Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. This position is responsible for analysis and reporting to aid compliance efforts for the Bank. Investigates and resolves discrepancies or suspicious activity identified in transactions, loans, or other business activities. Maintains a strong knowledge of Bank operations, systems, and regulations in order to identify risks. Creates reports for management on results of analysis. Assists auditors or investigators with more advanced reviews of business operations. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards.
Responsibilities
- Data Analysis - Sources, validates, and interprets data. Analyzes data for discrepancies and risks, effectively communicates analysis output.
- Compliance Review - Researches and investigates unusual activity or flagged documentation, processes, and transactions. Ensure compliance with applicable laws, regulations, policies, and procedures. Resolves issues, clears exceptions, or escalates as appropriate.
- Documentation - Compiles all relevant business, process, or user information prior to compliance reviews. Ensures the accuracy, compliance, and completeness of required documentation. Maintains and updates files for the business unit. Produces reports for management on risks, trends, and exceptions.
- Business Support - Assists with regulatory exams, audits, risk assessments, and other related projects. Identifies and recommends operational or process improvements. May perform system testing or maintenance.
- Compliance Proficiency - Maintains knowledge of laws, regulations, procedures, and policies that affect the assigned business area through ongoing research and industry involvement. May participate in industry events, form partnerships with other professionals, or seek additional training to remain current on evolving issues.
This position is open to a senior analyst depending on experience of the candidate.
Qualifications
Bachelor's Degree and 1 year of experience in Compliance or Anti-Money Laundering, Banking OR High School Diploma or GED and 5 years of experience in Compliance or Anti-Money Laundering, Banking.
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