BSA Compliance Specialist I

Simmons Bank • Little Rock, AR

1d

About The Position

The Compliance Specialist I reviews transaction data through system generated alerts to identify unusual activity or activity that has potential money laundering, terrorist financing, or other financial crimes concerns. The role is committed to bringing passion and customer focus to the business and ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures, including completion of required compliance training.

Requirements

• Ability to read and comprehend simple instructions, short correspondence and memos.
• Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations.
• Ability to read, analyze and interpret financial report and/or legal documents.
• Ability to write simple-to-business correspondence, routine reports, and procedures.
• Must have good time management, communication, and organizational skills.
• Proficiency in MS Word, Excel, PowerPoint, and Outlook.

Nice To Haves

• BS/BA Degree (4 year) from an accredited university /college or two to four years’ experience in equivalent position.

Responsibilities

• Review transactional activity to identify unusual or potentially suspicious activity.
• Maintain accurate documentation of analysis of reviews and actions taken for audit and regulatory records.
• Ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees