BSA-AML Compliance Analyst

Populus is an amazing company where our employees stay because they love their teams and the growth opportunities. Additionally, we offer a competitive 401K match, a generous paid time off package, and Health Benefits.

Our mission is to provide a broad range of quality financial products and services delivered with best-in-class customer service. We work and lead with integrity, and we celebrate employees who exemplify our values. Come join our team!

The BSA/AML Compliance Analyst is a part of the team responsible for ensuring company compliance with federal, state, and local laws and regulations that govern ACE's products and services.  The BSA/AML Analyst performs a variety of money laundering detection related activities in support of Bank Secrecy Act (BSA) and/or Anti-Money Laundering (AML) regulations designed to prevent financial-related crimes against the government.  Each BSA/AML Analyst is responsible for analyzing customer information related to system or employee generated alerts intended to identify persons and/or entities that may be laundering money, perpetrating consumer fraud, are victims of consumer fraud, or funding terrorism. 

Major Responsibilities

• Identify unusual activities and behaviors across multiple products.
• Research open-source information (Internet).
• Compile information and documents from a variety of sources.
• Clearly articulate reasoning for filing or not filing a SAR for an individual.
• Communicate with internal and external resources.
• Draft Suspicious Activity Reports ("SARs").
• Fact-check and edit SARs and CTRs.
• This position will support the fulfillment of necessary federal reporting requirements by ensuring accurate and complete documentation, timely disposition and providing critical information assessments as required, including escalating issues for further internal investigation in accordance with defined processes.
• As a member of the BSA/AML Compliance Team, the AML Analyst is expected to work closely with team members to ensure resolutions are reached as quickly and efficiently as possible should problems arise which require additional resources.
• The BSA/AML Analyst will work to ensure that processes remain effective by providing feedback/recommendations to the Director of BSA/AML Compliance for process/system changes based on ongoing successes and failures.
• Preparation of Currency Transaction Reports in accordance with BSA requirements for cash transactions over $10K/day.
• Participation in SAR Committee and Risk Assessment Meetings.

Key Competencies  

• Organized
• Analytical
• Detail Oriented
• Deadline Driven
• Time Management
• Communication Proficiency
• Ethical
• Ambitious

Interactions

Direct Report - N/A         

Indirect Report - N/A    

Other Internal/External Interactions

• Field Operations
• Vendors
• Management Team

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the major responsibilities.

While performing the duties of this job, the employee is regularly required to sit, stand or walk; use hands to finger, handle, or feel; reach with hands and arms; stoop or bend; and talk or hear.  The employee must occasionally lift and/or move up to 50 lbs.  Must have appropriate vision to see up close, and at a distance with ability to adjust vision and focus. 

Position Type/Expected Hours of Work

This is a full-time position, days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. CT. This position might require after hours and weekend work.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The noise level in some work environments can be moderate.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted, as a comprehensive inventory of all duties, responsibilities, qualifications required of employees assigned to this job.

EEO Statement

Populus Financial Group is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. In compliance with applicable law, Populus Financial Group does not discriminate against any applicant or employee on the basis of race, color, religion, creed, sex, sexual orientation, gender (including gender nonconformity and status as a transgender or transsexual individual), national origin or ancestry, ethnicity, age, physical or mental disability, citizenship, past, current, or prospective service in the uniformed services, genetic information, pregnancy status, or any other protected classification.   This policy applies to all terms and conditions of employment, including, but not limited to, hiring, training, promotions, discipline, compensation, benefits, and termination of employment.

Salary : $10,000