Compliance Analyst (Banking) jobs in Springfield, MA

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)

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Compliance Auditor
  • Compliance - Baystate Health
  • Springfield, MA FULL_TIME
  • Req#: R27685
    Category(s): Legal/Compliance/Risk, Compliance
    Full Time / Part Time: Per Diem
    Shift: First

    Summary: 

    Responsible for performing a variety of diversified duties in connection with reviews of medical record documentation for professional billing to ensure it meets the AMA and CMS (Medicare) guidelines for the services billed, reviewing and validating billed charges and performing benchmark reporting to determine outliers. Completes a variety of analyses and reports and maintains various department databases. The incumbent routinely interacts with employees at all levels. The incumbent has an understanding of compliance audit concepts. This includes but is not limited to relaying confidential information, gathering and interpreting information to help develop various reports, develop and maintain compliance audit work papers following department standards. The incumbent uses discretion and judgment when screening visitors and telephone calls, and managing the PBO Compliance, Audit and Education office. Creates complex spreadsheets and other documents. Represents the department in resolving problems and exchange of information, interpretation of departmental policy and procedures. Adheres to system and department policies, and any and all applicable laws and regulations. Performs other duties as assigned. 70% of the work is compliance audit related and 30% of the work is administrative.

    Job Responsibilities: 

    1) Performs detailed reviews of clinical documentation for provider services using MDAudit based on determined intervals per provider. Validates appropriate billing and documentation that complies with governmental and commercial carrier guidelines. Reviews billing documentation to identify areas where appropriate improvement to billing or documentation would enable more accurate billing.

    2) Validates and identifies appropriate ICD-9 (ICD-10) diagnosis coding as it pertains to specific risk adjustments and correct coding.

    3) Assists in preparing administrative reports, statements, roster, etc. Performs data and/or information gathering, creates spreadsheets, drafts and prepares special reports analyses for review by management.

    4) Performs Pathology and Radiology coding; applicable use of all carrier guidelines and review of clinical documentation.

    5) Receives and screens incoming correspondence, reports, memos, etc., and prepares appropriate responses to routine inquiries.

    6) Schedules meetings, conferences, interviews, and appointments, completes travel arrangements and maintains Manager(s) business calendar.

    7) Develops, maintains, and revises record-keeping and filing systems, and classifies, sorts and files correspondence, articles, records and other documents.

    8) Assists in monitoring department budgets and provides an accounting for budget line items in assigned cost centers. Initiates and prepares expenditures for office supplies, standard department inventory, travel, etc., and accepts receipts and invoices for non-routine expenditures.

    9) Proficiency with Microsoft Office products including Word, Excel, PowerPoint, Outlook. Computer literacy with ability to use a variety of tools.

    Required Work Experience: 

    1) 2 Years Office/Practice Experience

    Preferred Work Experience: 

    1) 2 Years Office/Practice Experience and 1-years of Coding

    Skills and Competencies: 

    1) None Listed

    You Belong At Baystate

    At Baystate Health we know that treating one another with dignity and equity is what elevates respect for our patients and staff. It makes us not just an organization, but also a community where you belong. It is how we advance the care and enhance the lives of all people.

    DIVERSE TEAMS. DIVERSE PATIENTS. DIVERSE LOCATIONS.

    Education:

    GED or HiSET (Required)

    Certifications:

    Certified Coding Specialist – American Health Information Management Association, Certified Compensation Professional – Other

    Equal Employment Opportunity Employer

    Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.

    Apply Now

  • 4 Days Ago

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Banking specialist
  • New Valley Bank & Trust
  • Springfield, MA FULL_TIME
  • What will you do? The Banking Specialist II is responsible for maintaining customer relationships by performing efficient and accurate banking transactions on the teller line as well as customer servi...
  • 1 Day Ago

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Banking Center Specialist
  • Country Bank for Savings
  • Palmer, MA FULL_TIME
  • Being a Country Bank team member has a lot of perks! Our competitive total compensation package and comprehensive benefit package include:Medical, dental and vision insurance, a 401(k) Plan with a gen...
  • 21 Days Ago

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Banking Advisor I
  • Greenfield Savings Bank
  • Greenfield, MA FULL_TIME
  • Location: Greenfield (Main Office) General Statement of Duties: The Banking Advisor (BA) will perform platform duties as required to ensure smooth branch operations. The BA is expected to provide sing...
  • 11 Days Ago

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Banking Specialist II
  • New Valley Bank & Trust
  • Springfield, MA FULL_TIME
  • What will you do? The Banking Specialist II is responsible for maintaining customer relationships by performing efficient and accurate banking transactions on the teller line as well as customer servi...
  • 25 Days Ago

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Float Banking Center Specialist
  • Country Bank for Savings
  • Ware, MA FULL_TIME
  • Being a Country Bank team member has a lot of perks! Our competitive total compensation package and comprehensive benefit package include:Medical, dental and vision insurance, a 401(k) Plan with a gen...
  • 26 Days Ago

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0 Compliance Analyst (Banking) jobs found in Springfield, MA area

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Senior Financial Analyst
  • FM Global
  • Putnam, CT
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000...
  • 4/24/2024 12:00:00 AM

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Senior Financial Analyst
  • FM Global
  • Webster, MA
  • FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000...
  • 4/23/2024 12:00:00 AM

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Finance Analyst
  • CIRCOR International, Inc
  • Warren, MA
  • Analyst Finance BUSINESS: CIRCOR Aerospace & Defense LOCATION: Warren, MA DIRECT REPORTING: Manager, Finance FUNCTIONAL ...
  • 4/22/2024 12:00:00 AM

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Remote Regulatory Compliance Analyst (Insurance Industry)
  • National General Insurance
  • Hartford, CT
  • Job Description Position/Title: Remote Regulatory Compliance Analyst (Insurance Industry) ** NOTES: Ideal candidate will...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Senior Revenue Agent (Examiner) -12 MONTH ROSTER
  • Department Of The Treasury
  • Springfield, MA
  • Duties WHAT IS THE SBSE - SMALL BUSINESS SELF EMPLOYED DIVISION? A description of the business units can be found at: ht...
  • 4/22/2024 12:00:00 AM

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IT Analyst, Compliance (Hybrid)
  • Eversource Energy
  • Berlin, CT
  • IT Analyst, Information Security (Hybrid) This is a hybrid role. The first three months are fulltime in the office. Our ...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Senior Revenue Agent (Examiner) -12 MONTH ROSTER
  • Department Of The Treasury
  • Worcester, MA
  • Duties WHAT IS THE SBSE - SMALL BUSINESS SELF EMPLOYED DIVISION? A description of the business units can be found at: ht...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Reviewer - Examiner) 12 MONTH ROSTER - AMENDED
  • Department Of The Treasury
  • Springfield, MA
  • Duties WHAT IS THE WHISTLEBLOWER OFFICE (WBO) DIVISION? A description of the business units can be found at: https://www...
  • 4/21/2024 12:00:00 AM

Springfield is located at 42°6′45″N 72°32′51″W / 42.11250°N 72.54750°W / 42.11250; -72.54750 (42.112411, −72.547455). According to the United States Census Bureau, the city has a total area of 33.1 square miles (85.7 km2), of which 31.9 square miles (82.5 km2) are land and 1.2 square miles (3.1 km2), or 3.65%, are water. Once nicknamed "The City in a Forest," Springfield features over 4.0 square miles (10.4 km2) of urban parkland, 12% of its total land area. Located in the fertile Connecticut River Valley, surrounded by mountains, bluffs, and rolling hills in all cardinal directions, Spring...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Analyst (Banking) jobs
$51,663 to $73,260
Springfield, Massachusetts area prices
were up 1.6% from a year ago