated, in line with the banks risk appetite.

Key risks are continually monitored and reviewed.

Additionally, the board risk committees are updated periodically on these risks, and any significant changes are highlighted as they occur.

Position Summary:

The Wealth Compliance Analyst supports the Wealth Compliance team in administering the compliance and risk-management program for Peapack Private Wealth Management and PGB Trust & Investments of Delaware.

The role performs assigned reviews, maintains accurate records and tracking tools, and escalates compliance, fiduciary, onboarding, and anti-money-laundering concerns.

This developmental role works under the direction of the Wealth Compliance Officer and senior compliance personnel.

Responsibilities:


* Conduct review and disposition of assigned Actimize AML and sanctions-screening alerts in accordance with established procedures and required timeframes.

Promptly escalate potentially unusual activity, possible true matches, and other...