BSA and Compliance Analyst

Description

ONLY COMPLETED APPLICATIONS WILL BE CONSIDERED FOR AN INTERVIEW 

Job Description:

The BSA/Compliance Analyst is responsible for performing regulatory compliance duties under the direct supervision of the Compliance Officer, to assist in the development and maintenance of a strong professional Bank Secrecy Act compliance program and to ensure that all banking rules, regulations, and statutory requirements are met. This position reports to the Compliance Officer.

Primary Responsibilities/Duties:

• Maintain current knowledge of the Bank Secrecy Act and all related Anti-Money Laundering and OFAC regulations.
• Assist with development, maintenance and testing the effectiveness of the bank’s compliance and risk management programs, primarily focusing on BSA/AML.
• Manage transaction and activity monitoring to promote financial transparency, and prevent misuse of the U.S. Financial System, and deter activities related to money laundering, the financing of terrorism, or moving funds for other illicit acts and practices.
• Develop and implement ongoing training on BSA/AML requirements and other related acts.
• Work with the Compliance Officer to manage the resulting corrective actions to completion.
• Manage files and documentation and perform special projects as needed.
• Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures.
• Complete and pass all required regulatory compliance training as assigned.
• Provide additional support for general compliance monitoring, policies and procedures including but not limited to CRA, Fair Lending, Regulations AA, Z, C, E, DD, X, CC, FCRA/FACT Act, and as assigned.

Qualifications

Required Skills/Qualifications:

• Bachelor’s degree in finance, business or other directly related field.
• Relevant experience within a financial services industry, specifically relating to consumer compliance and/or prior exposure to compliance management program requirements is preferred.
• Professional and excellent interpersonal relationship skills.
• Strong written and verbal communication skills.
• Demonstrate commitment and accountability.
• Possess sound decision-making ability and understanding of risk.
• Respond to changes in business or compliance/regulatory environment and job requirements.
• Proficient with computer skills including Microsoft Word, Excel, PowerPoint and Outlook.

PHYSICAL REQUIREMENTS & WORKING CONDITIONS:

Sitting or standing for long periods of time, walking, finger dexterity, repetitive motions, talking, hearing and visual acuity. Professional office environment. Occasional lifting of storage boxes.

4/18/2024         

FIRST LIBERTY BANK IS AN EQUAL OPPORTITY EMPLOYER – M/F/Vets/Disabled