Compliance Assistant

Overview:

We are seeking a detail-oriented Compliance Assistant to join our team. The ideal candidate will assist in ensuring that our company adheres to legal standards and in-house policies by providing support to the Compliance Officer.

Responsibilities include assisting in BSA, AML, and OFAC compliance, CTR’s and providing weekly, monthly, quarterly, and yearly reports. Also, providing support for other various issues such as Garnishments/ Tax levies, Real Estate Mortgage documentation and appraisals, CIP, training and back up to the Compliance Officer.

Duties:

· Assists in all aspects of accounts and activities under different departments of bank relating to BSA, AML and OFAC compliance as described in the FFEIC Bank Secrecy Act Anti-Money Laundering Examination Manual.

· Maintains current knowledge of the BSA, and all related AML and OFAC regulations

· Uses BSA/ AML monitoring application systems and other reports to detect suspicious activities

· Assists the BSA officer in conducting periodic assessment of the bank’s applicable departments for compliance with BSA/ AML/ CIP/ OFAC procedures

· Performs OFAC scrub

· Prepares/ Reviews Currency Transaction Reports for accuracy and submission

· Assists in providing applicable BSA/ AML

· Review documentation for CIP purposes

· Review FINCEN every two weeks or as needed

· Backup Compliance Officer as needed

· Review Mortgage Loans for documentation and compliance

· Order appraisals and review for accuracy and content

· Review adverse action notices

· Backup verification that proper flood insurance has been obtained

· Reviews Reg CC holds

· Processes Garnishments/ Tax levies

· Other duties as assigned by the Compliance Officer

This position offers an opportunity to gain valuable experience in the field of compliance within a dynamic work environment.

Job Type: Full-time

Pay: From $14.00 per hour

Expected hours: 35 – 40 per week

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Microsoft Powerpoint: 1 year (Preferred)

Ability to Commute:

• Russell, KY 41169 (Preferred)

Ability to Relocate:

• Russell, KY 41169: Relocate before starting work (Required)

Work Location: In person