Compliance Analyst (Banking) monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses customer data mining and software tools to identify suspicious activity patterns. Being a Compliance Analyst (Banking) reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. Ensures adherence to Know your Customer (KYC) protocols. Additionally, Compliance Analyst (Banking) may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a manager. The Compliance Analyst (Banking) work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Compliance Analyst (Banking) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
The Modesto Irrigation District is currently recruiting to fill one full-time position in the Resources Planning and Development Department, Electric Resources Division, to perform responsible and professional duties related to the administration of the District’s electric reliability compliance program; and to ensure that the District’s electric system is operated in a reliable and stable manner compliant with the national and regional reliability standards, e.g. Federal Energy Regulatory Commission (FERC), North American Electric Reliability Corporation (NERC), Western Electricity Coordination Council (WECC), etc.
Distinguishing CharacteristicsElectric Reliability Compliance Analyst I This is the entry level class in the Electric Reliability Compliance Analyst series. Positions in this class typically have little or no directly related work experience. The Electric Reliability Compliance Analyst I class is distinguished from the II level by the performance of less than the full range of duties assigned to the II level. Incumbents work under general supervision while learning job tasks, progressing to direction as procedures and processes of assigned area of responsibility are learned.
Electric Reliability Compliance Analyst II This is the journey level class in the Electric Reliability Compliance Analyst series and is distinguished from the I level by the assignment of the full range of duties. Employees at this level receive only occasional instruction or assistance as new, unusual or unique situations arise and are fully aware of the operating procedures and policies within the work unit. Positions in this class are flexibly staffed and are normally filled by advancement from the I level.
Any Qualified Individual May Apply. The Electric Reliability Compliance Analyst I/II is an exempt position and is allocated to the Administrative, Technical, and Clerical Bargaining Unit. The list established as a result of this recruitment may be used to fill other Electric Reliability Compliance Analyst I/II vacancies that may occur through March 28, 2025. Duties may include, but are not limited to, the following:Electric Reliability Compliance Analyst I
Knowledge of:
Ability to:
Experience and Training
Any combination of experience and training that would provide the required knowledge and abilities is qualifying. A typical way to obtain the required knowledge and abilities would be:
Experience: One year of progressively responsible and directly related analytical experience in an electric utility setting.
Training: Equivalent to a Bachelor’s degree from an accredited college with major course work in Business Administration, Electrical Engineering, or a related field.
License and Certificate: Possession of a valid California Class C driver’s license.
Electric Reliability Compliance Analyst II
In addition to the qualifications for the Electric Reliability Compliance Analyst I:
Knowledge of:
Ability to:
Experience and Training
Any combination of experience and training that would provide the required knowledge and abilities is qualifying. A typical way to obtain the required knowledge and abilities would be:
Experience: Three years of progressively responsible experience similar to Electric Compliance Analyst I with the District.
Training: Equivalent to a Bachelor’s degree from an accredited college with major course work in Business Administration, Electrical Engineering, or a related field.
License and Certificate: Possession of a valid California Class C driver’s license.
Special Requirement: Candidate will be required to become NERC certified as a transmission operator within 12 months of appointment and maintain certification thereafter.
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0 Compliance Analyst (Banking) jobs found in Modesto, CA area