Risk Specialist

Dieterich Bank • Effingham, IL

5d • $18 - $23 • Onsite

About The Position

Dieterich Bank is looking for a Risk Specialist to join their team. This role involves ensuring compliance with banking laws, regulations, and internal policies. The specialist will work with the Risk & BSA team to monitor compliance programs, review transactions and accounts, assist with audits and regulatory requests, and identify and resolve potential risks. This position is suitable for someone organized, dependable, and interested in a career in banking, compliance, or risk management.

Requirements

• Must demonstrate our core values of Integrity, Value, Service Excellence, & Teamwork.
• Detail-oriented focus
• Organizational skills
• Ability to use CSI Nupoint, CSI CenterDoc. and Verafin, or the ability to adapt to new programs/software
• Ability to meet deadlines
• Strong communication skills (verbal and written)
• Ability to work effectively with team members
• Knowledge and practice of proper, basic phone etiquette
• Ability to work independently
• Basic accounting knowledge
• Proficient in Microsoft Office

Responsibilities

• Verification of CTRs & submission through the Verafin software.
• Annual review of CTR exempt customers.
• New account due diligence review against the Bank's Customer Identification Program and extending review to the bank subsidiary (Prime Equipment Finance LLC).
• Review daily Monarch CIF Relationship Changes Report.
• Track and report missing items until resolution.
• Review & clear low-level alerts from the Verafin software.
• Assist the BSA Officer & Assistant BSA Officer as needed in investigations.
• Review and action the Money Instrument Report for cash transactions of $3,000 to $10,000.
• Review and action the Dormancy/FDICIA Control Report.
• Assist with any internal compliance reviews.
• Assist regulators and external auditors with providing documents for 3rd party reviews.
• Answer questions and provide support for issues and questions initiated in the Risk & Compliance Help Desk.
• Maintain job knowledge through attendance at webinars.
• Nasdaq Verafin clean up and maintenance of RDC, ACH, Foreign Individuals, etc.

Benefits

• Group Health Insurance
• Group Dental & Vision Insurance
• Life, AD&D & LTD Insurance
• 401(k) Plan - Employer matching available
• Employee Assistance Program+
• Discretionary Profit Sharing Plan
• Discretionary Bonus Plan
• Profit Sharing Plan
• Paid Time Off (Holidays, sick time, personal time, and vacation)
• 8 hours of paid time volunteer with a charity of their choice.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed