FirstBank Jobs

This job was posted by https://www.kansasworks.com : For more information, please see: https://www.kansasworks.com/jobs/12952102

Summary Description

nbkc bank is currently looking for aCompliance Analyst BSAto join our Risk Management team.

The Compliance Analyst will assist in the day-to-day responsibilities of the banks Risk Management Department, specifically the BSA Department, and will work with the BSA team to serve as a point of contact in assisting the banks fintech programs in day-to-day fraud and BSA program management. They must have the ability to prioritize and balance multiple projects, have attention to detail, demonstrate clear and effective communication skills, and be able to work independently and in a team environment. These skills will be necessary to distribute the assignment of work to the BSA team. This role will work with the BSA Officer in administering the BSA compliance program to ensure compliance with applicable laws and regulations. This role will be responsible for reviewing and investigating suspicious activity alerts, review high risk accounts, identifying suspicious activity, developing and reviewing departmental reporting, perform enhanced due diligence on customers and business accounts, and escalating concerns to the BSA Officer. Specific responsibilities include reviewing OFAC, 314(a), and Watch List alerts, serving as a secondary contact for FinCEN related duties. Training and providing updates between nbkc bank and the fintech partnerships will be a key component of this position as well as reviewing SARs, CTRs, and other department reporting. Additional job duties can be assigned at any time due to expanded activities from the bank, holding company or regulators.

This position will work \@Flex (a combination of both in the office and at home).

Check out more details below.*\ *

What youll do

• The Compliance Analyst BSA will assist the BSA Officer in the development, implementation, and administration of all aspects of the banks BSA compliance program, including items related to the Bank Secrecy Act, OFAC, USA Patriot Act, Anti-Money Laundering, and Customer Identification Program.
• Assist in completing regulatory reports such as Currency Transaction Reports and Suspicious Activity Reports, as well as reviewing the BSA teams reports for accuracy and completeness.
• Review and analyze customer transactions and identity information and review for potential suspicious activity, including alerts identified through the banks software programs, reports from employees, and other sources as available.
• Act as liaison between nbkc bank and the banks fintech programs.
• Monitor and review daily and monthly reports for suspicious activity.
• Document research and investigations and maintain according to regulatory recordkeeping guidelines.
• Monitor all Fintech program unusual transactions for financial crime trends or rings of activity to report to Risk Management leaders.
• Serve as the backup to the BSA Officer in OFAC, 314(a), 314(b), and other BSA regulatory lists by reviewing customer alerts and escalating when necessary
• Serve as the backup to the BSA Officer for Law Enforcement Requests based on SAR filings.
• Assist with adjustment of current analytics with the goal of efficiency.
• Assists with conducting data validation projects and transaction testing within multiple systems used by the bank and determine the correct steps for remediation and correction, when necessary.
• Assist in preparation for internal or regulatory audits and/or examinations.
• Participate in a team-oriented and collaborative environment to improve the banks processes and reduce bank risk.

What youll bring

Bachelors degree in business or related field

Minimum of 2+ years in a financial institution, pref rably at least 2+ years of job specific work experience in BSA and anti-money laundering

General knowledge of BSA/AML laws and regulations, including the Bank Secrecy Act, the USA Patriot Act and OFAC requirements; knowledge of enhanced due diligence matters, financial fraud and applicable state and federal laws, payments, MSBs, correspondent banking and complex/high-risk customer types and product offerings

Experience working with anti-money laundering systems and software for reviewing customer transaction activity

Strong communication skills, written and verbal

Strong analytical, problem solving and organizational skills

Ability to multi-task, inclusive of ability to plan, organize and prioritize workloads

Strong analytical, critical thinking, and problem-solving skills

Ability to analyze data and document findings

Proficiency computer skills (Microsoft Office, Word, Excel, and PowerPoint)

Ability to work independently on own initiative and as part of a team, demonstrate strong interpersonal and relationship building skills

Ability to be flexible in job duties and as