Security & Bank Secrecy Act Analyst

United Bank Of Michigan Group•Grand Rapids, MI

4d•Onsite

About The Position

We’re a local bank that has been partnering with this community for more than a century. We’ve come alongside and helped build businesses, launch ideas, raise families and fulfill dreams. Our favorite mission is the kind that can have a positive impact every day. As a full-time employee of United Bank, you would join an outstanding, supportive culture of employees. The Security & Bank Secrecy Act Analyst position is a key position at United Bank, responsible for supporting the administration of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) program, and Bank Protection Act. This role assist with the processing of garnishments, levies, and subpoenas; performs monthly reviews, account reconciliations, and ongoing monitoring activities; and conducts independent analysis of potentially suspicious activity, including structuring, fraud, elder exploitation, and other financial crimes. This position performs monitoring, review, and analysis of FCRM generated BSA/AML alerts, and prepares Currency Transaction Reports for filing to support regulatory compliance. Responsibilities also include coordinating maintenance and testing of security systems and equipment, performing routine reviews related to Customer Identification Program (CIP) and Office of Foreign Assets Control (OFAC) requirements. The Security & BSA Analyst is responsible for maintaining compliance within assigned areas and performing special projects and other duties as assigned.

Requirements

Two-year associate’s degree or equivalent work experience or combination of both
3 to 6 months related experience and/or training
Regular standing and walking
Utilizing hands & arms
Ability to talk & hear

Responsibilities

Supporting the administration of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) program, and Bank Protection Act.
Assisting with the processing of garnishments, levies, and subpoenas.
Performing monthly reviews, account reconciliations, and ongoing monitoring activities.
Conducting independent analysis of potentially suspicious activity, including structuring, fraud, elder exploitation, and other financial crimes.
Performing monitoring, review, and analysis of FCRM generated BSA/AML alerts.
Preparing Currency Transaction Reports for filing to support regulatory compliance.
Coordinating maintenance and testing of security systems and equipment.
Performing routine reviews related to Customer Identification Program (CIP) and Office of Foreign Assets Control (OFAC) requirements.
Maintaining compliance within assigned areas.
Performing special projects and other duties as assigned.