What are the responsibilities and job description for the Compliance Analyst position at Gpac?
A local Community Bank is looking to add a Compliance Analyst to our team. This role would be responsible for supporting the development and implementation of the Bank’s BSA / AML program to ensure compliance with the Bank Secrecy Act, USA Pat Act, and all other Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) laws and regulations; supports the Bank Secrecy Act training effort for staff personnel; responds to BSA / AML questions. Responsibile for the identification, measurement, and monitoring of BSA / AML / OFAC risks.
- Assists with the annual BSA risk assessment and advises management on the development of policy, procedures, systems controls and training to address those risks.
- Conducts reviews of customer accounts and investigates suspicious or unusual customer activity for identified medium and higher-risk customers independently.
- Review suspicious activity detected by the use of automated system reports, other reports / customer statements, and report unusual activities in the form of a Suspicious Activity Report (SAR) filing.
- Ensure that 314(a) requests, Currency Transaction Reports (CTRs) and SARs are completed accurately and completely and filed.
- Develop, maintain, and coordinate a BSA / AML and OFAC training program. Maintains all BSA / AML and OFAC training records.
- Prepares and reports developments on significant BSA matters.
- Must have 3 years working in the BSA area in a bank.
- Strong analytical and problem-solving skills
For additional information on this opportunity, please contact Brenda Hoek directly at 605.705.4795. Resumes may be confidentially sent to Brenda.hoekgogpac.
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
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