BSA/AML Compliance Analyst

Nicolet National Bank•West Des Moines, IA

7h•Onsite

About The Position

At Nicolet National Bank, the culture is based on community banking principles, prioritizing customer needs. The bank's Core Values guide its operations, and it is committed to serving customers with excellence. Every job is considered critical, and the bank aims to create a work environment where employees feel valued, respected, and supported. With locations in Wisconsin, Michigan, Minnesota, and Florida, Nicolet National Bank serves local communities and strives to positively impact customers' lives. The bank believes its people are its most valuable asset and invests in their growth and development. The BSA/AML Compliance Analyst's primary responsibilities include completing required BSA reports, managing alerts from the anti-money laundering system, conducting high-risk customer reviews, and performing various quality control reviews related to Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, and Customer Identification Program compliance.

Requirements

High School Diploma.
Ability to deal sensitively with highly confidential information.
Strong organizational, multi-tasking and prioritizing skills.
Strong analytical skills.
Effective verbal and written communication skills and strong interpersonal skills.
Ability to work in a team environment.
Ability to represent the bank in a professional and positive manner.
Ability to uphold the bank’s philosophy and policies by maintaining appropriate controls to assure full compliance with applicable laws and regulations, thereby fulfilling legal responsibilities and enhancing the quality of the bank.

Nice To Haves

1-3 years of experience in frontline banking environment preferred.
Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC and Security Regulations - knowledge preferred
High Risk Customer, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) - knowledge preferred

Responsibilities

Completing, reviewing and submitting Currency Transaction Reports (CTR’s).
Working with frontline staff to get required information for CTR’s and to investigate alerts.
Completing data validation tasks in the bank’s BSA/AML automation system.
Assisting with the identification, review and ongoing monitoring of high-risk accounts.
Other duties as assigned.
Performs review of transactional alerts that are generated by the AML monitoring system and other ancillary systems.
Performs review of watchlist alerts that are generated by the AML monitoring system and other ancillary systems.
Identifies unusual activity that warrants escalation to case investigation.
Performs various administrative support responsibilities related to the Bank Secrecy Act, adhering to company policy, and procedural guidance of overall BSA compliance.