BSA/AML Compliance Specialist

Edmonton State Bank•Glasgow, KY

13h•Onsite

About The Position

The BSA/AML Analyst reports to the VP of Compliance and receives day-to-day direction from the BSA Officer for completing BSA/AML functions including, but not limited, to monitoring and investigating suspicious activity, CTR review, SAR preparation, OFAC reviews, and customer due diligence.

Requirements

High school diploma or equivalent
Multi-tasking ability
Strong attention to detail
Excellent verbal and written communication skills
Experience with Microsoft Excel, Word, and Outlook
Ability to perform efficiently at a fast pace while conforming to policies and procedures
Team-player mindset and eagerness to help others

Nice To Haves

2 years of banking experience preferred but not required

Responsibilities

Review and investigate unusual activity, alerts, referrals, and high-risk transactions
Develop proficiency with AML monitoring within Verafin AML management platform
Review new accounts for compliance with Customer Identification Program and Customer Due Diligence requirements
Review potential OFAC matches
Review all accounts opened online and complete CDD information in Verafin
Review and monitor accounts for non-US persons
Assist bank personnel with BSA-related questions
Cross train and serve as a backup for other BSA and deposit compliance duties
Assist with preparing regulatory BSA exam and audit requests
Assist with oversight of online training program
Assist with monitoring of deposit compliance
Assist with preparation of annual escheat reporting for unclaimed property
Stay up-to-date on regulatory and internal policies, procedures, and changes related to BSA and deposit compliance
Assist in the training of staff as needed
Perform other related duties as assigned