BSA/AML High Risk Analyst

Old National Bank • Evansville, IN

2d

About The Position

The BSA/AML High-Risk Analyst requires knowledge of all Bank Secrecy Act regulations including the USA Patriot Act and OFAC regulations with the ability to define problems and propose solutions. The analyst will comply with Old National’s BSA/AML policy, program, and procedures for performing higher risk customer reviews, high risk alert dispositioning and customer risk rating responsibilities. The analyst will support Old National’s lines of business and banking center locations by performing research, responding to questions, and verifying accuracy of information. This position will comply with all state and federal rules, regulations and laws while utilizing sound judgment and the highest degree of confidentiality. The BSA/AML Operations Analyst must keep abreast with current and emerging money laundering and financial crime trends. The position reports to the BSA High Risk Investigations Manager. The annual salary range for this position is $51,700 - $101,500. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Requirements

• Associate’s degree in business, accounting, law, or related field or comparable expierence
• 3+ years relevant experience in banking combined with BSA AML, fraud, investigations, operations, compliance, or relevant business experience.
• Ability to work independently and as part of a team
• Fundamental knowledge of banking and financial service company principles, philosophies, and operational concepts
• Strong interpersonal skills along with excellent written and verbal communication skills.
• Sound knowledge of BSA regulations, OFAC regulations, USA PATRIOT Act, Fraud Scenarios, Criminal Situations, and Internal Crimes
• Problem solving skills with the ability to define problems and propose solutions
• Required competency with Microsoft Office Suite, especially Excel, to manipulate data for analysis.

Responsibilities

• Perform potential high-risk and risk qualification reviews
• Identify and mitigate risks associated with higher risk customers through scheduled reviews and escalating appropriate findings to the BSA High-Risk Investigations Manager and/or BSA/AML High Risk Manager for further review and action.
• Accountable for decisions on adding, retaining, or removing customers to the Bank’s High-Risk Customer Program and collaborating with management on those decisions.
• Completion of reporting and tracking for High-Risk
• Complete daily, monthly, and quarterly reports that assist in maintaining the customer risk rating model including monitoring daily risk rating changes and missing CDD
• Perform high risk customer alert dispositioning Assist to sustain and further develop the BSA AML OFAC Program for the Bank
• Participates in compliance training and additional continuing education to maintain proficiency in the laws and regulations affecting financial institutions regarding BSA/AML and OFAC.
• Other responsibilities and projects assigned by management, make recommendations on enhancements to BSA/AML policies and procedures; provide technical compliance support when issues or questions arise with various operating units

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees