Description: Perform daily transaction monitoring work for a number of bank clients to satisfy the guidelines of the Bank Secrecy Act (BSA).
Generate and analyze reports to look for patterns of suspicious or illicit activity.
Assist the Compliance Officer in performing research and gathering data in order to complete ongoing reports to bank clients and federal regulators.
Ensure all submissions are made by deadlines and that all of the information is complete and accurate.
Assist the Compliance Officer with examinations by regulatory agencies. This includes gathering and providing requested documentation, organizing the
logistics of the examination, and addressing examiner’s questions and concerns.
Execute compliance review projects to ensure compliance with applicable policies, procedures, laws and regulations. Review and evaluate the effectiveness and efficiency in system transaction processing, including the review of the accuracy, completeness and reliability of operating procedures, documentation, and implementation plans.
Identify, define and communicate to the Compliance Officer recommendations to address or improve processes to ensure compliance. Make specific recommendations regarding actions to be taken to correct compliance deficiencies.
Perform other projects or special assignments as assigned.
Travel of up to 10% and overtime as required to accomplish tasks and meet deadlines.
Necessary Qualifications:
Bachelor’s degree in business or similar field required.
Minimum 1 year work experience required.
Compliance or banking experience preferred.
General knowledge of the banking industry and related laws and regulations a plus
CAMS certification a plus
Strong PC skills
Strong analytical skills and ability to research and make relevant recommendations to improve existing processes, system and operations to mitigate risks.
Exceptional organizational and communication skills. Strong initiative, positive attitude, attention to detail and ability to work independently. |